Quarterlytics / Real Estate / REIT - Industrial / Public Storage

Public Storage

PSA · NYSE Real Estate
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Ticker PSA
Exchange NYSE
Sector Real Estate
Industry REIT - Industrial
Employees 5001-10,000

Business description

Glendale-based real estate investment trust Public Storage, a prominent member of both the S&P 500 and the FT Global 500, has announced its latest financial updates. As a company that specializes in procuring, developing, owning, and managing self-storage facilities, Public Storage currently boasts an impressive list of assets. As of December 31, 2022, the REIT has acquired interests in a whopping 2,869 self-storage facilities located in 40 states, resulting in roughly 204 million net rentable square feet throughout the United States alone. Additionally, Public Storage holds a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels:SHUR), which has ownership over 266 self-storage establishments located in seven western European countries, all operating under the Shurgard brand, totaling approximately 15 million net rentable square feet.

publicstorage.com
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Company facts
TickerPSA
ExchangeNYSE
Sector Real Estate
Industry REIT - Industrial
Employees5001-10,000