The self-storage industry is a unique asset class. The industry has strong historical performance as well as low costs to develop, maintain, and operate and is known for being resilient during challenging economic times. This makes self-storage real estate investment trusts (REITs) in particular a good fit for a retirement portfolio.
But not all self-storage REITs provide the same security or stable returns. Let’s see how National Storage Affiliates Trust (NYSE: NSA) stacks up and whether it’s a good fit for a retirement portfolio.
Power of PRO
National Storage Affiliates Trust invests in, owns, and manages 784 self-storage facilities across 35 states in the U.S. and Puerto Rico with 49 million square feet under management, making it the sixth-largest owner and operator of self-storage facilities among public and private companies in the U.S.
A large part of the company’s success and continued growth has been operating with Participating Regional Operators