To celebrate the project’s completion, the REIT will host a grand opening on March 25.
March 21, 2017: Based in Glendale, California, Public Storage Inc., a self-storage real estate investment trust (REIT), has completed work on its largest self-storage facility and opened the top six floors of the building for business. The facility offers 3,978 units.
Community members are invited to join the celebration to meet neighbors and receive a piece of cake while supplies last, according to a press release. Facility doors are scheduled to open at 8 am, with an official ribbon-cutting ceremony planned for around 10 am.
Public Storage has interests in 2,319 self-storage facilities in 38 states, with approximately 152 million net rentable square feet. Operating under the Shurgard brand name, the company also has 218 facilities in seven European countries, with approximately 12 million net rentable square feet.