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A Public Storage facility in Los Angeles Public Storage in Ontario. Public Storage is the largest self-storage brand in the US. [2] As of 2022, there were 2,836 Public Storage locations in the United States. [23] There are 193 locations in Europe; European locations are operated by Shurgard Europe, which Public Storage owns 49 percent of.
By 2002, around 600,000 square feet were in use, and the facility employed around 40 people. [3] In 2012, the US Defense Logistics Agency (DLA) award a contract for $563,711 to the Marengo warehouse for storage. [5] As of 2013, twelve separate warehouse have been constructed in the quarry, totaling more than 1.3 million square feet.
In 2016, an investment fund sponsored by Brookfield Corporation acquired Simply Self Storage, an owner/operator of 90 self-storage facilities in the U.S. totaling 6.8 million square feet, for $829 million. [58] It was sold to funds managed by The Blackstone Group in 2020 for $1.2 billion. [59]
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Self storage (a shorthand for "self-service storage") is an industry that rents storage space (such as rooms, lockers, containers, and/or outdoor space), also known as "storage units," to tenants, usually on a short-term basis (often month-to-month). Self-storage tenants include businesses and individuals.
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