National Storage Affiliates Trust Added to S&P MidCap 400 Index

Rhea-AI Summary

National Storage Affiliates Trust (NSA) announced its inclusion in the S&P MidCap 400 Index, effective May 14, 2021. This upgrade from the SmallCap 600 Index highlights the company’s significant growth in recent years. CEO Tamara Fischer expressed enthusiasm for the recognition and reaffirmed the company’s commitment to delivering robust growth for stakeholders. As of March 31, 2021, NSA owned and operated 844 self-storage properties across 36 states and Puerto Rico, totaling approximately 53.5 million rentable square feet.

Positive

• Inclusion in the S&P MidCap 400 Index reflects significant growth and improved market perception.
• Ownership of 844 self-storage properties enhances market position and potential revenue.

Negative

• None.

National Storage Affiliates Trust (“NSA” or the “Company”) (NYSE: NSA) today announced that the Company will be added to the S&P MidCap 400 Index effective prior to the open of trading on Friday, May 14, 2021.

Tamara Fischer, President and Chief Executive Officer, commented, “We are pleased to have National Storage Affiliates gain inclusion on the S&P MidCap 400 Index. The move to the MidCap 400 index from the SmallCap 600 index acknowledges the exceptional growth NSA has realized over the past few years. We look forward to continuing to deliver robust growth for all of our stakeholders.”

Upcoming Industry Conference

NSA management is scheduled to participate in Nareit’s REITweek 2021 Virtual Investor Conference, June 8 – 10, 2021.

About National Storage Affiliates Trust

National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self storage properties located within the top 100 metropolitan statistical areas throughout the United States. As of March 31, 2021, the Company held ownership interests in and operated 844 self storage properties located in 36 states and Puerto Rico with approximately 53.5 million rentable square feet. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States. For more information, please visit the Company’s website at www.nationalstorageaffiliates.com. NSA is included in the MSCI US REIT Index (RMS/RMZ), the Russell 2000 Index of Companies and the S&P MidCap 400 Index.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210511006168/en/

FAQ

When will NSA be added to the S&P MidCap 400 Index?

NSA will be added to the S&P MidCap 400 Index effective prior to the open of trading on May 14, 2021.

What does the inclusion in the S&P MidCap 400 Index mean for NSA?

The inclusion acknowledges NSA's exceptional growth and enhances its market visibility and credibility.

How many self-storage properties does NSA operate?

As of March 31, 2021, NSA operates 844 self-storage properties across 36 states and Puerto Rico.

What is the size of NSA's rentable space?

NSA has approximately 53.5 million rentable square feet across its properties.

Who is the CEO of National Storage Affiliates Trust?

The CEO of National Storage Affiliates Trust is Tamara Fischer.