Public Storage

Public Storage is a real estate investment trust that acquires, develops, owns, and manages self-storage properties. The enterprise leases storage spaces on a monthly schedule to individuals and commercial clients. Alongside its core storage rentals, the organization runs related business lines, which include providing tenant reinsurance coverage, offering third-party facility management, and extending bridge financing to other self-storage operators. It also sells packing materials and merchandise such as boxes and locks at its locations.

The firm operates across the United States with locations in forty states, holding interests in 3,171 self-storage facilities and managing hundreds more for external property owners. In Europe, the business maintains an indirect presence through an equity stake in Shurgard Self Storage Limited, which manages hundreds of facilities across seven Western European nations. The text references the company's corporate headquarters, but it does not disclose a specific city or state for the headquarters.

Summary of the business section of Public Storage's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“We have approximately 5,770 employees, including 4,920 customer facing roles (such as property level and customer care center personnel), 410 field management employees, and 440 employees in our corporate operations.”