National Storage Affiliates Trust (NYSE:NSA) (NYSE: NSA) is a publicly traded real estate investment trust focused on the ownership and operation of self-storage properties across the United States. The company utilizes an affiliate model that partners with local storage operators, combining their market expertise with the Trust’s capital and institutional resources. Through this structure, NSA has built a diversified portfolio of facilities in primary and secondary markets, offering a combination of climate-controlled units, drive-up spaces and vehicle parking across multiple states.
Services provided by the Trust include personal and business storage units, temperature-controlled spaces, vehicle and boat parking, and on-site retail showing packing and moving supplies. Facilities are managed locally by affiliate operators who maintain day-to-day oversight, while the Trust supports national marketing initiatives, technology investments and centralized customer portals. This integrated approach allows NSA to deliver consistent service standards, drive occupancy growth and sustain operating efficiencies.
Since its formation in 2013 and subsequent initial public offering in 2015, National Storage Affiliates Trust has pursued a strategy of disciplined portfolio expansion. The company has executed a series of acquisitions and joint ventures to grow its footprint, leveraging its affiliation network to access off-market opportunities. Over time, the Trust’s portfolio has expanded into diverse geographic regions, encompassing markets in the Northeast, Southeast, Midwest and West Coast, positioning NSA to benefit from broad demographic trends and resilient demand for self-storage solutions.
National Storage Affiliates Trust is externally managed by National Storage Affiliates Management LLC, with an executive leadership team that brings decades of combined experience in real estate investing, capital markets and storage operations. The Trust remains committed to operational excellence, customer satisfaction and value creation for its shareholders, focusing on sustainable cash flow growth and strategic acquisitions to support long-term performance.
