SmartStop unveils Deca Initiative targeting capitalization through acquisitions and AI

Filed July 21, 2026 · Period ending July 21, 2026 · ~1 min read

Key Changes

• high

  Announced The Deca Initiative, a strategic plan to grow total capitalization to through six pillars: disciplined capital allocation, operations/margin expansion, AI technology, third-party management, managed REIT platform, and acquisition joint ventures.

  Exhibit 99.1 view on EDGAR →
• high

  Deployed nearly in acquisitions since September 2024 at mid- cap rates in top 25 U.S. and Canadian markets; issued CAD in Maple Bonds at ~ blended coupon; received two investment-grade credit rating upgrades (BBB Stable from Kroll and DBRS Morningstar).

  Exhibit 99.1 view on EDGAR →
• high

  Acquired Argus Professional Storage Management, adding approximately 230 properties across 26 states to third-party management platform; now manages ~230 properties total across North America in capital-light fee-generating business.

  Exhibit 99.1 view on EDGAR →