GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today that due to severe weather conditions related to Hurricane Harvey, all properties in the Houston area are temporarily closed for the safety of our customers and employees. These property closures include 115 properties, 8.4 million net rentable square feet and over 77,500 units in the Houston and surrounding areas. As the situation remains ongoing and the full impact of the storm is still unknown, the Company will provide additional information as appropriate.
We plan to re-open impacted locations as quickly as possible and as soon as it is safe. We will keep our customers informed of any updates by email. We have also established a dedicated hotline for those impacted by Hurricane Harvey and any customer who would like to speak to a Public Storage Team Member can call (866) 381-0515.
“Our thoughts go out to all of the communities and people who have been affected by Hurricane Harvey,” said Joseph D. Russell, Jr., President of Public Storage. “We are especially mindful of the safety of our customers and employees. I am extremely grateful for the extraordinary efforts by the Public Storage team members on the ground working to quickly restore service to our customers.”
Company Information
Public Storage, a member of the S&P 500 and FT Global 500, is a fully integrated, self-administered and self-managed real estate investment trust that primarily acquires, develops, owns and operates self-storage facilities. The Company’s headquarters are located in Glendale, California. At June 30, 2017, the Company had interests in 2,358 self-storage facilities located in 38 states with approximately 156 million net rentable square feet in the United States and 220 storage facilities located in seven Western European nations with approximately 12 million net rentable square feet operated under the “Shurgard” brand. The Company also owns a 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB) which owned and operated approximately 28 million rentable square feet of commercial space, primarily flex, multi-tenant office and industrial space, at June 30, 2017.
Additional information about Public Storage is available on the Internet. The Company’s web site is www.publicstorage.com.