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As an REIT, Public Storage is not subject to federal income tax because it distributes 90% of its taxable income to shareholders.
Public Storage is a real estate investment trust, or REIT, which means that it is a company that owns income-producing real estate.
Some other examples of REITs are hotels, warehouses, hospitals, and shopping centers.
Public Storage 701 Western Avenue Glendale, CA 91201-2349 Phone Number: (818) 244-8080Fax Number: (818) 244-9530Website: Email Public Storage CEO: Ronald L. Public Storage acquires, develops, owns, and operates self-storage facilities in the United States and Europe.
Weidmann Public Storage was founded on August 14, 1972 and built its first self-storage facility the same year.
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