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Self storage (a shorthand for "self-service storage") is an industry that rents storage space (such as rooms, lockers, 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.
As major cities run short of living space, self-storage boxes are now becoming a relevant service in many parts of the world. The service is particularly attractive to clients because its pick-up services save time and effort for the inhabitants of metropolitan areas such as Hong Kong, New York City, [8] London, [citation needed] and Berlin, but in particular in the Asian world.
Public Storage is an American international self storage company headquartered in Glendale, California, that is run as a real estate investment trust (REIT). It is the largest brand of self-storage services in the US. [2] In 2008, it was the largest of four publicly traded storage REITs. [3]
Mail storage is a type of on-demand self storage whereby customers send items by mail or delivery service (usually by the box) to be stored at a central location. [1] It may be a viable option for people who prefer 'pay-as-you-go' storage, in which only items that are stored are charged storage fees, rather than renting a larger storage unit that may not be fully utilized.
Simply Self Storage is a privately owned self-storage company in the United States. It has more than 100 operating self-storage facilities with over 8 million square feet of storage space combined. [1] [2]
Self storage, a public storage facility; Storage room or storeroom, a room for storing objects Garage (residential), a storage space normally used to store cars; Overhead storage, for example overhead storage bins, racks, shelves, cabinets or track systems in aircraft, trains or buildings; Warehouse, a commercial building for storage of goods
Bradley Wayne Hughes (September 28, 1933 – August 18, 2021) was an American billionaire businessman, the founder and chairman of Public Storage, [1] the largest self-storage company in the U.S. doing business as a real estate investment trust (REIT). [2] At the time of his death, Hughes had an estimated net worth of US$3.3 billion. [3]
In 1991, the Kennard family, decided to split the business, with Neville Kennard taking the self storage business. [3] [4] At the same time it was renamed Kennards Self Storage. A further 14 storage centres opened in the 1990s including the first in Victoria. [2] In the early the first of 15 wine storage locations opened.