National Storage Affiliates Trust (NYSE: NSA) announced that its common shareholders voted to approve the previously announced acquisition by Public Storage at a special meeting held on July 14, 2026.

Approximately 99.9% of votes cast were in favor of the transaction, representing more than 84% of NSA's outstanding common shares.

NSA said holders of a majority of its operating partnership units had previously approved the transaction, meaning no further equity holder approval is required to complete the deal.

The company expects the transaction to close on or about July 22, 2026, subject to the satisfaction or waiver of remaining customary closing conditions. Final voting results will be filed with the U.S. Securities and Exchange Commission in a Current Report on Form 8-K.

Morgan Stanley & Co. LLC is acting as exclusive financial advisor to NSA, with Clifford Chance US LLP serving as legal advisor. Goldman Sachs & Co. LLC, Wells Fargo, and Eastdil Secured are serving as financial advisors to Public Storage, with Wachtell, Lipton, Rosen & Katz as its legal advisor.

NSA is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on self-storage properties. As of March 31, 2026, the company held interests in 1,061 self-storage properties across 37 states and Puerto Rico, totaling approximately 69.3 million rentable square feet.