LADERA RANCH, Calif., March 13, 2025 –Strategic Storage Growth Trust III, Inc. (“SSGT III”), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), is pleased to announce the acquisition of a self-storage facility in Dallas, Texas. This property was acquired by SSGT III in a Delaware Statutory Trust.
Situated at 8110 S Cockrell Hill Road, the newly acquired facility spans approximately 73,900 net rentable square feet and comprises approximately 690 storage units, offering a mix of drive-up and climate-controlled interior units. The property, designed to accommodate diverse storage needs, consists of nine single-story buildings and one two-story building with elevator access.
Strategically positioned adjacent to a major retail store, the facility benefits from a daily traffic count of approximately 20,400 vehicles, ensuring exceptional visibility and easy customer access. The facility will cater to residents and businesses in Dallas, Wolf Creek, Brownlee Park, Bellaire Acres, Lancaster and Bear Creek Ranch, offering convenient and secure storage solutions.
“This acquisition reflects our focused approach to identifying well-located, income-producing self-storage properties in markets experiencing strong economic and population growth,” said H. Michael Schwartz, CEO and President of SSGT III. “Dallas continues to present compelling opportunities, and this facility allows us to provide convenient, high-quality storage options to meet the needs of the local community.”