trending Market Intelligence /marketintelligence/en/news-insights/trending/OKk1Sla9IhYxtQZqOV3Cqg2 content esgSubNav
In This List

National Storage Affiliates JV closes $630M iStorage portfolio buy

Blog

Gauging Supply Chain Risk In Volatile Times

Blog

The Future of Risk Management Digitization in Credit Risk Management

Blog

Climate Credit Analytics: Diving into the model

Video

How to use ESG Heat Maps in Credit Risk Analysis


National Storage Affiliates JV closes $630M iStorage portfolio buy

A National Storage Affiliates Trust joint venture wrapped up its roughly $630 million purchase of the iStorage portfolio, and the company finalized its acquisition of the iStorage property management platform in a separate transaction.

The company formed the joint venture with a state pension fund to acquire the portfolio, which comprises 66 properties spanning about 4.5 million rentable square feet across 12 states. The properties contain more than 35,000 storage units.

The iStorage platform, meanwhile, includes the iStorage brand, a property management company and a captive insurance company.