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Public Storage · Glendale, CA United States · (NYSE: PSA)

Company Description

701 Western Ave.
Glendale, CA
91201
United States (Map)
Phone: 818-244-8080
Fax: 818-553-2388
Rankings
  • S&P 500
More Companies in: Glendale, California
More Companies in These Related Industries: Self-StorageResidential Rental Property
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This is one company that can tell its customers to stuff it and know they won't be offended. Public Storage, a real estate investment trust (REIT), is one of the largest self-storage companies in the US, with interests in more than 2,100 storage facilities comprising some 135 million sq. ft. of storage space in nearly 40 states and Europe (about 20% of its facilities are in California). The firm's self-storage properties, located in densely populated areas, generate some 90% of the company's sales. Public Storage also rents trucks and portable self-storage units, and sells locks, boxes, and packing supplies. It owns about 45% of publicly traded PS Business Parks, an office building REIT. To read the full description, subscribe now.
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Key Public Storage Financials

Company TypePublic - NYSE: PSA

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$1,745.6
2008 Employees5,200

Public Storage Executives

29 executives listed for Public Storage's Glendale, CA location.
TitleName & BioContact
ChairmanB.Wayne HughesEmail
Vice Chairman, President, and CEO; Chairman, President, and CEO, PS Business ParksRonald HavnerEmail
SVP and COOMark GoodEmail

Competition

Competitive Landscape for Public Storage
Home sales, residential rental turnover, and corporate relocations drive demand for moving and storage services. The profitability of individual companies depends on good marketing, as services are largely the same. Large companies have economies of scale in marketing and in being able to consolidate loads on long hauls. Small companies can compete with large ones by specializing in local markets and by offering competitive prices and better service for local moves. The industry is labor-intensive: average annual revenue per employee is about $125,000. To read the full description, subscribe now.
Top Public Storage Competitors
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