Public Storage Acquires National Storage Affiliates
In Plain English
National Storage Affiliates Trust is involved in a merger arbitrage transaction. This is actively in progress.
Corporate event in progress — monitor for updates
Deal Progress
RUMORED
ANNOUNCED
PENDING
ACTIVE
COMPLETED
Parent Company
National Storage Affiliates Trust
NSA
Real Estate
Announced
Mar 16, 2026
1mo ago
Expected
TBD
Market Cap
Not disclosed
Deal Value
$10.5B
Summary
Public Storage (PSA) to acquire National Storage Affiliates Trust in a $10.5 billion all-stock deal.
Deal Flow Timeline
Key milestones from announcement to expected completion
Deal Announced
2026-03-16
COMPLETEDRegulatory Filing
COMPLETEDRegulatory Approval
COMPLETEDShareholder Vote
COMPLETEDExpected Close
UPCOMINGDeal Announced
COMPLETEDInitial public announcement of the transaction.
2026-03-16
Regulatory Filing
COMPLETEDHSR / antitrust filing submitted to relevant authorities.
Regulatory Approval
COMPLETEDAntitrust clearance received from DOJ/FTC/EU/CFIUS.
Shareholder Vote
COMPLETEDTarget and/or acquirer shareholder approval.
Expected Close
UPCOMINGTransaction expected to close and complete.