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International

SmartStop to acquire Strategic Storage in US$370M deal

Don Wilcox Commercial Transactions International Nov. 11 2020

SmartStop Self Storage REIT says it will acquire and merge with Strategic Storage Trust IV Inc., in a transaction valued at about $370 million US. The deal will create a company with operations in the U.S. and Canada totalling 136

Granite buys U.S., GTA industrial, raises distribution

Don Wilcox Commercial Transactions International Nov. 6 2020

The expansion of Granite REIT’s industrial portfolio continued without pause during Q3 2020, with the additions of 1.3 million more square feet of space, a move into a new U.S. market and an increase in the trust’s distributions to shareholders.

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