If you’re looking for a solid investment opportunity in the real estate sector, look no further than Public Storage. This California-based Real Estate Investment Trust (REIT) operates self-storage facilities and has a vast portfolio across the United States.
With over 3,045 self-storage facilities and 218 million rentable square feet in the U.S., Public Storage is a market leader in the self-storage industry. In addition to its U.S. properties, the company also has a 35% equity stake in Shurgard Europe, which operates 253 facilities with 15 million square feet of rentable space in Western Europe.
While the European storage market has historically underperformed compared to the U.S. market, Public Storage’s diversified portfolio provides stability and growth opportunities for investors. With self-storage properties in 40 states and a focus on both stabilized properties and acquisitions, Public Storage is well-positioned for long-term success in the industry.
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