{"id":14065,"date":"2026-03-16T12:45:08","date_gmt":"2026-03-16T16:45:08","guid":{"rendered":"https:\/\/iamovers.org\/?post_type=news&#038;p=14065"},"modified":"2026-03-17T09:16:01","modified_gmt":"2026-03-17T13:16:01","slug":"public-storage-to-acquire-national-storage","status":"publish","type":"news","link":"https:\/\/iamovers.org\/news\/public-storage-to-acquire-national-storage\/","title":{"rendered":"Public Storage to Acquire National Storage"},"content":{"rendered":"\n<p><em>Ongoing consolidation in the household goods industry continues as Public Storage has agreed to acquire National Storage Affiliates in a $5.63 billion all-stock deal, creating a self-storage company with a combined market capitalization of about $57 billion.<\/em><\/p>\n\n\n\n<p>The Wall Street Journal reported that the deal will add more than 1,000 properties, 69 million rentable square feet, and 550,000 self-storage units, including in the high-growth Sun Belt region that spans roughly from Virginia and Florida to California. The deal is valued at $10.5 billion including debt.<\/p>\n\n\n\n<p>The companies said they expect to achieve annual run-rate synergies of $110 million to $130 million within three to four years from revenue improvement, operating efficiencies, tenant reinsurance uplift, and general and administrative savings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ongoing consolidation in the household goods industry continues as Public Storage has agreed to acquire National Storage Affiliates in a $5.63 billion all-stock deal, creating a self-storage company with a combined market capitalization of about $57 billion. The Wall Street Journal reported that the deal will add more than 1,000 properties, 69 million rentable square [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_piecal_is_event":false,"_piecal_start_date":"","_piecal_end_date":"","_piecal_is_allday":false,"footnotes":""},"news-category":[31],"class_list":["post-14065","news","type-news","status-publish","hentry","news-category-industry-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/iamovers.org\/wp-json\/wp\/v2\/news\/14065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iamovers.org\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/iamovers.org\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/iamovers.org\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/iamovers.org\/wp-json\/wp\/v2\/comments?post=14065"}],"version-history":[{"count":2,"href":"https:\/\/iamovers.org\/wp-json\/wp\/v2\/news\/14065\/revisions"}],"predecessor-version":[{"id":14075,"href":"https:\/\/iamovers.org\/wp-json\/wp\/v2\/news\/14065\/revisions\/14075"}],"wp:attachment":[{"href":"https:\/\/iamovers.org\/wp-json\/wp\/v2\/media?parent=14065"}],"wp:term":[{"taxonomy":"news-category","embeddable":true,"href":"https:\/\/iamovers.org\/wp-json\/wp\/v2\/news-category?post=14065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}