Mark Your Calendars: RealShare Orange County, August 18 in Newport Beach).

LADERA RANCH, CA-Strategic Storage Trust Inc. has acquired three facilities in California, NEvada and Virginia totaling 2,100 units for $12.2 million and plans to rebrand them under its SmartStop Self Storage name. The non-traded REIT's new assets are a 640-unit San Francisco Bay Area property at 2300 Grant Ave. in San Lorenzo, a 790-unit Nevada property at 4770 South Pecos Ave. in Las Vegas and a 640-unit facility at 815 LaSalle Ave. in Hampton, VA.

H. Michael Schwartz, SSTI’s chairman and CEO, said in an announcement regarding the acquisitions that the properties are in "strong economic markets with positive population growth potential.” The properties are examples of why SSTI is targeting specific high-growth markets in the US, he said.

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