SmartStop Self Storage REIT, Inc. (NYSE: SMA), a self-managed real estate investment trust and owner and operator of self-storage facilities in the United States and Canada, announced the pricing of an upsized underwritten public offering of 8,150,000 shares of its common stock at a public offering price of US$37 per share. In addition, the underwriters have been granted an option to purchase up to an additional 1,222,500 shares of SmartStop’s common stock. The offering is expected to close on November 12, 2026, subject to customary closing conditions.
Latham & Watkins LLP represents the underwriters in the offering with a Capital Markets team led by partners Lewis Kneib and Julian Kleindorfer, with associates Andrew Bentz, Will Coughlin, and Sareen Ishanyan, with assistance from Eunice Song. Advice was also provided on derivatives matters by partner Reza Mojtabaee-Zamani, with associate Daniel Weiss; and on tax matters by partner Ana O’Brien and counsel Will Kessler, with associate Sina Setayeshpour.*
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