Increased total revenue by approximately $1.4 million, or 37%, when compared to the same period in 2017. Increased same-store revenues and NOI by 5.6% and 9.4%, respectively, compared to the same period in 2017.
“We are proud to report another strong quarter of results along with an acquisition in Las Vegas, Nevada, which is a great complementary asset to our portfolio”, said H. Michael Schwartz, chairman and chief executive officer of SSGT. “As an update with respect to our merger with Strategic Storage Trust II, Inc., the go-shop period in our merger agreement expired on November 15. The merger will provide our stockholders with full-cycle liquidity in an all-cash transaction at $12.00 per share, a price above the most recently announced net asset value.”…
[Read on via official release]
Source: US SEC
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