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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.
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Its riverine location facilitates two U.S. Navy bases and the Port of Jacksonville, Florida's third largest seaport. [ 3 ] Interstate Highways 10 and 95 intersect in Jacksonville, creating the busiest intersection in the region with 200,000 vehicles each day. [ 4 ]
Jacksonville’s port is one of the largest commercial cargo ports on the Atlantic Coast. [6] JAXPORT controls docks and wharfs, cranes, a passenger cruise terminal, warehouses, paved open storage areas, and road connections to the public highway system. JPA maintains these facilities and manages their overall use.
The authority, also known as "Jaxport"', is the independent government agency that owns, operates and controls much of Jacksonville’s Seaport System, including (but not limited to) the following: docks and wharfs, cranes, a passenger cruise terminal, warehouses, paved open storage areas, and road connections to the public highway system.
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