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Self storage (a shorthand for "self-service storage") is an industry that rents storage space (such as rooms, lockers, shipping 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.
It is the largest brand of self-storage services in the US. [2] In 2008, it was the largest of four publicly traded storage REITs. [3] There are more than 2,200 Public Storage self-storage locations in the US, Canada and Europe. It also owns 42 percent of an office parks subsidiary, sells packing supplies, and provides other services.
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The latter develops and manages industrial parks, incubators, and mini storage facilities throughout Southern California. [3] Abernethy served as vice president, Secretary, and Treasurer of the National Self Storage Service Association from 1978 to 1986. [3] He also served on Public Storage’s Board of Directors from 1980 to 2007. [4]
As major cities run short of living space, self-storage boxes are now becoming a relevant service in many parts of the world. The service is particularly attractive to clients because its pick-up services save time and effort for the inhabitants of metropolitan areas such as Hong Kong, New York City, [8] London, [citation needed] and Berlin, but in particular in the Asian world.
Self storage, a public storage facility; Storage room or storeroom, a room for storing objects Garage (residential), a storage space normally used to store cars; Overhead storage, for example overhead storage bins, racks, shelves, cabinets or track systems in aircraft, trains or buildings; Warehouse, a commercial building for storage of goods
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 ...
A further 14 storage centres opened in the 1990s including the first in Victoria. [2] Sam Kennard was appointed CEO in 1994, taking over from Neville. In the early 2000’s the first of 20 wine storage locations opened. In 2004, 24 self storage properties were added in the $220M acquisition of Millers Self Storage.