Public Storage

# Public Storage

A real estate investment trust that owns and operates self-storage facilities across the United States and Western Europe. The company acquires, develops, and manages storage properties that serve both residential and commercial customers seeking short- and long-term storage solutions.

As of December 31, 2025, the company directly owned and operated 3,533 self-storage facilities located across 40 U.S. states, encompassing approximately 258 million net rentable square feet. The company also maintains a 35% equity interest in Shurgard Self Storage Limited, a publicly traded entity on Euronext Brussels that operates 332 facilities in seven Western European countries under the Shurgard brand, representing an additional 18 million net rentable square feet. Revenue is generated through monthly rental payments from self-storage unit tenants.

The company operates with approximately 5,770 full-time employees and maintains headquarters in Frisco, Texas. As an S&P 500 constituent, Public Storage is one of the largest self-storage operators by both facility count and rentable square footage in its markets.