SmartStop Self Storage REIT, Inc. operates as a fully integrated, self-managed real estate investment trust focused on the self-storage sector. The company's primary business model involves the acquisition, development, ownership, and operation of self-storage properties. SmartStop generates the vast majority of its revenue from self-storage rental operations, which accounted for approximately 79% of its total revenue in early 2026. Additionally, the company operates a Managed Platform segment that provides third-party management services and sponsors other self-storage programs, contributing a smaller but growing portion of its income. Geographically, SmartStop maintains a significant footprint across North America, with an owned or managed portfolio of over 460 operating properties spanning 35 U.S. states, the District of Columbia, and multiple provinces in Canada. This extensive network comprises over 270,000 units and more than 35 million rentable square feet. Competitively, SmartStop ranks among the top 10 largest self-storage operators in the United States. The company leverages a technology-driven approach and a large team of self-storage professionals to optimize occupancy rates and revenue management, positioning itself as a premier brand in both high-growth U.S. markets and the Greater Toronto Area.
