National Storage Affiliates

National Storage Affiliates is a real estate investment trust (REIT) that acquires, owns, and operates self-storage properties in the United States. The company was founded in 2013 and is headquartered in Greenwood Village, Colorado. National Storage Affiliates focuses on acquiring and managing smaller, regional self-storage operators, with a particular emphasis on properties in secondary and tertiary markets. The company has a portfolio of over 800 storage facilities, encompassing over 55 million rentable square feet.
National Storage Affiliates operates under a unique structure, known as the "REIT REIT" model. This model involves acquiring self-storage properties through affiliated regional operators, who then become shareholders and managers of the company. This structure allows National Storage Affiliates to benefit from the expertise and local market knowledge of these operators, while also providing a stable and diversified portfolio of properties.
In addition to its primary focus on acquiring and operating self-storage properties, National Storage Affiliates also offers third-party property management services. The company's management team has extensive experience in the self-storage industry and a strong track record of growing and maximizing the value of properties.
National Storage Affiliates is traded on the New York Stock Exchange under the ticker symbol NSAA. The company has a strong financial performance, with consistent revenue growth and dividends to shareholders. National Storage Affiliates is committed to sustainable and responsible business practices, including environmental, social, and governance initiatives.

1. Largest Third-Party Storage Operator: National Storage Affiliates (NSA) is the largest third-party storage operator in the United States, with 1,100+ self-storage properties across 40 states.
2. Unique Ownership Structure: NSA has a unique structure where it is the only publicly traded real estate investment trust (REIT) that is organized as a holding company. This allows for a more efficient and tax-advantaged structure for investors.
3. Strategic Geographic Diversification: NSA has a strategic focus on geographic diversification, with properties spread across various markets and regions in the US. This helps mitigate risks associated with local economic conditions and enhances long-term stability.
4. Strong Financial Performance: The company has consistently shown strong financial performance, with steady revenue and income growth. This has resulted in consistent and increasing dividends for shareholders.
5. Experienced Management Team: NSA has a highly experienced management team with a proven track record in the self-storage industry. They have a deep understanding of the market and have a history of successful acquisitions and operations.
6. Innovative Technology: NSA has invested in innovative technology to improve the customer experience, including an online rental platform, automated rental kiosks, and a mobile app for managing storage rentals and payments.
7. Commitment to Sustainability: The company is committed to sustainable practices, such as energy efficiency and reducing its carbon footprint, through the use of solar energy, LED lighting, and other eco-friendly initiatives.
8. Focus on Community Engagement: NSA has a strong focus on giving back to the communities they operate in through various charitable initiatives and partnerships with local organizations.
9. Proven Acquisition Strategy: NSA has a proven strategy for identifying and acquiring high-quality properties, which has contributed to its growth and success in the industry.
10. Industry Recognition: The company has received numerous awards and recognitions, including being named as one of the Best Places to Work in 2020 by the Denver Business Journal and one of the Top Self Storage Operators in 2020 by the National Association of Real Estate Investment Trusts (NAREIT).