Strategic Storage Trust VI enters $35.5M CAD agreement for Burlington self-storage facility

Strategic Storage Trust VI, Inc.

Subsidiary acquires rights to purchase 92,400 sq. ft. self-storage facility in Burlington, Ontario for CAD$35.5M plus costs.
Expected close in Q3 2022; funding from public offering proceeds and debt.
Purchase contingent on due diligence, financing, and other conditions; no assurance of completion.
Up to CAD$2.8M earnest money may be forfeited if deal fails to close.
Property contains 890 storage units; acquired via assignment from SmartStop Self Storage REIT affiliate.

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