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SmartStop Self Storage Acquires Argus for $21 Million

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SmartStop Self Storage Acquires Argus for $21 Million

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SmartStop Self Storage REIT, Inc. ( (SMA) ) has issued an update.

On September 24, 2025, SmartStop Self Storage REIT, Inc. announced a strategic move to acquire Argus Professional Storage Management, a significant player in the self-storage management sector. This acquisition, valued at $21 million with potential additional earnouts, will expand SmartStop’s portfolio to over 460 properties in North America. The merger is expected to close in October 2025 and is seen as a game-changing deal that will enhance SmartStop’s market position by integrating Argus’ reputable management capabilities with SmartStop’s technology-driven platform. The transaction is anticipated to be immediately accretive to SmartStop’s financial performance and will offer flexible partnership options to storage owners, thereby strengthening its industry presence.

The most recent analyst rating on (SMA) stock is a Buy with a $39.00 price target. To see the full list of analyst forecasts on SmartStop Self Storage REIT, Inc. stock, see the SMA Stock Forecast page.

Spark’s Take on SMA Stock

According to Spark, TipRanks’ AI Analyst, SMA is a Neutral.

SmartStop Self Storage REIT, Inc. has a moderate overall stock score driven by positive corporate events and technical analysis indicators. The company’s financial performance is stable but challenged by high leverage and negative profitability, which impacts its valuation. The recent public offering and dividend declarations are positive signs, but the negative P/E ratio and profitability issues remain concerns.

To see Spark’s full report on SMA stock, click here.

More about SmartStop Self Storage REIT, Inc.

SmartStop Self Storage REIT, Inc. is a self-managed real estate investment trust that operates and manages self-storage facilities in the United States and Canada. The company focuses on growing the SmartStop Self Storage brand and has a portfolio of 236 operating properties across 23 states, the District of Columbia, and Canada. Argus Professional Storage Management is the second largest exclusively third-party management company in the self-storage industry, managing 227 stores across 26 states.

Average Trading Volume: 607,190

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.44B

Learn more about SMA stock on TipRanks’ Stock Analysis page.

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