National Storage Affiliates Trust

Greenwood Village, United States

National Storage Affiliates Trust is a Maryland-based real estate investment trust (REIT) that owns, operates, and acquires self-storage facilities across the United States. As of September 30, 2025, the company operates 1,069 self-storage properties located in 37 states and Puerto Rico, making it one of the largest self-storage operators in the nation. NSA generates revenue primarily through rental income from its self-storage facilities and operates through a Participating Regional Operator (PRO) partnership model that leverages local market expertise.