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Public Storage is the largest brand of self-storage services in the US, founded in 1972 by B. Wayne Hughes and Kenneth Volk Jr. It is a real estate investment trust (REIT) that owns and operates over 2,200 locations in the US, Canada and Europe.
B. Wayne Hughes (1933-2021) was an American billionaire businessman, founder of Public Storage, and a major donor to USC and horse racing. He owned Spendthrift Farm, where his horse Authentic won the 2020 Kentucky Derby and Breeders' Cup Classic.
Public Storage operates storage facilities across the United States and Europe as a member of the S&P 500 and FT Global 500. [4] At present (2016), he is a member of the Board of Trustees of Public Storage, alongside his sister Tamara Gustavson. [5] In 2005, Hughes Jr. founded American Commercial Equities.
Cloud storage is a model of data storage in which data is stored remotely and accessible over a network. Learn about the history, architecture, types and advantages of cloud storage, as well as the potential concerns and challenges.
Life Storage is a real estate investment trust that invests in self-storage units in the U.S. It was founded in 1982 as Sovran Self Storage and renamed in 2016 after acquiring Life Storage LP. In 2023, it merged with Extra Space Storage to become the largest self-storage operator by store count.
Self storage is an industry that rents storage space to tenants, usually on a short-term basis. Learn about the origins, features, and sizes of self-storage units, and how they differ from mailstorage or on-demand storage.
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