We are a premier owner and operator of self-storage facilities in the United States and Canada. We are internally managed and have built a fully integrated, technology-driven platform that acquires, owns and operates institutional quality properties located primarily within top metropolitan statistical areas, or MSAs, throughout the United States and the Greater Toronto Area, or GTA, in Canada. According to the Inside Self Storage Top-Operators List for 2021, we are the eleventh largest owner and operator of self-storage properties in the United States based on number of properties, units and rentable square footage. Our pro forma portfolio consists of 159 owned properties across 19 states and the GTA, comprising approximately 108,200 units and 12.3 million net rentable square feet.

Upon completion of this offering, we will be the only U.S. listed self storage REIT with meaningful asset ownership in Canada or the GTA, one of the fastest growing and undersupplied markets in North America. Supported by strong demographic trends, we believe the GTA presents a compelling market opportunity, highlighted by low supply per capita, increasing product utilization, high barriers to entry and limited institutional competition.