Strategic Storage Growth Trust II, Inc. Acquires 587-Unit Self Storage Facility in Phoenix
PHOENIX (May 16, 2019) – Strategic Storage Growth Trust II, Inc. (“SSGT II”), a private real estate investment trust sponsored by SmartStop Asset Management, LLC, announced today its acquisition of a 587-unit self storage facility in Phoenix, Arizona. This is the second acquisition completed by SSGT II.
“This recently constructed Class A self storage facility is ideally located on heavily travelled Happy Valley Road in Phoenix’s high- growth Norterra community,” said Wayne Johnson, chief investment officer. “The property benefits from advantageous access and visibility as well as its proximity to numerous national retailers.”
About Strategic Storage Growth Trust II, Inc. (“SSGT II”):
SSGT II, Inc. is a Maryland corporation that intends to qualify as a real estate investment trust for federal income tax purposes. SSGT II, Inc. focuses on opportunistic self storage properties.
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