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10 Federal Storage Continues Growth with Three New Acquisitions

10 Federal

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10 Federal

Sep 10, 2026, 07:00 ET

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AZLE, Texas, Sept. 10, 2026 /PRNewswire/ -- 10 Federal Storage acquired three self-storage facilities in Azle and Springtown, Texas, on Aug. 19, expanding the company's footprint along the northwest edge of the Dallas-Fort Worth metroplex.

Azle and Springtown sit in one of the fastest-growing corridors in Texas. Springtown's population has grown 70% since the 2020 census, and surrounding Parker County expanded 47% between 2015 and 2025, according to Census Bureau estimates.

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11400 Farm to Market Rd 730 N, Azle, TX 76020
11400 Farm to Market Rd 730 N, Azle, TX 76020

"Expanding our footprint in this high-growth area is a great opportunity for 10 Federal," said Ian Levin, vice president of investments at 10 Federal Storage. "This acquisition strengthens our portfolio and allows us to bring our automated storage solutions to rapidly expanding communities."

The acquisition adds 1,311 units and 263,030 square feet of rentable space to 10 Federal's portfolio, bringing the company's total number of managed properties to 135 across 16 states.

The properties are located at 1050 W. Highway 199 in Springtown; 11400 FM 730 N., 114 E. Reno Road and 1250 Sandy Beach Road in Azle.

About 10 Federal
10 Federal is a leading innovator in the self-storage industry, managing 135 properties across 16 states. As one of the largest owners and operators of fully automated self-storage facilities in the country, the company harnesses advanced technology, artificial intelligence, and data analytics to deliver superior risk-adjusted returns. Recognized as an Inc. 5000 Fastest Growing Company in America, an Inside Self-Storage (ISS) Top 100 Operator, a Top Performing Real Estate Fund by Preqin, and a Top Fundraiser by Juniper Square, 10 Federal has built an automated management platform that redefines operational efficiency in the modern self-storage industry. For more information, visit www.10fed.com.

For more information, please contact Ian Levin at [email protected] 

Sources
U.S. Census Bureau QuickFacts, Springtown city, Texas: https://www.census.gov/quickfacts/fact/table/springtowncitytexas/SBO010223
USAFacts, Parker County, Texas population: https://usafacts.org/answers/is-the-population-growing-or-shrinking/county/parker-county-tx/

SOURCE 10 Federal

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