Real Estate · REIT - Industrial
Public Storage
Largest U.S. self-storage REIT owning and operating storage facilities
Understand Public Storage →What Public Storage does
Public Storage owns and runs thousands of self-storage facilities across the U.S., where people and businesses rent storage units to keep their belongings. It has 3,584 facilities in 40 states and also owns a 35% stake in Shurgard, a self-storage operator in Western Europe.
How Public Storage makes money
It earns rental income by leasing self-storage units to individuals and businesses at its owned and operated facilities, and it grows by acquiring and developing new facilities. It also receives its share of earnings from its 35% equity stake in Shurgard.
Products & services
- Public Storage self-storage facilities
- Self-storage unit rentals
- Self-storage facility acquisition and development
- 35% equity stake in Shurgard Self Storage (Euronext Brussels: SHUR)
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