M&A Deal Summary |
|
|---|---|
| Date | 2006-08-22 |
| Target | Shurgard Storage Centers |
| Sector | Real Estate |
| Buyer(s) | Public Storage |
| Deal Type | Add-on Acquisition |
| Deal Value | 5.5B USD |
| Advisor(s) | Citigroup Investment Banking BofA Securities (Financial) Willkie Farr & Gallagher Perkins Coie LLP (Legal) |
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| Category | Company |
|---|---|
| Founded | 1971 |
| Sector | Real Estate |
| Employees | 5,900 |
| Revenue | 4.2B USD (2022) |
Public Storage is a real estate investment trust. Public Storage acquires, develops, owns, and operates self-storage facilities which offer storage spaces for lease on a month-to-month basis, for personal and business use. Public Storage is the largest owner and operator of self-storage facilities in the United States. Public Storage also offers reinsure policies against losses to goods stored by customers in its self-storage facilities, sells merchandise at its self-storage facilities and manages self-storage facilities owned by third-party owners. Public Storage was founded in 1971 and is based in Glendale, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 7 |
| Sector (Real Estate) | 1 of 7 |
| Type (Add-on Acquisition) | 1 of 5 |
| State (Washington) | 1 of 1 |
| Country (United States) | 1 of 7 |
| Year (2006) | 1 of 1 |
| Size (of disclosed) | 1 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-10-08 |
Morningstar Properties - 43 Sites
United States The properties involved comprise more than 2.9 million square feet in Morningstar Mini-Storage branded sites located in North Carolina, South Carolina, Texas, Virginia and Georgia. |
Buy | $315M |
