Published on
March 21, 2026
Public Storage Acquires National Storage for $10.5B
Weekly Deal Dispatch: M&A news, acquisitions, and bankruptcy filings including Domino's and The Lycra Company.
Public Storage has made a significant move in the self-storage industry by acquiring National Storage Affiliates in a deal valued at $10.5 billion. The acquisition marks one of the largest transactions in the sector, reflecting ongoing consolidation and strong investor confidence in this market.
The transaction expands Public Storage's reach and strengthens its position as a leader in self-storage solutions. National Storage Affiliates has built a notable presence in the industry, and this acquisition further solidifies Public Storage's competitive edge.
While details surrounding the merger's impact on operations or customers have not been disclosed, the deal underscores the value of strong assets in the self-storage market. The acquisition is a notable development in the landscape of real estate investments and storage services.
This latest move is part of a broader trend of major acquisitions across various industries, with companies seeking to bolster their portfolios and expand their market share through strategic partnerships and purchases. Public Storage's acquisition of National Storage Affiliates is a key example of this strategy in action.
Stay tuned for more updates on how this deal unfolds and what it means for the self-storage sector moving forward.
