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Public Storage Canada history
Public Storage Canada company history timeline
In 1972, Public Storage founders Wayne Hughes and Ken Volk started something which would change the landscape of how personal belongings are handled.
The first Public Storage location opened in El Cajon, California in 1972 with a fiesta complete with mariachis and bright orange doors to attract the attention of potential customers driving by on the nearby highway.
What began in 1972 as a partnership is now a publicly-traded S&P 500 business and an employer of more than 5,000, thanks to the spark of an idea and the forethought of two guys who liked working together.
Triggering Growth Through First Real Estate Limited Partnership in 1977
The fastest growth year in the industry is generally considered to be 1978.
In 1979, there were 3,500 miniwarehouses in operation in the United States.
They took this same concept north of the border and in 1979, Public Storage Canada opened its first location in Brampton, Ontario, and has not stopped since.
By 1985, the rate went up to 60 cents per square foot per month.
1986: PS Business Parks is organized as a division.
By 1995, Hughes's self-storage empire was organized into 17 REITs, including 21.3 percent of Storage Equities, Inc., the largest portion that was publicly traded.
1998: Storage Trust Realty is acquired.
In February 2000, Public Storage began investing heavily in Shurgard Storage Centers, the third largest self-storage operator, spending roughly $50 million to become the company's largest shareholder by early April.
© 2022 Centron Self Storage Inc.
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Zippia gives an in-depth look into the details of Public Storage Canada, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Public Storage Canada. The employee data is based on information from people who have self-reported their past or current employments at Public Storage Canada. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Public Storage Canada. The data presented on this page does not represent the view of Public Storage Canada and its employees or that of Zippia.
Public Storage Canada may also be known as or be related to Public Storage - Canada and Public Storage Canada.