PSA
- Public Storage
()
Overview
Company Summary
Public Storage (PSA) is a prominent self-storage real estate investment trust (REIT) company. Established in 1972, Public Storage is the largest self-storage operator in the United States and one of the largest in the world.
The primary business of Public Storage revolves around acquiring, developing, owning, and managing self-storage facilities. These facilities are designed to provide individuals and businesses with secure and convenient storage space for their belongings and possessions. Public Storage owns and operates thousands of self-storage locations across the United States, catering to a wide range of customers with diverse storage needs.
Customers can rent storage units of various sizes, ranging from small lockers to large rooms, for short or long durations. Public Storage caters to both residential and commercial clients, offering solutions for individuals undergoing moves or renovations, as well as businesses seeking secure storage for excess inventory, equipment, or documents. The company aims to provide customers with flexible and accessible storage options to suit their specific requirements.
Public Storage places emphasis on providing secure and well-maintained facilities. Their storage units are typically equipped with features like electronic gate access, video surveillance, and onsite managers to ensure customers' belongings are protected. The company also offers the convenience of 24-hour access to the rented units, allowing customers to retrieve or store items whenever needed.
Aside from its core self-storage operations, Public Storage also invests in international self-storage ventures, expanding its global footprint. Through strategic acquisitions and joint ventures, the company seeks opportunities to establish and grow self-storage businesses in markets outside the United States.
In summary, Public Storage is a leading self-storage REIT that owns, develops, and manages a vast network of self-storage facilities. The company's aim is to provide secure, convenient, and accessible storage solutions for individuals and businesses, catering to a wide range of customers' needs.