SmartStop Self Storage to combine with Argus Professional Storage Management

SmartStop Self Storage (SMA) REIT announced a significant milestone in its growth strategy with the signing of a contribution agreement for Argus Professional Storage Management, the sixth largest self-storage third-party management company in the U.S., according to Inside Self Storage, to combine with SmartStop. Together, SmartStop and APSM will own or manage over 460 self-storage properties in North America. The transaction is expected to close in October 2025, subject to customary closing conditions. Terms were not disclosed.