| Work Detail |
SmartStop Self Storage REIT, Inc., a fully integrated and self-managed self-storage company, is pleased to announce the acquisition of a Class A self-storage facility located in Ladera Ranch, California. The property consists of two two-story buildings, three one-story buildings, and three floors within an adjacent four-story building that houses SmartStop’s corporate headquarters and the Ladera Sports Center. Covering around 136,300 net rentable square feet, the facility offers approximately 1,300 storage units and 18 RV storage spaces.
Storage options include a mix of climate-controlled and non-climate-controlled drive-up units, as well as multi-floor interior units with both climate-controlled and non-climate-controlled configurations, all with convenient elevator access. The facility also features solar energy capabilities and motion-sensing lighting.
Wayne Johnson, President of SmartStop, mentioned, “This acquisition is an excellent opportunity for SmartStop to expand its presence in one of the most attractive markets in Southern California. The Ladera Ranch property embodies our commitment to investing in high-quality, strategically-located facilities in markets with strong demand fundamentals. We are excited to serve this growing community and provide exceptional storage solutions.”
The facility is located at 30 Terrace Road in the heart of a thriving residential area in South Orange County, California. The site benefits from strong median household incomes, a projected 6.2% population growth within a three-mile radius over the next five years, and its proximity to a bustling retail hub anchored by well-known national brands. It is strategically positioned to serve nearby neighborhoods, including Rancho Mission Viejo, Mission Viejo, Laguna Niguel, Coto De Caza, Trabuco Canyon, and Galivan. |
