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Largest US storage REIT buying Canadian counterpart

Public Storage deal for Public Storage Canada brings a 68-property portfolio spanning the country
This self-storage facility at 914 Dupont St. in Toronto is one of 68 to be taken over in the US$1.2 billion transaction. (CoStar)
This self-storage facility at 914 Dupont St. in Toronto is one of 68 to be taken over in the US$1.2 billion transaction. (CoStar)
CoStar News
June 23, 2026 | 6:48 P.M.

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U.S. self-storage giant Public Storage is making a major acquisition to enter Canada, striking a billion-dollar deal for one of that country’s largest self-storage providers that would give it immediate size in major urban markets.

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