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Storage REIT roll-up National Storage prices IPO at $13, below the range

April 23, 2015
NSA

National Storage Affiliates Trust, a REIT focused on consolidating regional self-storage businesses, raised $260 million by offering 20 million shares at $13, below the range of $15 to $17. National Storage Affiliates Trust will list on the NYSE under the symbol NSA. Jefferies & Co., Morgan Stanley and Wells Fargo Securities acted as joint bookrunners on the deal.