Public Storage Acquires All Storage Portfolio In Fort Worth, Dallas, Oklahoma City & Killeen, TX For $1.5B

The All Storage Portfolio, a self storage asset located in Fort Worth, Dallas, Oklahoma City, and Killeen, TX, has been sold for a staggering price of $1,500,000,000. Spanning over 15,500,000 square feet, this expansive property was acquired by Public Storage, represented by Joe Russell. The deal was facilitated by CBRE Group Inc., acting as the broker.

Summary of transaction details:

• Property Type: Self Storage
• Transaction Amount: $1,500,000,000
• Address: All Storage Portfolio
• Market: Fort Worth, Dallas, Oklahoma City & Killeen, TX

Public Storage's acquisition of the All Storage Portfolio not only signifies a significant investment in the self storage market but also showcases their confidence in the potential of these locations. With a price per square foot of $96, this strategic purchase positions Public Storage as a major player in the self storage industry. The involvement of Joe Russell, representing Public Storage, and the services of CBRE Group Inc. as the broker, underscore the complexity and importance of this high-value transaction.