National Storage Affiliates’s footprint as of Feb. 2018

GREENWOOD, COLO–National Storage Affiliates Trust and an affiliate of Heitman Capital Management have formed a 25%-75% joint venture in order to acquire a portfolio company of a private real estate fund managed by Brookfield Asset Management for approximately $1.325 billion.

The company, called Simply Self Storage is based in Orlando, Fla., and its portfolio consists of 112 self storage properties configured into 68,000 storage units and located across 17 states and Puerto Rico.


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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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