10 Federal Storage Acquires Three Self-Storage Facilities in Texas
On August 19, 2026, 10 Federal Storage acquired three self-storage facilities located in Azle and Springtown, Texas. These acquisitions expand the company's presence along the northwest edge of the Dallas-Fort Worth metroplex, a region experiencing rapid population growth. The properties add 1,311 units and approximately 263,030 square feet of rentable space to 10 Federal’s portfolio, increasing its total number of managed facilities to 135 across 16 states. Ian Levin, vice president of investments at the company, emphasized that these acquisitions align with their strategy to expand in high-growth areas and offer automated storage solutions. The Springtown area has seen a population increase of 70% since the 2020 census, while Parker County grew by nearly 47% between 2015 and 2025. This growth supports strong demand for self-storage services in these locations.
