SmartStop Self Storage REIT, Inc. 8-K

What Happened SmartStop Self Storage REIT, Inc. (SMA) filed an 8-K on January 8, 2026 (Item 7.01, Regulation FD disclosure) providing same-store operating metrics for its stabilized, comparable properties included in consolidated results since January 1, 2024 (excluding four properties). The company reported year-end figures for December 31, 2025 compared with December 31, 2024 for occupancy and several rate measures.

Key Details

• Physical occupancy: 92.1% as of 12/31/2025 vs. 92.3% as of 12/31/2024.
• Monthly web rate: $0.91 as of 12/31/2025 vs. $0.97 as of 12/31/2024.
• Monthly move-in rate: $0.88 as of 12/31/2025 vs. $0.94 as of 12/31/2024.
• Monthly in-place rate: $1.63 as of 12/31/2025, unchanged from $1.63 as of 12/31/2024.

Why It Matters These are operational same-store KPIs that help investors track demand and pricing trends across SmartStop’s portfolio. Occupancy remained essentially flat year-over-year, while web and move-in rates showed modest declines, and in-place (current contracted) rent held steady. Such metrics can be an early indicator of revenue and NOI trends for the REIT, and investors may use them alongside reported financial results to assess short-term performance and pricing power.