Public Storage

Public Storage is a real estate investment trust (REIT) primarily engaged in the acquisition, development, ownership, and operation of self-storage facilities. Founded in 1972, the company has grown to become the largest brand of self-storage services in the United States. Its mission encompasses fostering a diverse and inclusive environment for its employees while providing convenient, secure, and affordable self-storage solutions to its customers. As of April 1, 2026, the company's corporate headquarters are located in Frisco, Texas, following a relocation from Glendale, California.

The company offers a comprehensive range of storage solutions, including various unit sizes, climate-controlled options, and vehicle storage for personal, business, and recreational needs. Beyond unit rentals, Public Storage diversifies its offerings with tenant insurance services, packing supplies, and truck rentals. It serves a broad customer base, including residential clients undergoing life transitions such as moving or downsizing, and commercial clients like small businesses, e-commerce sellers, and contractors utilizing units for inventory and equipment storage.

Public Storage maintains a leading market position as the largest self-storage operator in the U.S., holding a significant share of the nation's total inventory. The company is a member of the S&P 500 and, as of March 31, 2026, owned and/or operated 3,546 self-storage facilities across 40 states in the U.S., alongside a 35% equity interest in Shurgard Self Storage Limited in Europe. Recent strategic moves include the acquisition of Simply Self Storage in September 2023 and the announced $10.5 billion acquisition of National Storage Affiliates in April 2026. Leadership transitioned on April 1, 2026, with Tom Boyle assuming the role of Chief Executive Officer.