Public Storage (NYSE:PSA)

Public Storage is a fully integrated, self-administered and self-managed real estate investment trust, which engages in acquisition, development, ownership and operation of self storage facilities, which offers storage spaces for lease on a month to month basis for personal and business use. The company operates its business through three segments: Domestic Self Storage, European Self Storage and Commercial. The Domestic Self Storage segment includes operations of self-storage facilities under Public Storage brand name in the United States. The European Self Storage segment operates under the Shurgard brand name in the United Kingdom. The Commercial segment comprises of investment in PSB, a self-managed REIT with a separate management team that makes its financing, capital allocation and other significant decisions. Public Storage was founded by Bradley Wayne Hughes, Sr. and Kenneth Q. Volk, Jr. in 1972 and is headquartered in Glendale, CA.