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Rodger Ian Dudding (born 21 December 1937) [1] is a British business magnate in the self-storage industry. [2] Nicknamed "Mr Lock Up" by customers and "RD" by staff, [3] [2] Dudding owns more than 12,000 garages and as of February 2015 was worth an estimated £162 million, making him "the largest private owner of garages" in the United Kingdom.
More than 90 percent of Public Storage's revenues are from its self-storage operations; it also provides insurance, packing products, and has a 44 percent interest in PS Business Parks. [8] In 1984, PS Reinsurance was formed to sell insurance for a storage unit's contents. [9]
Self storage (a shorthand for "self-service storage") is an industry that rents storage space (such as rooms, lockers, shipping containers, and/or outdoor space), also known as "storage units," to tenants, usually on a short-term basis (often month-to-month). Self-storage tenants include businesses and individuals.
The company completed a merger with Extra Space Storage in July 2023. [2] In addition to its standard rental storage units, the company also offers units with climate control and dehumidification systems. There are also larger units for items like boats, cars, and other large properties. Most facilities offer a variety of amenities and features ...
As of March 28, 2024 the company owned and/or operated 3,714 locations in 43 states, and Washington, D.C. comprising approximately 2.6 million units 283.4 million square feet of net rentable space. [2] It is the largest owner of self storage units in the United States [3] and the largest self storage property manager. [4] [5]
CubeSmart is a real estate investment trust that invests in self storage facilities in the United States. As of December 31, 2022, it owned 611 self storage properties in 24 states and the District of Columbia containing 44.1 million rentable square feet. [1] It is the 3rd largest self storage company in the United States.