Public Storage launches Savvy Storage Insurance Program to boost revenues and customer experience

Public Storage launches Savvy Storage Insurance Program to boost revenues and customer experience

Public Storage (NYSE:PSA) has unveiled its new Savvy Storage Insurance Program (“Savvy”), a groundbreaking tenant insurance initiative aimed at empowering property owners to augment ancillary revenues while elevating the customer experience. Administered through PSCC, Inc., a wholly-owned subsidiary of Public Storage, this program builds on the success of Public Storage’s existing Orange Door Storage Insurance […]

Public Storage to acquire rival self-storage company Simply Self Storage

Public Storage to acquire rival self-storage company Simply Self Storage

Public Storage (NYSE:PSA) is set to acquire rival American self-storage company Simply Self Storage from Blackstone Real Estate Income Trust, Inc. (BREIT) in a deal worth $2.2 billion. The portfolio includes 127 wholly-owned properties spanning nine million net rentable square feet, spread across 18 states experiencing population growth double the national average since 2018. High-growth […]