Global Self Storage is a small, self-administered REIT that owns and operates self storage properties across the U.S. As of year-end 2025, the company owned, operated, or managed 13 stores across 8 states, totaling roughly 967,000 net leasable square feet and 7,044 storage units. Customers rent units on a month-to-month basis for personal or commercial storage needs, with unit types ranging from traditional to climate-controlled, plus covered and outdoor auto, RV, and boat storage. Revenue is driven by two levers: occupancy and rental rates. Global Self Storage uses a proprietary revenue management system to set and adjust rates in real time for both new and existing tenants, and scrapes competitor pricing to stay responsive to local market conditions. The company also prioritizes credit card-paying customers over maximizing raw occupancy, aiming to reduce delinquencies. As a REIT, Global Self Storage distributes substantially all taxable income to shareholders. Beyond its owned portfolio, the company operates a small third-party management platform, currently managing one property in Oklahoma for a fee, which management views as a pipeline for future acquisitions. Global Self Storage targets secondary and tertiary markets in the Midwest, Northeast, and Mid-Atlantic, where it believes self storage supply per capita is lower and zoning restrictions limit new development. The company grows primarily through single-store or small-portfolio acquisitions in these markets.