Deals
SmartStop Self Storage REIT Raises $810 Million in US IPO
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SmartStop Self Storage REIT Inc. raised $810 million in an initial public offering Tuesday, pricing its shares in the bottom half of a marketed range.
The Ladera Ranch, California-based company sold 27 million shares for $30 each, according to a statement. SmartStop initially marketed 27 million shares for $28 to $36 apiece before lowering the price range to $28 to $35 on Friday.