How self-storage became a $22 billion business

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Public Storage has almost 2,500 locations across the U.S. and is the world's largest operator and owner of self-storage facilities.

historically comes from what industry insiders refer to as the four D's: death, divorce, displacement and disaster.Public Storage

. Public Storage is the world's largest owner and operator of self-storage facilities, with nearly 2,500 locations across the U.S. In November, the company reported fiscal third-quarter revenue for same store facilities fell 2.7% from a year earlier. That drop was due mainly to lower rents and reduced late charges.

Despite headwinds due to Covid, Public Storage CEO Joseph Russell told analysts in November that a robust housing market, employeesWill self-storage companies like Public Storage and

 

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