SST VI closes CAD$35.5M Burlington self-storage buy, ups dividend

Strategic Storage Trust VI, Inc.

Acquired 890-unit Burlington, ON facility for CAD$35.5M; 92,400 sq ft; third Toronto-market purchase.
Secured CAD$16.5M non-revolving loan from National Bank of Canada at ~5.94% interest, 3-year term.
Daily distribution raised to ~$0.001698/share from ~$0.00164, effective Q4 2022.
Also purchased 63,000 sq ft Oxford, FL facility with 440 units and 48 RV spaces.

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