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Self-storage facilities rent space on a short-term basis (often month-to-month, though options for longer-term leases are available) to individuals (usually storing household goods; nearly all jurisdictions prohibit the space from being used as a residence) or to businesses (usually storing excess inventory or archived records). [2]
Public Storage grew steadily in the early 2000s [20] and was added to the S&P 500 in 2005. [15] In 2006 it acquired Shurgard Storage Centers in a transaction totaling $5.5 billion, acquiring 624 locations, including 141 in Europe. [21] [22] Public Storage had attempted to acquire the company in 2000 and again in 2005, but its offers were rejected.
The Atchison Storage Facility, commonly known as the Atchison Caves, is a 2.7 million square foot underground storage facility in a former pillar limestone mine 50 to 150 feet (15 to 46 m) below the ground in the Missouri River bluffs at Atchison, Kansas. The bunker complex was a secure U.S. government storage facility from World War II until 2013.
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The origins of Life Storage, formerly known as Sovran Self Storage, can be traced back to 1982, when it was founded as a financial planning firm in Buffalo, New York. Three years later, in 1985, the company entered the self-storage industry by opening its first facility in Florida , eventually accumulating around 30 such facilities along the ...
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