Public Storage

Company PSA

Last mentioned: Mar 16, 2026

Stories mentioning Public Storage 2

real-estate Neutral

Public Storage to Acquire National Storage in $10.5 Billion All-Stock Deal

Public Storage has entered a definitive agreement to acquire National Storage Affiliates Trust for $10.5 billion, creating a self-storage titan with a $77 billion enterprise value. The all-stock transaction adds over 1,000 properties to Public Storage's portfolio as the industry enters a period of post-pandemic consolidation.

2 sources
other Neutral

Public Storage to Acquire National Storage in $10.5B All-Stock Deal

Public Storage has reached a definitive agreement to acquire National Storage Affiliates Trust for $10.5 billion, a move that adds over 1,000 properties to its portfolio. The transaction creates a self-storage powerhouse with a combined enterprise value of $77 billion, signaling a major consolidation phase in the post-pandemic real estate market.

2 sources