Public Storage announced on November 1 its acquisition of 56 facilities from All Storage for $1.5 billion, accounting for 7.5 million net rentable square feet. 52 of them are in Dallas-Fort Worth, Texas. Public Storage is the largest self storage brand in the US — and the world — and this deal follows hot on the heels of Simply Self Storage’s recent acquisition of storage facilities in Houston and Dallas.
With this purchase, Public Storage increased its Dallas Metro portfolio to 15.5M square feet of rentable storage in 172 locations. Three of the other properties are in Oklahoma City while a fourth is in Killeen, Texas. Many of these properties were built recently, a significant factor contributing to their value. Overall, they had a 75% occupancy rate during the third quarter of 2021, offering tempting growth potential.
“The acquisition is a direct reflection of how the team at Public Storage is committed to driving growth through our four-factor platform, which includes acquisitions, development, redevelopment, and third-party management,” said Joe Russell, Public Storage Chief Executive Officer.
Since the start of 2019, Public Storage spent $6.3B on these factors, growing by 22% and adding approximately 36M square feet of rentable storage to its portfolio. Even in the difficult year of 2020, the company reportedly purchased 46 storage properties amounting to roughly 4.7M square feet — more than any other company bought — spending a total amount of $460M, the second highest sum that year.
According to the latest Yardi Matrix data, Dallas residents have a generous 9.8 square feet of storage per person and the average street rate for a non-climate-controlled storage units in Dallas is $102. The prices for this size unit increased 10% year-over-year for both standard and climate-controlled versions, somewhat more than in the nation’s large coastal cities. This growth pattern fits the company’s aim, stated by Joe Russell, to acquire and develop properties in desirable markets.
Nationally, Public Storage owns 186M net rentable square feet of space in 39 states.
Living Room Storage Ideas: 28 Ways to Reclaim Your Hosting Space
If a living room is where most of a household’s living happens, good storage should be the top priority for setting up or revamping the place. After all, think of how easier it would be to have people over when tidying up the place is just a matter of putting things in their right place (in a time when fewer and fewer people are entertaining friends at home(opens in new tab)). The trick is making room for all those wayward clothes, blankets, chargers and other small things that end up on (or, inexplicably, in) the sofa. Here are 28 living room storage ideas to get you started and make tidying up a quick affair.
25 Mudroom Storage Ideas (And Mistakes to Avoid)
When you come home with muddy boots, an armful of bags and a coat you can’t wait to take off, it’s nice to have somewhere to put it all. With a mudroom, you can leave the outdoor mess at the door instead of carrying it through the house. Traditionally, you’d set aside a separate room, but you can just as easily use a hallway, an entryway closet, a laundry-room corner or a stretch of wall near the entrance.
Is Your Home Office Worth the Rent? What Coworking and Self Storage Could Save You
Every square foot of your apartment comes with a price tag, and a home office claims more of them than most renters expect. It starts with a desk. Then come the second monitor, the printer, the filing cabinet and the overflow boxes. Before long, the corner you set aside for work has turned into a small room you are paying for every month.
Best U.S. Cities to Live Uncluttered: Plano, TX, Offers the Most Room to Breathe
Clutter is in our homes as much as in our heads. Both are shaped by where we live.
America’s Top Snowbird Destinations for 2026–2027: Florida Leads in Numbers, Texas Wins on Value
For Americans living in colder states, the approach of winter is reason enough to start looking south. Cold weather carries costs that go beyond the heating bill and shoveling snow. Seasonal affective disorder(opens in new tab) is far more prevalent in northern states, so a temporary move south isn’t simply an escape from the cold, but a chance to spend the hardest stretch of winter outdoors and in the sun.
How Much Does Halloween Really Cost in 2026? Plan Wisely to Avoid the Scare of Hidden Costs
Americans’ love for Halloween is almost frightening — this year alone, we are on our way to spending $13.5 billion, according to data from the National Retail Federation(opens in new tab). That breaks down to about $115 Halloween costs per person, a whopping 49% more than 10 years ago.
How to Store LEGOs: All the Fun, None of the Clutter
How to store LEGOs largely comes down to how your household uses them. If the bricks are part of everyday play, you need a setup that keeps them within easy reach and makes cleanup quick (for your feet’s sake, at least). Toy storage(opens in new tab) such as simple bins, playmats or containers that children can put away themselves may be enough. Larger or more serious collections usually need more organization, such as labelled drawers for loose pieces, trays for unfinished builds, shelves for completed models and separate storage for retired sets.
Cardboard Costume Guide: Tips and Ideas for a DIY Halloween
Whether for kids or adults, cardboard costume ideas often make the biggest splash once materialized, and that’s for a simple reason: doing a lot with a little is a universally impressive feat (especially in this economy). If you don’t have enough boxes you could temporarily repurpose, don’t worry! There are many places where you can find free moving boxes(opens in new tab), from stores and supermarkets to online groups and recycling drop-off spots. On the run? Try your luck at a self storage(opens in new tab) facility that sells moving supplies, often for cheap. This way, you can choose moving boxes of different shapes and sizes(opens in new tab), so you can make your costumes as complex as you want.
How to Celebrate Halloween: 9 Non-Spooky Ways To Enjoy It
As soon as October starts, it’s the official Halloween month. And while for many people it means it’s open season to get the scare of a lifetime, others, especially families with small children, might prefer to celebrate in a tamer way that’s both kid- and adult-friendly. While you’re likely to find more events where the spook factor is high, here’s how to celebrate Halloween in a not-so-scary way: