Public Storage will celebrate its 50th anniversary by ringing the NYSE opening bell | Company

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GLENDALE, Calif.–(BUSINESS WIRE)–Sept. 28, 2022–

Public Storage (NYSE: PSA) today announced that CEO Joe Russell, along with executives from across the company, will celebrate its 50th anniversary by ringing the New York Stock Exchange opening bell at 9:30 a.m. (EDT). 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 1 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 nationwide. 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 unrivaled real estate portfolio, industry-leading digital and in-person customer experience, and using our growth-oriented balance sheet to grow through acquisition, development, redevelopment and management by third parties.

“We are honored to celebrate our 50th anniversary by ringing the NYSE opening bell,” said Joe Russell. “On behalf of current and former management, I would like to thank the Public Storage team for their invaluable contributions and our growing 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 stream from Public Storage ringing the NYSE opening bell will be available beginning at 9:29 a.m. (EDT) at www.nyse.com/bell.

Company information

Public Storage, a member of the S&P 500 and the FT Global 500, is a REIT that acquires, develops, owns and operates primarily self-storage facilities. As of June 30, 2022, we owned: (i) interests in 2,807 self-storage facilities located in 39 states representing approximately 200 million net leasable square feet in the United States and (ii) a 35% ordinary interest in Shurgard Self-Storage SA (Euronext Brussels: SHUR), which owned 256 self-storage facilities located in seven Western European countries with approximately 14 million net leasable 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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CONTACT: Ryan Burke

(818) 244-8080, ext. 1141

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

SECTOR KEYWORD: COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & REAL ESTATE SCI

SOURCE: Public Storage

Copyright BusinessWire 2022.

PUBLISHED: 09/28/2022 16:05 / DISK: 09/28/2022 16:05

http://www.businesswire.com/news/home/20220928005967/en

Copyright BusinessWire 2022.

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