The house has plenty of 'storage'. [=the house has plenty of space in its closets, cabinets, etc.]
He kept his belongings 'in storage' [=he stored his belongings] until he found an apartment.
The table folds down 'for storage'. [=when you want to store it; when you are not using it]
(..) - What the hell are you doing? - Hey, don't be mad at me... 'cause you didn't think about going out to Tarzana... to get the old banana suit out of storage. With me. And what's funnier than a guy in- Oh- Hey, wait. Hey. - Okay. - (..)2004 TvShow: Arrested Development Title: Afternoon Delight Season: 2 Episode 6