SmartStop
SmartStop is a self-storage REIT (NYSE: SMA) that completed an $810 million IPO in April 2025 and sponsors self-storage DSTs through its broader platform, with assets in the $7 billion-plus range post-listing. Its…
Overview
SmartStop is a self-storage REIT (NYSE: SMA) that completed an $810 million IPO in April 2025 and sponsors self-storage DSTs through its broader platform, with assets in the $7 billion-plus range post-listing. Its pure-play self-storage focus, internal management and combined U.S.-and-Canada footprint give it a clean, single-sector thesis, and the recent public listing adds a transparency and liquidity dimension uncommon among DST sponsors. For exchangers, it offers concentrated exposure to a resilient, low-operating-intensity asset class.
Key strategies & advantages
- Self-storage pure-play, concentrated exposure to a resilient, low-operating-intensity asset class.
- NYSE-listed (ticker SMA) after an $810 million IPO in April 2025, rare transparency/liquidity for a DST sponsor.
- Sponsors self-storage DSTs through its broader platform.
- Internally managed, capturing operating economics.
- Operates a combined U.S. and Canada storage footprint.
Track record
Baker 1031 does not yet have full-cycle, deal-by-deal results for SmartStop in its dataset. Aggregate figures above, where shown, are sponsor-reported and not independently verified. Past performance does not guarantee future results.
Current offerings from this sponsor
Baker 1031 tracks this sponsor’s active DST and 1031-eligible offerings. Verified investors can review what’s currently available. Browse current offerings →
Gerald F. “Jerry” Baker, III — Founder & Managing Principal, Baker 1031 Investments · FINRA Series 22 / 63 · SIE. Read full bio →
Sponsor figures are sponsor-reported and not independently verified; they may reflect selection and survivorship bias, and past performance does not guarantee future results. This profile is educational and is not investment advice or an offer to sell or a solicitation to buy any security. Offerings are available only to accredited investors and are made solely through the sponsor’s Private Placement Memorandum. Securities offered through Aurora Securities, member FINRA/SIPC. Real estate investments involve risk, including possible loss of principal.
