QuadReal Property Group Acquires Self Stor Ontario Self-Storage Assets From Cowie Capital Partners

Public Storage Completes Acquisition of Public Storage Canada

September 1, 2026

Real Estate

Public Storage completed its acquisition of Public Storage Canada (PS Canada) for approximately US$1.2 billion, gaining direct ownership of 68 self-storage properties totaling 5.3 million square feet across Toronto, Vancouver, Montreal, Calgary, and Ottawa. Closing consideration included approximately US$900 million in Public Storage operating partnership units and US$310 million in cash, with additional earn-out units possible subject to NOI targets.

Public Storage Agrees to Acquire Public Storage Canada

June 22, 2026

Real Estate

Public Storage agreed to acquire Public Storage Canada (PS Canada), a 68-property self-storage platform with 5.3 million square feet across major Canadian markets, for approximately US$1.2 billion. The deal was negotiated with Tamara Hughes Gustavson and her family under existing right-of-first-offer and right-of-first-refusal rights; it was expected to close in the second half of 2026, subject to customary conditions.

StorageMart Acquires 15 New York City Self-Storage Facilities from Carlyle Group

January 29, 2026

Real Estate

StorageMart has acquired a 15-property self-storage portfolio in New York City from the Carlyle Group in a transaction valued at about $1 billion. The portfolio comprises roughly 1.3 million square feet, 25,498 storage units and 121 parking spaces; StorageMart said the deal reinforces its long-term commitment to New York City and expands its local footprint.

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.

Inland Real Estate Group to Acquire Majority Interest in Devon Self Storage

January 8, 2024

Real Estate

Inland Real Estate Group of Companies, Inc. announced an agreement to purchase a majority interest in Devon Self Storage Holdings (US) LLC, a privately owned national self-storage operator. The deal is intended to provide additional capital and infrastructure to support Devon’s growth plans, including expansion of its third-party management and development platform.

EQT Private Equity Makes Majority Investment in Storable

December 16, 2020

Software

EQT Private Equity has made a majority investment in Storable, a leading software and technology provider for the self-storage industry; Cove Hill Partners and management will retain a minority stake. The investment will support Storable’s scaling through product innovation and commercial expansion; Storable is headquartered in Austin, Texas and has ~440 employees.