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.
Small Apartment Storage Ideas: How to Maximize Space and Make It Feel Like Home
Living in a small apartment doesn’t mean settling for cramped or chaotic. With the right systems in place, even limited square footage can feel organized, functional and surprisingly comfortable.
10 Small Bathroom Storage Ideas to Maximize Your Space
Your bathroom is one of the most frequently used areas in your home, which makes it especially prone to clutter. Toiletries build up quickly, towels multiply, and laundry bins can easily overwhelm the room, particularly in a compact layout. If you’re working with limited square footage, the right small bathroom ideas can help you stay organized without sacrificing style.
StorageCafe Now Has a Dedicated Car Storage Directory – Here’s Why That Matters
If you’ve ever searched for car storage and ended up wading through listings for 5×5 climate-controlled units, you know the problem. Most storage search tools are built for boxes, not vehicles – and filtering your way to relevant results takes more effort than it should.
How To Find the Right Storage Unit Fast: A Look at StorageCafe’s Search Experience
Whether you’re in the middle of a move, clearing out a garage, or just starting to shop around, finding the right storage unit doesn’t have to take long. StorageCafe’s search is built to take you from “I need storage near me” to a real decision – with filters, pricing, and direct contact options all in one place. Here’s how it works.
The 10 Largest Home Décor Brands in the U.S.
Home décor is more than a shopping category in America — it’s part of how people shape their everyday lives. From small seasonal updates to full living room makeovers, Americans continue to invest in their homes, and the country’s biggest home décor brands have grown alongside that demand.
2026 Self Storage Supply Report: Florida Leads A Strong National Expansion
Self storage development is stepping down from its boom-era highs and settling into a more deliberate rhythm. Roughly 55.4 million square feet of new space is expected to come online in 2026, closely mirroring 2025 and signaling a market that is no longer sprinting, but still far from standing still.
Interstate Moves Hit 10-Year Low As Affordability Bites: Which States Are Still Gaining Residents?
America’s pandemic-era relocation boom is officially cooling. Interstate migration fell to its lowest level in a decade in 2024, with just 7.15 million Americans moving across state lines — more than 1 million fewer than at the 2022 peak. That’s roughly a 13% drop in just two years.
Second Acts With Roll-Up Doors: The Most Unexpected Self Storage Conversions In The U.S.
You probably don’t expect to stash your holiday decorations in a former armory. Or tuck away old photo albums where moviegoers once lined up for popcorn. But across the country, some of the most unexpected buildings are getting a second act — as self storage facilities.
Garden Tool Storage: 11 Simple Ideas To Get Organized
Garden tools feel effortless to manage when everything has a clear place and a simple routine. These garden tool storage ideas focus on layouts and habits you can use in a shed, garage, or outdoor cabinet — and, when you need extra room, in a storage unit as a seasonal “overflow closet” — so you always know exactly where you can find each tool.