SSGT III Acquires Self-Storage Portfolio in Spartanburg County, 179,900 Sq Ft
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 19 2025
0mins
Source: Businesswire
- Acquisition Strategy: SSGT III has acquired a three-property self-storage portfolio in Spartanburg County, South Carolina, totaling approximately 179,900 net rentable square feet and 1,580 storage units, primarily climate-controlled, aimed at enhancing its asset mix in high-demand markets.
- Market Potential: The properties are situated in well-populated suburban areas benefiting from strong household incomes and favorable population growth trends, which are expected to drive future operational performance and long-term value creation.
- Facility Features: One facility in Boiling Springs offers 53,500 square feet of rentable space and 450 storage units, with visibility to approximately 33,000 vehicles per day, indicating strong market demand and visibility.
- Investment Returns: The CEO of SSGT III stated that this acquisition aligns with its investment strategy in high-quality self-storage assets, anticipating continued operational performance and value growth for the company.
Analyst Views on SMA
Wall Street analysts forecast SMA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SMA is 39.57 USD with a low forecast of 35.00 USD and a high forecast of 41.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
6 Buy
0 Hold
1 Sell
Moderate Buy
Current: 32.080
Low
35.00
Averages
39.57
High
41.00
Current: 32.080
Low
35.00
Averages
39.57
High
41.00
About SMA
SmartStop Self Storage REIT, Inc. is a self-managed REIT with a fully integrated operations team of more than 1000 self-storage professionals focused on growing the SmartStop Self Storage brand. The Company is focused on the acquisition, ownership and operation of self-storage properties located primarily within the top 100 metropolitan statistical areas (MSAs) throughout the United States and Canada. The Company's segments include self storage operations and the Managed REIT Platform business. The Company, through its indirect subsidiary, SmartStop REIT Advisors, LLC, also sponsors other self-storage programs. It owns or manages more than 460 operating properties in 35 states, Washington D.C., and Canada, comprising over 270,000 units and 35 million rentable square feet. The Company and its affiliates own or manage 49 operating self-storage properties across four provinces in Canada, which total approximately 42,200 units and 4.3 million rentable square feet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
