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About the company
Public Storage is a real estate investment trust (REIT). The Company's principal business activities include the ownership and operation of self-storage facilities and other related operations, including tenant reinsurance and third-party self-storage management. The Company's 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 loss reinsurance, merchandise sales, and third-party property management operating segments. It holds interests in and consolidated approximately 2,787 self-storage facilities (an aggregate of about 198 million net rentable square feet of space). Its subsidiaries include PS LPT Properties Investors and PS California Holdings, Inc.
- Revenue in USD (TTM)3.62bn
- Net income in USD1.81bn
- LocationPublic Storage701 Western AveGLENDALE 91201-2349United StatesUSA
- Phone+1 (818) 244-8080
- Fax+1 (818) 244-9530
Mergers & acquisitions
|Acquired company||Deal status||Date||Date /|
|PSA:NYQ since |
|All Storage Inc||Deal completed||01 Nov 2021||01 Nov 2021Deal completed||-5.80%||1.51bn|