Public Storage to Celebrate its 50th Anniversary by Ringing the NYSE Opening Bell
September 28 2022 - 4:05PM
Business Wire
Public Storage (NYSE:PSA) announced today that Chief Executive
Officer Joe Russell, together with leaders from across the company,
will celebrate its 50th Anniversary by ringing the New York Stock
Exchange Opening Bell at 9:30 a.m. (EDT) on Friday, September 30,
2022.
Public Storage is the world’s leading owner, acquirer,
developer, and operator of self-storage properties. In 1972, two
friends and entrepreneurs, Wayne Hughes and Ken Volk, founded the
company with our first Generation One development facility in El
Cajon, California, and fostered a culture of leadership,
innovation, and growth that continues to drive Public Storage
today.
Five decades later, Public Storage owns or manages more than
2,900 properties and is building new state-of-the-art Generation
Five facilities nationally. We have over 5,000 team members serving
approximately 1.7 million customers and have the most recognized
brand in the self-storage industry. We are focused on enhancing our
unmatched property portfolio, leading the industry’s digital and
in-person customer experience, and utilizing our growth-oriented
balance sheet to expand through acquisition, development,
redevelopment, and third-party management.
“We are honored to celebrate our 50th Anniversary by ringing the
NYSE Opening Bell,” said Joe Russell. “On behalf of the current and
prior management, I want to thank the Public Storage team for their
invaluable contributions and our expanding customer base for their
continued confidence in us. As we reflect on the successes of our
past and present, I am very optimistic and excited about our
future.”
A live feed of Public Storage ringing the NYSE Opening Bell will
be available starting at 9:29 a.m. (EDT) at www.nyse.com/bell.
Company Information
Public Storage, a member of the S&P 500 and FT Global 500,
is a REIT that primarily acquires, develops, owns, and operates
self-storage facilities. At June 30, 2022, we had: (i) interests in
2,807 self-storage facilities located in 39 states with
approximately 200 million net rentable square feet in the United
States and (ii) a 35% common equity interest in Shurgard
Self-Storage SA (Euronext Brussels:SHUR), which owned 256
self-storage facilities located in seven Western European nations
with approximately 14 million net rentable square feet operated
under the Shurgard® brand. Our headquarters are located in
Glendale, California.
Additional information about Public Storage is available on the
Company’s website at PublicStorage.com.
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Ryan Burke (818) 244-8080, Ext. 1141
Public Storage (NYSE:PSA)
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