SmartStop Self Storage-backed Strategic Storage Growth Trust III completed the acquisition of a 65.8k net rentable sq. foot storage facility.

SmartStop Self Storage-backed Strategic Storage Growth Trust III, a real estate investment trust, completed the acquisition of a 65.8k net rentable sq. foot storage facility, located at 97 State Route 35 in Eatontown, New Jersey. Financial terms were not disclosed. “This facility will provide residents with a safe and secure place to store their belongings, and it will also offer a variety of amenities that are not available at other storage facilities in the area, including climate-controlled units, 24-hour security, video surveillance, and online account access. We believe this new facility will be a valuable asset to the community and provide value to our stockholders,” Wayne Johnson, SSGT III Chief Investment Officer.