Public Storage completes acquisition of National Storage Affiliates Trust

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Public Storage Announces Closing of National Storage Affiliates Acquisition

July 22, 2026 9:15 AM EDT

Industry-leading PS Next operating model will deliver significant value creation across a broader combined portfolio in key growth markets

Completes significant milestone for PS4.0 strategic vision, demonstrating commitment to accretive capital deployment and shareholder value creation

FRISCO, Texas--(BUSINESS WIRE)-- Public Storage (NYSE: PSA, the Company), the leading owner and operator of self-storage facilities, today announced that it has completed the acquisition of National Storage Affiliates Trust (NSA). The transaction enhances Public Storages leadership as a premier global self-storage platform, with over 4,500 properties spanning 327 million rentable square feet across the United States,... More