NexPoint Storage Partners Acquires 29 SAFStor Self‑Storage Properties

Public Storage to Acquire National Storage Affiliates (NSA)

March 16, 2026

Real Estate

Public Storage (PSA) agreed to acquire National Storage Affiliates Trust (NSA) in an all-stock transaction valued at approximately $10.5 billion enterprise value. The deal offers an exchange ratio of 0.14 PSA shares (or partnership units) for each NSA share/unit and is expected to close in the third quarter of 2026, subject to approvals and customary conditions.

StorageVault Acquires Four Self-Storage Facilities for $60.8M

September 29, 2025

Real Estate

StorageVault Canada Inc. completed the acquisition of four additional self-storage facilities from four vendor groups for an aggregate purchase price of $60.8 million, funded with cash on hand and mortgage financing. One previously announced $2.6 million acquisition was not completed and was replaced by a $9.0 million asset, bringing StorageVault's year-to-date completed transactions to $132.6 million.

U-Haul Acquires Former Extra Space Storage Facility in Minneapolis

November 18, 2024

Real Estate

U-Haul acquired the former Extra Space Storage facility at 1717 W. River Road N. in Minneapolis and opened it as U-Haul Moving & Storage at West River Road. The two-story, 975-unit self-storage property became operational under U-Haul management on Nov. 19, and the company plans to hire up to eight team members to staff the location.

Extra Space Storage Acquires Storage Express for $590M

September 16, 2022

Real Estate

Extra Space Storage (NYSE: EXR) completed the acquisition of multiple entities doing business as Storage Express—adding 107 remote-managed self-storage properties across Indiana, Ohio, Illinois and Kentucky—for approximately $590.0 million. The deal also included the purchase of the E-Tracker operating software platform and adds 14 future development sites; Storage Express founder Jefferson Shreve was appointed to Extra Space's board following the transaction.

SpareBox Storage Acquires Four Self-Storage Properties in Austin, TX and Rogers, AR

October 26, 2021

Real Estate

SpareBox Storage acquired four stabilized self-storage properties from multiple sellers, adding approximately 700,000 net rentable square feet to its portfolio and establishing a new presence in Austin, Texas while expanding in Northwest Arkansas. SpareBox, a Denver-based national self-storage platform sponsored by Rizk Ventures, continues its strategy of consolidating stabilized assets in secondary and suburban markets.

Public Storage Acquires ezStorage for $1.8 Billion

April 13, 2021

Real Estate

Public Storage (NYSE: PSA) acquired ezStorage’s 48-property self-storage portfolio for $1.8 billion, adding approximately 4.2 million net rentable square feet across Washington, D.C., Virginia and Maryland. The transaction expands Public Storage’s Mid‑Atlantic coverage and was funded with unsecured debt; the company indicated the deal would be immediately accretive to FFO with an anticipated closing in May 2021.