National Storage Affiliates Trust Acquired by Public Storage | Real Estate Services M&A Deal

Public Storage has acquired National Storage Affiliates Trust, a real estate services other business in Texas, for $297.72. National Storage Affiliates Trust operates self-storage facilities and related real estate services, supporting Public Storage acquisitions in the storage market. Public Storage, a public company based in Frisco, Texas, is pursuing real estate services M&A to expand its footprint through merger acquisition activity in TX acquisitions. The announced merger acquisition is filed on SEC Form S-4 and is expected to close after customary conditions are satisfied, with deal terms structured through the public company acquisition process.