National Storage Affiliates Trust (NSA) is a self-administered, self-managed real estate investment trust, dedicated to the ownership, operation, and acquisition of high-quality regional self-storage facilities located within the top 100 metropolitan statistical areas throughout the United States. With a robust portfolio comprising several high-performing storage properties, NSA has made a name for itself in the highly competitive real estate market.
Headquartered in Greenwood Village, Colorado, NSA was founded in 2013 with the aim of becoming a leading provider of self-storage spaces. Over the years, the company has significantly expanded its footprint across diverse markets, all while maintaining its commitment to deliver superior customer service and strong shareholder value.
The company operates under the umbrella of six major regional operators, which cater to various customer needs, basing its services on local experiences and market knowledge. NSA's business model, which leverages both organic growth and acquisitions to drive performance, is considered relatively unique in the self-storage sector, enabling NSA to have one of the fastest growth rates within the industry.
NSA's core focus is on delivering superior returns by investing in and managing a portfolio of self-storage properties. These properties are key in providing consumers with an array of storage solutions, including personal, business, vehicle, and wine storage, with some facilities offering RV and boat storage too.
As of 2021, NSA owns and operates over 900 self-storage properties across 35 states and Puerto Rico, totaling approximately 46 million rentable square feet. The trust’s physical assets are operated through its large and established network of local operators, contributing to NSA's ethos of 'local operators, national scale.'
Publicly traded on the New York Stock Exchange as NSA, the trust is included in the MSCI US REIT Index, establishing it as a recognized player within the real estate investment trust landscape. NSA's extensive portfolio, coupled with its consistent performance, has contributed to its strong presence in the market, making it a preferred choice for both customers seeking self-storage solutions and investors looking for profitable REIT investments.
In essence, National Storage Affiliates Trust is not just a self-storage company; it is a valued contributor to the real estate sector, offering a service that is essential to many individuals and businesses and generating impressive returns for its shareholders. As it looks to the future, NSA aims to continue expanding its portfolio and further cementing its position in the self-storage industry.