274.97000 USD
1.26
0.46%
Last update Dec 12, 3:59 PM EST
Pre-market
Day range
273.29999
277.39111
Previous close
273.70999
Open
275.62000
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Public Storage Common Stock
274.97
1.26
0.46%

Overview

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Description

Public Storage Common Stock represents ownership in Public Storage, a prominent real estate investment trust (REIT) specializing in the acquisition, development, ownership, and operation of self-storage facilities. As a key player in the self-storage industry, Public Storage offers storage solutions that cater to both individual and business customers, providing space for personal belongings, business inventory, vehicles, and more. The company has established itself as a leader in this sector, contributing significantly to the real estate market by managing a diversified portfolio of properties. Its business model focuses on generating income through rental fees while maintaining strategic growth via property development and acquisitions. Public Storage’s common stock is characterized by its role in providing investors with exposure to the self-storage real estate market, combining real asset backing with recurring revenue streams from diverse customer segments.

About

CEO
Mr. Joseph D. Russell Jr.
Employees
5900
Address
701 Western Avenue
2nd Floor
Glendale, 91201-2349, CA
United States
Phone
818 244 8080
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Industrial
Country
United States
MIC code
XNYS
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