Insights
InsightsSubscribe
Press Releases
June 6, 2022
Nelson Mullins Represented SmartStop Self Storage in its Acquisition of Strategic Storage Growth Trust II
Nelson Mullins represented SmartStop Self Storage REIT, Inc. (“SmartStop”), a public non-traded real estate investment trust (“REIT”) focused on self-storage properties, in its acquisition of Strategic Storage Growth Trust II, Inc. (“SSGT II”), a private REIT that focuses on stabilized and growth self-storage properties, in stock-for-stock merger transaction that valued SSGT II’s real estate portfolio at approximately $280 million. SSGT II merged into a subsidiary of SmartStop.
As a result of the merger, SmartStop expanded its self storage portfolio by acquiring all the properties owned by SSGT II, which included 10 wholly-owned operating self-storage facilities located in 7 different states.
The Nelson Mullins deal team included Mike Rafter, Erin Reeves McGinnis, Wells Hall, Adam Marshall, and Drew Hermiller.
Read the full release here.
Established in 1897, Nelson Mullins is an Am Law 100 firm with more than 930 attorneys and government relations professionals with offices in 15 states and Washington, DC. For more information on the firm, go to www.nelsonmullins.com.
Professionals in the News
Media Contact
Caroline Balchunas
T 843.534.4121
caroline.balchunas@nelsonmullins.com
These materials have been prepared for informational purposes only and are not legal advice. This information is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Internet subscribers and online readers should not act upon this information without seeking professional counsel.
