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Public Storage Welcomes 74,000 Simply Self Storage Customers into Our Orange Doors
Sep 13, 2023 / Liset Marquez
At Public Storage, we’re thrilled to announce the addition of 152 locations across 18 states to our portfolio of properties. This exciting expansion is part of our commitment to serving more customers and meeting the growing demands for storage solutions.
What sets us apart is our dedication to providing exceptional customer service. We take great pride in being known for providing the best service in the industry. Our team is passionate about what they do, and we can’t wait to welcome more customers behind our iconic Orange Doors.
This expansion places us in markets with population growth double the national average since 2018. With more than half of the properties are in high-growth markets such as Texas and Florida, we are strategically positioned to meet the storage needs of these thriving communities
“We hold our heads high, knowing we provide the best customer service in the industry, and we look forward to placing more customers behind the Orange Doors,” said Tracy Schanzle, Vice President who oversees markets in Texas.
We are pleased to share that today, Public Storage closed on the acquisition of 152 self-storage properties from Simply Self Storage, one of our competitors. The portfolio includes 127 wholly-owned properties and 9 million net rentable square feet, as well as 25 properties integrated into our PS Advantage® third-party management platform. This acquisition marks one of the largest expansions for the company, growing to 6,000 team members in more than 3,000 locations.
“Our multi-growth platform positions us as the leader within the self-storage industry, propelling continued growth and strengthening our brand,” said Joseph Russell, Public Storage CEO, in a memo to team members.
Public Storage Ready to Serve More Customers
Since 2019, the company has grown its portfolio by 33% through acquisitions, development and redevelopment.
We are excited to welcome our new team members, previously employed by Simply Storage, to the Public Storage family. We believe that growth creates opportunities for personal and career development, and we are confident that the team will thrive.
Our acquisition will not only increase our presence in the Chicagoland area, but has made Public Storage the market leader once again in Indianapolis, shared Nick Giordano, Senior District Manager.
Giordano is thrilled to hear the news we had acquired Simply Self Storage to help provide more storage solutions for our customers.
“The location of these properties complement these markets very well,” he added. “They are positioned in unique areas that will provide our customers with even more options to suit their needs. We are also very excited to have five properties in the new booming remote market of Lafayette, Indiana.”
Customers new to Public Storage can take advantage of our highly popular app to open their gate, make a payment and manage your account.
As we continue to grow, we are excited to serve more customers and become your trusted storage solution experts. Welcome to the Public Storage family!