Public Storage operates as a real estate investment trust, which engages in acquiring, developing, owning and operating self-storage facilities. The company is headquartered in Glendale, California and currently employs 5,900 full-time employees.  Its principal business activities include the ownership and operation of self-storage facilities that offer storage spaces for lease, generally on a month-to-month basis, for personal and business use, and other related operations, such as tenant reinsurance, merchandise sales, third party management, and bridge lending to third-party self-storage owners, as well as the acquisition and development of additional self-storage space. Its Self-Storage Operations segment includes the aggregated rental operations from the self-storage facilities it owns from same store facilities, acquired facilities, newly developed and expanded facilities, and other non-same store facilities. Its Ancillary Operations segment includes the combined operations of its tenant reinsurance, merchandise sales, and third-party property management operating segments. The company owned interests in over 3,085 self-storage facilities located in 40 states in the United States.

Public Storage beroperasi sebagai dana investasi real estat, yang terlibat dalam akuisisi, pengembangan, kepemilikan, dan pengoperasian fasilitas penyimpanan mandiri. Perusahaan ini berkantor pusat di Glendale, California dan saat ini mempekerjakan 5.900 karyawan tetap. Kegiatan bisnis utamanya meliputi kepemilikan dan pengoperasian fasilitas penyimpanan mandiri yang menawarkan ruang penyimpanan untuk disewa, umumnya dengan basis bulanan, untuk penggunaan pribadi dan bisnis, serta operasi terkait lainnya, seperti reasuransi penyewa, penjualan barang dagangan, manajemen pihak ketiga, dan pinjaman jembatan kepada pemilik penyimpanan mandiri pihak ketiga, serta akuisisi dan pengembangan ruang penyimpanan mandiri tambahan. Segmen Operasi Penyimpanan Mandiri mencakup agregasi operasi sewa dari fasilitas penyimpanan mandiri yang dimiliki dari fasilitas yang sama, fasilitas yang diakuisisi, fasilitas yang baru dikembangkan dan diperluas, serta fasilitas lain yang tidak sama. Segmen Operasi Tambahan mencakup operasi gabungan dari reasuransi penyewa, penjualan barang dagangan, dan segmen manajemen properti pihak ketiga. Perusahaan memiliki kepentingan di lebih dari 3.085 fasilitas penyimpanan mandiri yang terletak di 40 negara bagian di Amerika Serikat.

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