---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-284720"
form_type: "8-K"
ticker: "SMA"
cik: "0001585389"
company_name: "SmartStop Self Storage REIT, Inc."
filed_at: "2025-11-17T23:59:59+00:00"
generated_at: "2026-05-16T19:15:29.394627+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Same-store occupancy up to 92.5% but web/move-in rates down sharply YoY

## Summary
- Physical occupancy 92.5% at Oct 31, 2025 vs 92.3% a year earlier.
- Monthly web rates fell to $0.94 from $1.09 (-13.8%).
- Monthly move-in rates dropped to $0.85 from $1.04 (-18.3%).
- In-place rates held flat at $1.64 per square foot.
- Declining rental rates on new leases signal potential revenue pressure.

## SEC filing metadata
- accession: 0001193125-25-284720
- form_type: 8-K
- ticker: SMA
- cik: 0001585389
- company_name: SmartStop Self Storage REIT, Inc.
- filed_at: 2025-11-17T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1585389/000119312525284720/0001193125-25-284720-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1585389/000119312525284720/ck0001585389-20251117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-284720
- JSON: https://secwatch.observer/filing/0001193125-25-284720.json
- Plain text: https://secwatch.observer/filing/0001193125-25-284720.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.