Storage Unit Companies Stock

Public storage is by far the largest player in the self storage reit space.
Storage unit companies stock. Nareit is the worldwide representative voice for reits and publicly traded real estate companies with an interest in u s. You aren t forced to pay for storage. 27 2019 at 8 45 a m. Roughly 70 of self storage customers are residential with the other 30 split.
Storage companies may have some fierce competition with makespace a new private self storage company that picks up customers items stores it and. All three stocks have outperformed the s p 500 over the past year and may see new gains based on energy storage demand. While some may enjoy how other companies include 30 days of storage in your quote we like how u pack doesn t force you to pay for storage you may not need. Real estate and capital markets.
Et by tomi kilgore public storage started at buy with 285 stock price target at stifel nicolaus. U pack doesn t include storage in its moving quotes. Nareit s members are reits and other businesses throughout the world that own operate and finance income producing real estate as well as those firms and individuals who advise study and service those businesses. Public storage stock price target raised to 233 from 215 at suntrust rh aug.
The company first opened its doors in 1972 and now it provides 142 million square feet of storage space to its customers. Investors should consider adding one or more of the companies to a portfolio. Storage units range from small lockers to 10 x 30 foot units and parking spaces for rv s and boats. Roughly one in ten us households rent a self storage unit and annual industry revenue totals nearly 50 billion.
Public storage isn t just on our list of the largest storage companies because it has a global presence it also has a major footprint in the u s with more than 142 million square feet of rentable storage space to put that in perspective that s almost 2 500 football fields worth of storage units. You can always add storage to your quote if you d like but if you don t need the storage time or more than three days to pack up your. One of the. The company built its first self storage facility back in 1972 but today it has almost 2 400 locations in the u s.