Company: NSA-PB
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001628280-25-008656
Chunk: 49

Company: National Storage Affiliates Trust
Filing Date: 2025-02-27
Form: 10-K
Item: Item 2
Chunk 49
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 %Utah1 313 46,500 0.1 %84.8 %Total/Weighted Average815 409,125 52,174,035 100.0 %84.2 %(1)  Six of the California properties and one of the Louisiana properties are subject to non-cancelable leasehold interest agreements that are classified as operating leases. See "Note 13. Leases" in Item 8. "Financial Statements and Supplementary Data."

27

The following table sets forth summary information regarding our unconsolidated real estate venture properties by state as of December 31, 2024.

Number of Number ofRentable% of Rentable Period-endStatePropertiesUnitsSquare FeetSquare FeetOccupancyTexas27 17,103 2,111,858 11.7 %85.7 %Florida27 15,036 1,716,384 9.5 %87.5 %Ohio26 13,932 1,740,234 9.7 %84.6 %Michigan25 15,940 2,018,798 11.2 %88.3 %Georgia22 11,580 1,587,237 8.8 %82.9 %Oklahoma19 7,111 1,129,728 6.3 %75.6 %New Jersey15 10,750 1,249,879 6.9 %87.7 %Tennessee15 7,698 960,241 5.3 %85.6 %Alabama14 5,787 849,664 4.7 %82.8 %California12 6,647 779,034 4.3 %85.7 %Other(1)57 31,783 3,865,397 21.6 %85.1 %Total259 143,367 18,008,454 100.0 %85.1 %

(1)Other states in the unconsolidated real estate ventures include Arizona, Delaware, Illinois, Indiana, Kansas, Massachusetts, Minnesota, Mississippi, Missouri, Nevada, New York, Pennsylvania, Rhode Island and Virginia.

Our portfolio consists of self storage properties that are designed to offer customers convenient, affordable, and secure storage units. Generally, our properties are in highly visible locations clustered in states or markets with