SmartStop Self Storage REIT reports October occupancy and rate metrics

Published 17/11/2025, 22:54
SmartStop Self Storage REIT reports October occupancy and rate metrics

SmartStop Self Storage REIT, Inc. (NYSE:SMA) released operating metrics for its same store facilities on Monday. According to a statement in a recent SEC filing, physical occupancy for these properties was 92.5% as of October 31, 2025, compared to 92.3% on October 31, 2024.

The company reported that monthly web rates were $0.94 as of October 31, 2025, down from $1.09 at the same time last year. Monthly move-in rates were $0.85, compared to $1.04 one year earlier. Monthly in-place rates remained unchanged at $1.64 for both periods.

These figures reflect stabilized and comparable properties included in SmartStop’s consolidated results of operations since January 1, 2024, excluding four other properties. The information is based on a press release statement included in the company’s SEC filing.

In other recent news, SmartStop Self Storage REIT Inc. reported its third-quarter 2025 earnings, which did not meet analyst expectations. The company disclosed an adjusted funds from operations (FFO) per share of $0.47, falling short by 2 cents. Additionally, SmartStop Self Storage achieved a same-store revenue growth of 2.5% and a same-store net operating income (NOI) growth of 1.5%. These figures highlight the company’s recent financial performance, which investors closely monitor. Analysts had anticipated slightly higher earnings, making this development noteworthy for those tracking the company’s financial health. Despite the earnings miss, SmartStop Self Storage continues to show growth in key operational metrics. This recent earnings report is part of the ongoing developments concerning SmartStop Self Storage. Investors may find these figures significant as they assess the company’s trajectory.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.