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March 17, 2026

A $10.5B deal would create a self-storage giant in the U.S.

  • Self-storage company Public Storage is buying National Storage Affiliates.
    • By MICHELLE CHAPMAN
    AP Business Writer

    AP Photo/Ric Francis, File [enlarge]
    Public Storage said it wants to expand its presence in areas like the Sun Belt and other regions that are likely to grow in population.

    A proposed megadeal in the self-storage business would create a $57 billion company overseeing square footage, if it were combined in a single location, of a small city such as Cupertino, California, or Chapel Hill, North Carolina.


     
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