Profile: National Storage Affiliates Trust (NSA)
24 May 2019
National Storage Affiliates Trust, incorporated on May 16, 2013, is an integrated, self-administered and self-managed real estate investment trust. The Company is focused on the ownership, operation and acquisition of self-storage properties located within various metropolitan statistical areas (MSAs) across the United States. The Company's operating partnership subsidiary is NSA OP, LP. As of December 31, 2016, the Company held ownership interests in and operated a geographically diversified portfolio of 448 self storage properties, located in 23 states, comprising approximately 27.6 million rentable square feet, configured in approximately 220,000 storage units.
The Company's self-storage properties are located in various states of the United States, such as California, Florida, Indiana, Ohio, Louisiana, Oregon, New Hampshire, Oklahoma, Texas, Nevada, New Mexico, Arizona, Colorado and Georgia. The Company has seven participating regional operators (PROs), including SecurCare Self Storage, Inc. and its controlled affiliates (SecurCare); Kevin Howard Real Estate Inc. and its controlled affiliates (Northwest); Optivest Properties LLC and its controlled affiliates (Optivest); Guardian Storage Centers LLC and its controlled affiliates (Guardian); Move It Self Storage and its controlled affiliates (Move It); Arizona Mini Storage Management Company and its controlled affiliates (Storage Solutions), and Hide-Away Storage Services, Inc. and its controlled affiliates (Hide-Away). As of December 31, 2016, SecurCare was responsible for covering the west, mountain and southeast regions, and provided property management services to 185 of its properties located in California, Colorado, Florida, Georgia, Indiana, Kentucky, Louisiana, Mississippi, North Carolina, Ohio, Oklahoma, South Carolina and Texas.
As of December 31, 2016, Northwest was responsible for covering the northwest region, and provided property management services to 69 of its properties located in Oregon and Washington. Optivest is responsible for covering New Hampshire and the southwest region. As of December 31, 2016, Optivest managed 39 of the Company's properties located in Arizona, California, Nevada, New Hampshire, New Mexico and Texas. Guardian is responsible for covering portions of the southern California region and the Arizona market. As of December 31, 2016, Guardian managed 48 of its properties located in California and Arizona. Move It is responsible for covering certain portions of the Texas and southeast markets. Move It provided property management services to 22 of its properties located in Alabama, Louisiana, Mississippi and Texas, as of December 31, 2016. Storage Solutions was responsible for covering the Arizona market. Storage Solutions managed four of its properties in Arizona, as of December 31, 2016. Hide-Away is responsible for covering the western Florida market. Based in Sarasota, Florida, Hide-Away managed 15 of its properties in western Florida, as of December 31, 2016. Personal Mini is responsible for covering portions of the central Florida market.
The Company competes with Public Storage, Cubesmart, Extra Space Storage Inc. and Life Storage, Inc.
National Storage Affiliates Trust
8400 E. Prentice Avenue, 9Th Flo
GREENWOOD VILLAGE CO 80111