In short order, self-storage real estate investment trust (REIT) National Storage Affiliates Trust (NSAT) has become one of the nation’s most prominent operators of owned and managed facilities. Its business model has allowed it to amass a portfolio of 540 properties in 29 states comprising 34 million net rentable square feet. What’s the secret behind the success? Find out in this informative podcast.
Inside Self-Storage (ISS) Contributing Editor Tony Jones speaks with Tamara Fischer, executive vice president and chief financial officer, to learn more about the REIT’s unusual structure of participating regional operators (PROs), the philosophy behind its growth strategy and its long-term goals. Fischer will assume the president’s role on July 1. If you’re a self-storage owner, you don’t want to miss this insight to why NSAT’s corporate structure has allowed it to scale so quickly, where the company sees its biggest opportunities moving forward, and how it views the end game for its PROs.
NSAT is a self-administered and -managed REIT focused on the acquisition, operation and ownership of self-storage properties within the top 100 U.S. Metropolitan Statistical Areas. It ranked as the No. 5 facility owner and as the No. 4 facility-management company in the ISS 2017 Top-Operators Lists.
To access additional installments in the "Sounds of Storage" series, visit the ISS podcasts page.