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Security Profile
- Security Type
- Real Estate Investment Trust (REIT)
- CUSIP
- 74460D109
- Market Cap
- Large Cap
- Previous Name
- Storage Equities, Inc.
Business: Public Storage, a member of the S&P 500 and FT Global 500, is a fully integrated, self-administered and self-managed real estate investment trust that primarily acquires, develops, owns and operates self-storage facilities. The Company’s headquarters are located in Glendale, California. The Company has interests in self-storage facilities located in 38 states with facilities located in seven Western European nations operated under the “Shurgard” brand. The Company also owns a 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB) which wholly owns and operates rentable commercial space.
Notes: August 2, 2023, -- the Board of Trustees of Public Storage, a Maryland real estate investment trust (the “Company”), approved articles supplementary (the “Articles Supplementary”) to the Company’s charter to reclassify all of the authorized but unissued preferred shares and equity shares that were previously issued and then redeemed as undesignated preferred shares and equity shares of beneficial interest, $0.01 par value per share. The Articles Supplementary will be filed with the State Department of Assessments and Taxation (the “SDAT”) on August 3, 2023. There has been no increase in the authorized shares of beneficial interest of the Company effected by the Articles Supplementary. The foregoing description of the Articles Supplementary is qualified in its entirety by the full text of the Articles Supplementary, attached as Exhibit 3.1 hereto. The Articles Supplementary will be effective upon filing with the SDAT.
Company Contact
- CEO
- Joseph D. Russell, Jr.
- CFO
- Tom Boyle
- Headquarters
- 701 Western Avenue, Glendale, CA 91201
- Phone
- 818-244-8080 · Toll-Free 800-447-8673
- Fax
- 818-553-2388
- Investor Relations
- Ryan Burke · 818-244-8080 · investor@publicstorage.com