Public Storage Chair Ron Havner received an award as a REIT Visionary at NYU SPS Schack Institute of Real Estate's annual REIT Symposium, held in NYC this week.
Havner has spent the past 25 years building Public Storage—the company's first self-storage outlet was called Private Storage—into a leading self-storage sector REIT.
Public Storage (PSA), based in Glendale, CA, develops, owns and operates more than 2,800 self-storage facilities in the US, encompassing more than 200M SF in 38 states. The REIT also owns 35% of Shurgard Self-Storage SA, a European company it is preparing to spin off. PSA has a market cap estimated at more than $54B.
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