Public Storage

Overview

Public Storage is a real estate investment trust (REIT) that primarily acquires, develops, owns, and operates self-storage facilities. As of September 30, 2025, the company owned and/or operated 3,491 self-storage facilities across 40 states in the United States, encompassing approximately 254 million net rentable square feet. Additionally, Public Storage holds a 35% common equity interest in Shurgard Self Storage Limited, which owns 323 self-storage facilities in seven Western European countries, totaling about 18 million net rentable square feet. The company's investment strategy focuses on the self-storage sector, targeting both the acquisition and development of properties to expand its portfolio. Public Storage operates in various stages of investment, including buyouts and growth investments, aiming to enhance its market presence and operational efficiency. With a significant footprint in the self-storage industry, Public Storage has established itself as a major player in the real estate sector, continually seeking opportunities to grow and optimize its portfolio through strategic investments and developments.

Investment Focus

• Preference for properties in urban and suburban areas
• Focus on facilities with high occupancy rates

Portfolio Companies