PUBLIC STORAGE (PSA)

Company Profile

Public Storage operates as a real estate investment trust, which engages in acquiring, developing, owning and operating self-storage facilities. The company is headquartered in Glendale, California and currently employs 5,900 full-time employees. Its principal business activities include the ownership and operation of self-storage facilities that offer storage spaces for lease, generally on a month-to-month basis, for personal and business use, ancillary activities, such as tenant reinsurance, merchandise sales, and third-party management, as well as the acquisition and development of additional self-storage space. Its segments include Self-Storage Operations and Ancillary Operations. The Self-Storage Operations segment includes the aggregated rental operations from the self-storage facilities it owns from same store facilities, acquired facilities, developed, and expanded facilities, and other non-same store facilities. The Ancillary Operations segment includes the combined operations of its tenant reinsurance, merchandise sales, and third-party property management operating segments. The company holds interests in and consolidated approximately 2,888 self-storage facilities.

Company Info

PUBLIC STORAGE

701 Western Avenue

Glendale CALIFORNIA 91201

P: 18182448080

CEO: Joseph D. Russell

Employees: 5900

Website: https://www.publicstorage.com/