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At year-end 2019, there were 47,539 self-storage facilities in the United States on industrial and commercial land parcels. There is more than 1.9 billion square feet of available self-storage in space in U.S. The six largest publicly traded storage operators (four REITs, and U-Haul) own or operate approximately 18% of self-storage facilities. [7]
PODS was founded in 1998 by Peter Warhurst who was looking to expand his family's storage business. He invented PODS containers, as well as a hydraulic lift system that enables operators to easily deliver and transport the units, which he named PODZILLA.
[28] The company's rental contract says it is not responsible for the storage unit's contents, even if damage is caused by defects in the unit, [28] [30] and The Wall Street Journal reported that there were "surprisingly few remedies" for theft or property damage at self-storage facilities. [28] Many Public Storage customers have filed ...
The company completed a merger with Extra Space Storage in July 2023. [2] In addition to its standard rental storage units, the company also offers units with climate control and dehumidification systems. There are also larger units for items like boats, cars, and other large properties. Most facilities offer a variety of amenities and features ...
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SRO units are rented out as permanent residence and/or primary residence [2] to individuals, within a multi-tenant building where tenants share a kitchen, toilets or bathrooms. SRO units range from 7 to 13 square metres (80 to 140 sq ft). [3] [1] In some instances, contemporary units may have a small refrigerator, microwave, or sink. [1]
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