Public Self Storage Reits

There are more than 2 200 public storage self storage locations in the us canada and europe.

Public self storage reits.

Self storage reits own and manage storage facilities and collect rent from customers. Risks of investing in self storage reits. It is the largest brand of self storage services in the us. Public storage is a california based reit and member of the s p 500.

Public storage public storage. Public storage is by far the largest player in the self storage reit space. Public storage a member of the s p 500 and ft global 500 is a fully integrated self administered and self managed reit that primarily acquires develops owns and operates self storage facilities. This is the largest self storage company and it acquires develops owns and operates self storage facilities.

Self storage reits rent space to both individuals and businesses. In fact leading self storage reit public storage says it can break even with occupancy just over 30 of its rentable space. As of market close on 9 21 2020. The company built its first self storage facility back in 1972 but today it has almost 2 400 locations in the u s.

Public storage currently has a consensus rating of hold but if demand for self storage reits continues to climb it may be well suited for a buy and hold strategy for the long term. The reit s stable balance sheet moderate leverage ratio at less than 41 and plans for expansion put them high on the list for top self storage reits to invest in. In 2008 it was the largest of four publicly traded storage reits.