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Heitman backs more than 106 US properties as SmartStop commits up to CAD $300 million in Canada

Heitman and Andover launch a US joint venture seeded with more than 106 properties across 16 states, citing below-replacement-cost entry; SmartStop commits confirmed capital of approximately USD $54 million at close, with a total potential commitment of up to CAD $300 million, in an early-stage Canadian portfolio targeting lease-up upside.

Andover Properties (PR Newswire) · Oct 22, 2026, 5:57 a.m.