Home News Strategic Storage Trust IV Now Accepting Subscriptions from Pennsylvania Residents

Strategic Storage Trust IV Now Accepting Subscriptions from Pennsylvania Residents

Strategic Storage Trust IV Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management LLC, has surpassed $50 million in subscriptions and may now accept Pennsylvania investors.

Strategic Storage Trust IV Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management LLC, has surpassed $50 million in subscriptions and may now accept Pennsylvania investors.

Strategic Storage Trust IV is offering up to $1 billion in shares of its common stock in its primary offering, consisting of three classes of shares: Class A shares for $25.00 per share, Class T shares for $24.21 per share, and Class W shares for $22.75 per share.

All investors have the option to purchase Class A or Class T shares in the offering, while Class W shares are only available to investors purchasing through certain fee-based programs or registered investment advisors.

In addition, Strategic Storage Trust IV is offering up to $95 million distribution reinvestment plan shares at $23.75 per share for Class A shares, $23.00 per share for Class T shares, and $22.75 per share for Class W shares.

Strategic Storage Trust IV intends to primarily invest in a portfolio of self storage assets consisting of both income-producing and growth properties located in the United States and Canada. The REIT’s portfolio is comprised of two properties with approximately 1,080 self storage units.

For more Strategic Storage Trust IV news, please visit their directory page here.

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