Public Storage (), a real estate investment trust (REIT), is one of the largest self-storage companies in the United States with headquarters in Glendale, CA, with interests in more than 1,400 storage facilities in more than 35 states. The firm's self-storage properties, located in densely populated areas, generate some 97% of the company's sales. The company was founded in 1972 by Bradley Wayne Hughes.
Public Storage owns about 45% of publicly traded firm PS Business Parks, which rents commercial and industrial storage space. The REIT sells insurance to tenants; its stores rent trucks and sell packing and related moving items.
Shurgard Storage Centers, Inc. was publicly traded on the New York Stock Exchange from 1994 to August 2006, when it was bought by Public Storage for $5.5B.
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