SmartStop Self Storage REIT Inc. (NYSE: SMA) has acquired a self-storage facility located at 5885 W. Colfax Ave. in Lakewood.
The facility comprises approximately 66,850 net rentable square feet and offers around 600 storage units across six buildings, including one three-story building, one two-story building, and three one-story buildings. The property features a mix of drive-up, ground-level interior non-climate-controlled and upper-level interior climate-controlled units, accessible via three elevators.
Strategically positioned about 3.5 miles from downtown Denver, the facility has high visibility along West Colfax Avenue, which sees a daily traffic count of approximately 22,000 vehicles. The surrounding area has a strong demographic profile, with a projected five-year population growth rate of 3.0% within a three-mile radius. This facility will serve the neighborhoods of Eiber, Two Creeks, Edgewater, Morse Park, North Alameda and Sloan Lake.
“Our continued investment in high-quality storage assets within strong, growing markets like the Denver MSA is part of our long-term strategic vision,” said Wayne Johnson, president and chief investment officer of SmartStop. “With its central location, modern layout, and diverse unit mix, this facility is well positioned to meet customers’ needs throughout the Lakewood and greater Denver communities.”
Ladera Ranch., Calif.-based SmartStop Self Storage REIT Inc. is a self-managed REIT with a fully integrated operations team of approximately 590 employees. As of May 29, 2025, SmartStop has an owned or managed portfolio of 221 operating properties in 23 states, the District of Columbia, and Canada, comprising approximately 157,600 units and 17.7 million rentable square feet.
