Public Storage (NYSE: PSA) is a real estate investment trust (REIT) that specializes in self-storage services. Headquartered in Glendale, California, the company was founded in the early 1970s and has grown through development and acquisitions to become one of the largest owner-operators of self-storage facilities in the United States. It is publicly traded on the New York Stock Exchange under the ticker PSA.
The company’s core business is the ownership, operation and management of self-storage properties that serve both residential and commercial customers. Public Storage offers a range of unit sizes and amenities designed to meet varied storage needs, including drive-up access, climate-controlled units and vehicle storage at many locations. In addition to rental space, the company typically provides ancillary services such as tenant insurance, packing and moving supplies, and online reservation and account management tools to support customer convenience and retention.
Primarily focused on the U.S. market, Public Storage manages a large portfolio of facilities located in metropolitan and suburban areas where demand for flexible storage is high. Its customer base spans individuals storing household goods during life transitions as well as small and medium-sized businesses requiring off-site inventory and document storage. As a REIT, the company’s operating model emphasizes property-level management, occupancy optimization and incremental development or acquisition to drive long-term portfolio value.