Public Storage

Frisco, United States

Public Storage is the largest self-storage REIT in the United States, operating more than 3,500 facilities across 40 states and encompassing approximately 259 million rentable square feet. Founded in 1972 and long headquartered in Glendale, California, the company announced in February 2026 that it would relocate its corporate headquarters to Frisco, Texas, as part of a broader operational overhaul branded PS4.0. In July 2026, Public Storage closed its all-stock acquisition of National Storage Affiliates Trust, uniting the two largest publicly traded self-storage operators and adding more than 1,000 properties and roughly 550,000 storage units across 37 states and Puerto Rico. The company also holds a 35% equity stake in Shurgard Self Storage Limited, giving it exposure to self-storage operations across seven Western European countries. Public Storage trades on the NYSE under the ticker PSA.