Please reload

SSGT purchases Garden Grove, CA self-storage complex for $18.4M

Strategic Storage Growth Trust, Inc., a public non-traded REIT sponsored by SmartStop Asset Management, LLC, announced today its purchase of a newly converted, 900-unit self storage facility that opened in March in Garden Grove, Calif. for $18.4 million.


Located at 12321 Western Ave., the approximately 3-acre property includes roughly 95,000 rentable square feet and 59 RV storage spaces.


"This self storage facility is well located in a highly populated urban area that we believe has a consistent demand for storage space," said H. Michael Schwartz, chairman and chief executive officer. "We couldn't be more pleased to expand the Strategic Storage Growth Trust portfolio with this attractive acquisition."

SSGT is a public non-traded REIT that focuses on the acquisition, development, redevelopment and lease-up of self storage properties. The SSGT portfolio currently consists of 16 operating self storage facilities located in seven states comprising approximately 11,000 self storage units and approximately 1.3 million net rentable square feet of storage space. 


Share on Facebook
Share on Twitter
Please reload

Institutional investors slash CRE capital budget by 19%: Report

Ashford REIT invests in 'purification' tech to create allergy-free guestrooms

REIT to build $110M facility to house immigrants rounded up by Trump

Working in style: The corporate campus designed by Frank Lloyd Wright

Hard Rock unveils plans to revamp Trump's failed Atlantic City casino

Food tenants increasingly crucial for shopping centers: Report

Retailer Finer Fields aims to merge bricks and clicks

The Gents Place 'lifestyle club' muscling into new markets

Please reload


  • White Facebook Icon
  • White Twitter Icon
  • White Instagram Icon
More from Squarefootprint
Further reading



  • White Facebook Icon
  • White Twitter Icon
  • White Instagram Icon