Public Storage
5,001–10,000 employees 11 principals
Last updated
About Public Storage
Public Storage is a real estate operator. Public Storage operates in Atlanta, Georgia, Austin, Texas and Charlotte, North Carolina. Its investment focus is on Self-Storage.
Public Storage, founded in 1972 and headquartered in Glendale, California, is the world's largest owner, operator, and developer of self-storage facilities. As of December 31, 2023, the company owned or had an interest in over 3,300 facilities across 40 U.S. states, encompassing approximately 218 million net rentable square feet of storage space . Operating as a real estate investment trust (REIT), Public Storage focuses on acquiring, developing, and managing self-storage properties. The company also engages in converting existing industrial or big-box retail spaces ranging from 40,000 to 150,000 gross square feet into self-storage facilities . In 2023, Public Storage expanded its portfolio by acquiring Simply Self Storage, adding 127 facilities totaling 9.4 million net rentable square feet, for $2.2 billion . The company also opened 11 newly developed facilities and various expansion projects, contributing an additional 1.7 million net rentable square feet at a cost of $362.9 million .
Principals at Public Storage
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11 principals on file
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Recent activity at Public Storage
8 recent signals from the real estate trade press · latest
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Fund closes, leadership changes, partnerships, and new development — captured from the real estate trade press the day they happen.
Public Storage's project portfolio
3 projects on file · Self Storage (3)
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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.
Markets and themes
Markets Public Storage operates in
- Atlanta, Georgia
- Austin, Texas
- Charlotte, North Carolina
- Chicago, Illinois
- Dallas, Texas
- Denver, Colorado
- Houston, Texas
- Indianapolis, Indiana
- Las Vegas, Nevada
- Los Angeles, California (LA)
- Louisville, Kentucky
- Miami - Ft. Lauderdale - West Palm Beach - South Florida
- Orlando, Florida
- Phoenix, Arizona
- Portland, Oregon
- Sacramento, California
- San Antonio, Texas
- San Jose, California
- Seattle, Washington
- Tampa - St. Petersburg, Florida
- Virginia Beach - Norfolk - Hampton Roads, Virginia
Investment themes at Public Storage
Capabilities
- Asset Management
- Construction Management
- Data-driven
- Private Equity
- Site Development
- Sustainability
- Technology-forward
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Frequently asked questions about Public Storage
- What does Public Storage do?
- Public Storage, founded in 1972 and headquartered in Glendale, California, is the world's largest owner, operator, and developer of self-storage facilities.
- What markets does Public Storage operate in?
- Public Storage is active in Atlanta, Georgia, Austin, Texas, Charlotte, North Carolina, Chicago, Illinois, Dallas, Texas, and Denver, Colorado.
- How many employees does Public Storage have?
- Public Storage has 5,001–10,000 employees.