Public Storage

# Public Storage

A self-storage real estate investment trust, Public Storage owns and operates self-storage facilities across the United States and maintains a significant international presence through a substantial equity stake in a European competitor. The company's core business involves acquiring, developing, owning, and operating self-storage properties that it leases to individual and commercial customers on a month-to-month or longer-term basis.

As of December 31, 2025, the company operated 3,533 self-storage facilities in 40 U.S. states, representing approximately 258 million net rentable square feet. The company also holds a 35% common equity interest in Shurgard Self Storage Limited, a publicly listed entity on Euronext Brussels, which operates 332 self-storage facilities across seven Western European countries with approximately 18 million net rentable square feet under the Shurgard brand.

Public Storage maintains headquarters in Frisco, Texas and employs 5,770 full-time staff members. The company is a constituent of the S&P 500 and is incorporated in Maryland with shares listed on the New York Stock Exchange.