M&A Deal Summary

Public Storage Acquires Stor-All Storage 44 Properties

On December 17, 2013, Public Storage acquired real estate company Stor-All Storage 44 Properties from Stor-All Storage for 430M USD

Acquisition Highlights
  • This is Public Storage’s 3rd transaction in the Real Estate sector.
  • This is Public Storage’s 5th largest (disclosed) transaction.
  • This is Public Storage’s 3rd transaction in the United States.

M&A Deal Summary
Date 2013-12-17
Target Stor-All Storage 44 Properties
Sector Real Estate
Buyer(s) Public Storage
Sellers(s) Stor-All Storage
Deal Type Divestiture
Deal Value 430M USD

Target

Stor-All Storage 44 Properties

United States

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Public Storage

Glendale, California, United States
Category Company
Founded 1971
Sector Real Estate
Employees6,200
Revenue 4.5B USD (2023)
DESCRIPTION
Public Storage's corporate headquarters in Glendale, California.
Public Storage's corporate headquarters in Glendale, California.

Public Storage is a real estate investment trust. Public Storage acquires, develops, owns, and operates self-storage facilities which offer storage spaces for lease on a month-to-month basis, for personal and business use. Public Storage also offers reinsure policies against losses to goods stored by customers in its self-storage facilities, sells merchandise at its self-storage facilities and manages self-storage facilities owned by third-party owners. Public Storage was founded in 1971 and is based in Glendale, California.

DEAL STATS #
Overall 3 of 7
Sector (Real Estate) 3 of 7
Type (Divestiture) 2 of 2
Country (United States) 3 of 7
Year (2013) 2 of 2
Size (of disclosed) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-08 Morningstar Properties - 43 Sites

United States

The properties involved comprise more than 2.9 million square feet in Morningstar Mini-Storage branded sites located in North Carolina, South Carolina, Texas, Virginia and Georgia.

Buy $315M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-09 Beyond Self Storage

Riverside, Missouri, United States

Beyond Self Storage is a provider of climate-controlled storage solutions, based in Riverside, Missouri.

Buy -

Seller(S) 1

SELLER

Stor-All Storage

Deerfield Beach, Florida, United States
Category Company
Founded 1967
Sector Real Estate
DESCRIPTION

Stor-All Storage is a self-storage company, providing its customers with clean, friendly, and convenient storage solutions for three generations. Stor-All Storage was formed in 1967 and is based in Deerfield Beach, Florida.

DEAL STATS #
Overall 1 of 1
Sector (Real Estate) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal