How Private Equity Is Buying Up Self-Storage Facilities

The Buyout Show with Fexingo: Private Equity, Roll-Ups, and Business Acquisitions · Jul 10, 2026 · 11m · transcript

In this episode, Lucas and Luna examine the private equity wave sweeping self-storage. They focus on two numbers: the 58,000 facilities in the U.S. today and the $42 billion that operators spent on acquisitions in 2025. They trace how a fragmented mom-and-pop industry has become a target for roll-ups, breaking down the unit economics of a typical facility — occupancy rates around 90 percent, monthly rents averaging $170, and margins above 40 percent. They discuss the major consolidators, like Extra Space Storage and Public Storage, and the smaller PE-backed players such as StorageMart. The…