SAN FRANCISCO—Strategic Storage Trust, Inc. recently acquired additional interests of approximately 86% and now owns a majority (98%) interest in a 1,120 unit self-storage facility located in downtown San Francisco. SSTI acquired the shares from various investors in a Delaware statutory trust.
This building was previously re-branded under the SmartStop Self Storage trade name.
Located at 190 Otis St., the 76,200 square-foot facility offers eight levels (one basement) of self-storage units. It was converted to self-storage in 2000.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
