v3.25.3
Real Estate - Summary of Purchase Price Allocation for Real Estate Related Assets Acquired (Detail)
$ in Thousands
9 Months Ended
Sep. 30, 2025
USD ($)
Business Acquisition [Line Items]  
Real Estate Assets $ 303,992
Intangibles 12,986
Total assets acquired 316,978 [1]
2025 Revenue $ 8,890 [2]
Hillside  
Business Acquisition [Line Items]  
Acquisition Date Jan. 07, 2025
Occupancy Upon Acquisition 89.00% [3]
Real Estate Assets $ 34,556
Intangibles 1,388
Total assets acquired 35,944 [1]
2025 Revenue $ 1,824 [2]
Clifton  
Business Acquisition [Line Items]  
Acquisition Date Jan. 07, 2025
Occupancy Upon Acquisition 93.00% [3]
Real Estate Assets $ 37,072
Intangibles 1,575
Total assets acquired 38,647 [1]
2025 Revenue $ 2,152 [2]
Murfreesboro  
Business Acquisition [Line Items]  
Acquisition Date Feb. 20, 2025 [4]
Occupancy Upon Acquisition 89.00% [3],[4]
Real Estate Assets $ 7,578 [4]
Intangibles 329 [4]
Total assets acquired 7,907 [1],[4]
2025 Revenue $ 451 [2],[4]
Kelowna  
Business Acquisition [Line Items]  
Acquisition Date Apr. 15, 2025
Occupancy Upon Acquisition 88.00% [3]
Real Estate Assets $ 27,445
Intangibles 762
Total assets acquired 28,207 [1]
2025 Revenue $ 707 [2]
Lakewood II  
Business Acquisition [Line Items]  
Acquisition Date May 29, 2025
Occupancy Upon Acquisition 87.00% [3]
Real Estate Assets $ 12,242
Intangibles 507
Total assets acquired 12,749 [1]
2025 Revenue $ 401 [2]
Holzwarth Rd, Houston  
Business Acquisition [Line Items]  
Acquisition Date Jun. 17, 2025
Occupancy Upon Acquisition 82.00% [3]
Real Estate Assets $ 14,525
Intangibles 744
Total assets acquired 15,269 [1]
2025 Revenue $ 431 [2]
Holcombe Blvd, Houston  
Business Acquisition [Line Items]  
Acquisition Date Jun. 17, 2025
Occupancy Upon Acquisition 92.00% [3]
Real Estate Assets $ 35,835
Intangibles 1,686
Total assets acquired 37,521 [1]
2025 Revenue $ 884 [2]
Louetta Rd, Houston  
Business Acquisition [Line Items]  
Acquisition Date Jun. 17, 2025
Occupancy Upon Acquisition 88.00% [3]
Real Estate Assets $ 19,141
Intangibles 872
Total assets acquired 20,013 [1]
2025 Revenue $ 507 [2]
FM 2978, Houston  
Business Acquisition [Line Items]  
Acquisition Date Jun. 17, 2025
Occupancy Upon Acquisition 83.00% [3]
Real Estate Assets $ 13,867
Intangibles 643
Total assets acquired 14,510 [1]
2025 Revenue $ 381 [2]
Shenandoah, Houston  
Business Acquisition [Line Items]  
Acquisition Date Jun. 17, 2025
Occupancy Upon Acquisition 88.00% [3]
Real Estate Assets $ 19,603
Intangibles 910
Total assets acquired 20,513 [1]
2025 Revenue $ 504 [2]
Edmonton, Alberta  
Business Acquisition [Line Items]  
Acquisition Date Aug. 26, 2025
Occupancy Upon Acquisition 68.00% [3]
Real Estate Assets $ 9,373,000
Intangibles 346,000
Total assets acquired 9,719,000 [1]
2025 Revenue $ 71,000 [2]
Sherwood Park, Alberta  
Business Acquisition [Line Items]  
Acquisition Date Aug. 26, 2025
Occupancy Upon Acquisition 72.00% [3]
Real Estate Assets $ 11,349,000
Intangibles 455,000
Total assets acquired 11,804,000 [1]
2025 Revenue $ 87,000 [2]
Red Deer, Alberta  
Business Acquisition [Line Items]  
Acquisition Date Aug. 26, 2025
Occupancy Upon Acquisition 72.00% [3]
Real Estate Assets $ 13,232,000
Intangibles 550,000
Total assets acquired 13,782,000 [1]
2025 Revenue $ 100,000 [2]
Canmore, Alberta  
Business Acquisition [Line Items]  
Acquisition Date Aug. 26, 2025
Occupancy Upon Acquisition 86.00% [3]
Real Estate Assets $ 20,202,000
Intangibles 859,000
Total assets acquired 21,061,000 [1]
2025 Revenue $ 169,000 [2]
Cochrane, Alberta  
Business Acquisition [Line Items]  
Acquisition Date Aug. 26, 2025
Occupancy Upon Acquisition 69.00% [3]
Real Estate Assets $ 13,372,000
Intangibles 632,000
Total assets acquired 14,004,000 [1]
2025 Revenue $ 117,000 [2]
Rahway  
Business Acquisition [Line Items]  
Acquisition Date Sep. 03, 2025
Occupancy Upon Acquisition 94.00% [3]
Real Estate Assets $ 14,600,000
Intangibles 728,000
Total assets acquired 15,328,000 [1]
2025 Revenue $ 104,000 [2]
[1] The allocation noted above is based on a determination of the relative fair value of the total consideration and represents the amount paid including capitalized acquisition costs, as applicable.
[2] The operating results of the self storage properties acquired have been included in our consolidated statements of operations since their acquisition dates.
[3] Represents the approximate occupancy percentage of the property at the time of acquisition.
[4] This property was sold to SST X on October 30, 2025 for approximately $7.9 million. Please see Note 14 – Subsequent Events for additional detail.