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Public Storage, Inc. 1997 Annual Report
Public Storage, Inc. and The System
Number of Properties Net Rentable Square Feet Number of Spaces
Location Self-Storage
(1)
Commercial
(2)
Self-Storage
(1)
Commercial
(2)
Self-Storage
(1)
Commercial
(2)
Alabama 15 – 569,000 – 5,213 –
Arizona 10 4 672,000 370,000 5,571 116
Arkansas – 1 – 90,000 – 171
California 278 31 16,615,000 3,974,000 166,000 1,390
Colorado 37 – 2,329,000 – 19,623 –
Connecticut 13 – 710,000 – 6,683 –
Delaware 4 – 229,000 – 2,532 –
Florida 98 – 5,705,000 – 56,987 –
Georgia 36 – 1,957,000 – 17,509 –
Hawaii 4 – 197,000 – 3,043 –
Illinois 65 – 4,074,000 – 41,621 –
Indiana 14 – 799,000 – 6,763 –
Kansas 15 1 881,000 62,000 6,549 40
Kentucky 4 – 213,000 – 1,755 –
Louisiana 7 – 476,000 – 4,932 –
Maryland 32 3 1,802,000 419,000 18,742 75
Massachusetts 10 – 580,000 – 5,876 –
Michigan 12 – 694,000 – 6,078 –
Minnesota 6 – 341,000 – 3,138 –
Missouri 18 – 954,000 – 8,629 –
Nebraska 1 – 46,000 – 390 –
Nevada 22 – 1,409,000 – 13,351 –
New Hampshire 2 – 123,000 – 1,041 –
New Jersey 35 – 2,018,000 – 18,915 –
New York 29 – 1,692,000 – 19,000 –
North Carolina 10 – 569,000 – 4,610 –
Ohio 27 – 1,650,000 – 13,936 –
Oklahoma 8 2 430,000 144,000 3,582 298
Oregon 25 2 1,171,000 102,000 11,413 64
Pennsylvania 18 – 1,224,000 – 12,339 –
Rhode Island 2 – 64,000 – 689 –
South Carolina 2 – 81,000 – 736 –
Tennessee 10 2 647,000 136,000 5,210 58
Texas 122 8 8,029,000 843,000 70,399 380
Utah 6 – 358,000 – 2,825 –
Virginia 33 8 2,040,000 712,000 18,714 398
Washington 36 1 2,226,000 28,000 22,526 23
Wisconsin 7 – 450,000 – 3,718 –
Totals 1,073 63 64,024,000 6,880,000 610,638 3,013
(1)
Self-storage and properties combining self-storage and commercial space.
(2)
Primarily business parks.
Public Storage, Inc. 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 properties are located in 38 states. At December 31, 1997, the
Company owned interests in 1,136 properties, of which 1,073 were self-storage facilities or facilities that combined both self-storage
and commercial space for rent and 63 were commercial properties.
The Public Storage System is a national infrastructure operated by thousands of people. The system is designed to respond effi-
ciently to the needs of its 550,000 customers. The system also encompasses subsidiaries operating portable self-storage, truck rentals
and retail stores.