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  September 5, 2001
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Home > Company Index > Real Estate > REIT - Industrial > Public Storage, Inc.

Public Storage, Inc.
NYSE: PSA
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 PROFILE
Multimillionaire Wayne Hughes made his cash caching your stash. Public Storage, the real estate investment trust (REIT) headed by Hughes, is one of the largest self-storage companies in the US, with interests in more than 1,300 storage facilities in almost 40 states. The firm's self-storage properties, located in densely populated portions of larger cities, generate about 90% of the company's sales. Public Storage owns about 24% of publicly traded firm PS Business Parks, which rents commercial and industrial storage space. The firm also rents and transports portable self-storage units; its stores rent trucks and sell related moving items. Hughes and his family own approximately 30% of the company.

 COMPETITION
AMERCO (UHAL)
Shurgard Storage Centers, Inc. (SHU)
Storage USA, Inc. (SUS)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 757.30
1-Yr. Sales Growth: 11.9%
Employees: 4,600
Revenue per employee: $164,630.43

 KEY PEOPLE
• B. Wayne Hughes
    CEO
• John Reyes
    CFO

 CONTACT INFO
701 Western Ave., Ste. 200
Glendale, CA 91201
US
Phone: 818-244-8080
Fax: 818-553-2388
Online: Web Site

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