LADERA RANCH, Calif. - SmartStop Self Storage REIT, Inc. ('SmartStop' or the 'Company'), a self-managed and fully integrated self-storage company, announced today its acquisition of a self-storage facility spanning approximately 64,700 net rentable square feet in Colorado Springs, Colorado. The facility comprises 20 single-story buildings with approximately 450 units offering convenient drive-up access, 24-hour video surveillance, and approximately 100 parking spaces. It also features a two-story leasing office with approximately 30 climate-controlled, single-tenant office suites.

Situated at 3150 Boychuk Avenue, the facility sits across from a retail center that houses a bank, grocery store, and various dining establishments and is within a 10-minute drive of the Colorado Springs airport. In addition to dense three- and five-mile populations with above-average household incomes, the facility is located within five miles of the Fort Carson U.S. Army Post and Peterson Space Force Base, which include approximately 45,000 military personnel. The Colorado Springs location will serve Southeast Colorado Springs, Stratmoor, Stratmoor Hills, Stratton Meadows, and Security-Widefield.

'We are thrilled to announce the launch of our second self-storage facility in Colorado Springs,' stated Wayne Johnson, President of SmartStop. 'This expansion underscores our ongoing dedication to offering well-maintained solutions with valuable amenities for our customers.'

Contact:

David Corak

VP of Corporate Finance

SmartStop Self Storage REIT, Inc.

IR@smartstop.com

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