Public Storage (0KS3.L) LSE

Currency In USD

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Public Storage

Address

2811 Internet Blvd

Frisco, TX 75034

United States of America (the)

Phone

818-244-8080

Sector

Real Estate

Industry

REIT - Industrial

Employees

5770

First IPO Date

January 29, 2018

Key Executives

NameTitlePayYear Born
H. Thomas BoyleCEO & Trustee2.04M1984
Marc F. OursinChief Executive Officer of Shurgard Self Storage Limited01962
Nathaniel A. VitanSenior Vice President, Chief Legal Officer & Corporate Secretary864,0001974
Natalia N. JohnsonPresident and Chief Digital & Transformation Officer1.5M1978
Christopher C. SambarPresident & COO1.81M1975
Joseph D. Russell Jr.Consultant3.02M1960
Peter G. PanosPresident of Third Party Management0N/A
Steven H. LentinExecutive Vice President of Operations0N/A
Ayash BasuChief Revenue & Marketing Officer0N/A
Terrance F. SpidellSenior VP & Corporate Controller01969
Gwendolyn MontgomeryChief Human Resources Officer01972
Nicholas J. KangasExecutive Vice President of Finance & Accounting0N/A
Brandon Tyler ReaganDirector of Investor Relations0N/A
Kenneth Q. Volk Jr.Co-Founder01972
Joseph D. FisherPresident & CFO01980
Michael BraineChief Technology Officer0N/A
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Description

As a prominent Real Estate Investment Trust (REIT) included in both the S&P 500 and FT Global 500 indices, Public Storage's core business involves the acquisition, development, ownership, and management of self-storage properties. As of September 30, 2020, its extensive portfolio encompassed 2,504 self-storage locations spanning 38 U.S. states, offering roughly 171 million net rentable square feet. Furthermore, the company held an approximate 35% common equity stake in Shurgard Self Storage SA (Euronext Brussels:SHUR). This European affiliate oversaw 239 "Shurgard" branded self-storage facilities across seven Western European countries, accounting for approximately 13 million net rentable square feet. Public Storage also maintained an approximately 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB), which, by the same date, owned and managed about 28 million rentable square feet of commercial real estate. The corporate headquarters are situated in Glendale, California.

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