- Business
- Public Storage, an esteemed member of both the S&P 500 and FT Global 500, functions as a real estate investment trust primarily engaged in the acquisition, development, ownership, and operation of self-storage properties. As of late 2025, the company maintained interests in and/or operated approximately 3,399 self-storage facilities across 40 states within the United States, encompassing an estimated 247 million net rentable square feet. Beyond its significant domestic footprint, Public Storage also holds an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR), a prominent self-storage operator in Europe, which manages 335 facilities totaling around 18.3 million net rentable square feet across seven Western European nations. The company strategically expands its portfolio through ongoing acquisitions, exemplified by its recent purchase of Simply Self Storage in September 2023, adding 127 properties with 9 million rentable square feet. Its corporate headquarters are situated in Glendale, California.