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]
(..) have gone on with this house. Complete fabrication. Malicious lies spread by jealous competitors. Now you've gotta check out this storage. You're not gonna believe what you can fit in here. And now the media room. Wow, you certainly devoured that ice cream. (..)2006 TvShow: Desperate Housewives Title: Listen to the Rain on the Roof Season: 3 Episode 1