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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.
Under the agreement, PODS would have access to the packing and loading services of UniGroup's United Van Lines and Mayflower Transit businesses, while UniGroup could access 138,000 PODS moving and storage containers. [5] In June 2010, PODS announced the sale of the first franchise in the United Kingdom. [7]
The move represents a ramped-up effort by Public Storage to acquire its smaller competitor, following the rejection of an earlier bid. [29] In April, Life Storage agreed to be acquired by Extra Space Storage for $12.7 billion. [30] The acquisition completed in July and became the largest self-storage space operator by store count in the U.S ...
Extra Space Storage Inc. is a real estate investment trust headquartered in Cottonwood Heights, Utah that invests in self storage facilities. The company rents storage units, including climate controlled units, drive-up units, lockers, boat storage, RV storage and business storage under the brands Extra Space Storage, Life Storage, and Storage ...
The company was formed in 1990 as a division of Public Storage. [4]In 1998, the company was spun-off from its parent. [5]In 2002, the company acquired Metro Park North, a 17-building business park in Rockville, Maryland for $125 million.
U-Haul Holding Company is an American moving truck, trailer, and self-storage rental company, based in Phoenix, Arizona, [1] that has been in operation since 1945. The company was founded by Leonard Shoen and Anna Mary Carty in Ridgefield, Washington, who began it in a garage owned by Carty's family, and expanded it through franchising with gas stations.
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The company operated out of its home office in Columbia, Missouri until it was acquired by Public Storage for $600 million in 1999. [2] [3] StorageMart came to public attention in the early 2000s by using non-traditional buildings to house its storage facilities, including the use of a 10-story mid-rise building in Miami, Florida. This allowed ...