National Storage Affiliates Trust
NSA-PA
New York Stock Exchange22.84
USD
-0.04
- -
CIK
0001618563
ISIN
US6378702053
CUSIP
637870205
Return %
Stock
S&P500
1Y
-1.47
26.53
3Y
-1.25
76.60
5Y
-14.62
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- David G. Cramer
- Full Time Employees
- 1,466
- Sector
- Real Estate
- Industry
- REIT - Industrial
- Address
- 8400 East Prentice Avenue Greenwood Village CO United States of America 80111
- IPO Date
- Oct 4, 2017
- CIK
- 0001618563
- Similar Companies
- Business
- National Storage Affiliates Trust (NSA) is a Maryland-based real estate investment trust (REIT) headquartered in Greenwood Village, Colorado, focused on the ownership, operation, and acquisition of self-storage properties located predominantly within the top 100 metropolitan statistical areas throughout the United States and Puerto Rico. Founded in 2013, the company holds interests in and operates approximately 1,069 self-storage properties across 37 states and Puerto Rico, encompassing around 69.8 million rentable square feet as of September 30, 2025; it ranks among the largest owners and operators of self-storage assets in the United States through its unique Participating Regional Operator (PRO) platform, which partners with established regional operators managing properties under brands including iStorage, Move It Storage, Northwest Self Storage, SecurCare Self Storage, and Moove In Self Storage. Core offerings include self-storage units in various sizes with climate-controlled options, secure drive-up access, and vehicle storage capabilities; tenant insurance products providing coverage for stored goods; moving and packing supplies such as boxes, locks, tape, and merchandise; tenant reinsurance; and management and transaction fees derived from its decentralized operational model where PROs handle day-to-day property management while leveraging NSA's scale and technology for revenue optimization. NSA generates revenue primarily from rental operations (85-90%), supplemented by tenant reinsurance (5-10%) and management fees; it serves individual consumers, families, and businesses seeking short- and long-term storage solutions in secondary and tertiary markets with lower competition. In recent developments, NSA announced a preferred equity investment in a newly formed joint venture with an affiliate of Investment Real Estate Management, LLC (IRE), a former PRO managing Moove In properties, providing up to $105 million in equity for a total $350 million buying power to pursue value-add self-storage acquisitions in growth markets; the company also reported third-quarter 2025 results with net income of $29.0 million, reaffirmed its full-year 2025 earnings guidance amid a positive self-storage sector outlook with supply growth below historical averages, sold two properties classified as held for sale in July 2025, and continues quarterly common and preferred share dividends.