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PUBLIC STORAGE, INC.
SCHEDULE III - REAL ESTATE
AND ACCUMULATED DEPRECIATION
Adjustments
Resulting from
Initial Cost Costs the Acquisition Gross Carrying Amount
Date Encum- Buildings & Subsequent of Minority At December 31, 2003 Accumulated
Acquired Description brances Land Improvements to Acquisition Interest Land Building Total Depreciation
F-51
1/21/94 Herndon/CentrevilleRoad - 1,584,000 2,981,000 488,000 - 1,359,000 3,694,000 5,053,000 1,339,000
2/8/94 LasVegas/S.MartinLutherKingBlvd. - 1,383,000 2,592,000 1,077,000 - 1,437,000 3,615,000 5,052,000 1,500,000
2/28/94 Arlingtn/OldJeffersnDavishwy - 735,000 1,399,000 313,000 - 630,000 1,817,000 2,447,000 805,000
3/8/94 Beaverton/SwBarnesRoad - 942,000 1,810,000 201,000 - 807,000 2,146,000 2,953,000 957,000
3/21/94 Austin/Arboretum - 473,000 897,000 2,775,000 - 1,555,000 2,590,000 4,145,000 810,000
3/25/94 EastBrunswick/MilltownRoad - 1,282,000 2,411,000 365,000 - 1,099,000 2,959,000 4,058,000 1,271,000
3/25/94 Mercerville/QuakerbridgeRoad - 1,109,000 2,111,000 276,000 - 950,000 2,546,000 3,496,000 1,118,000
3/25/94 TintonFalls/ShrewsburyAve - 1,074,000 2,033,000 236,000 - 921,000 2,422,000 3,343,000 1,062,000
3/31/94 Hypoluxo - 735,000 1,404,000 1,913,000 - 630,000 3,422,000 4,052,000 2,440,000
4/26/94 No.Highlands/RosevilleRoad - 980,000 1,835,000 367,000 - 840,000 2,342,000 3,182,000 1,033,000
5/12/94 FortPierce/OkeechobeeRoad - 438,000 842,000 298,000 - 375,000 1,203,000 1,578,000 578,000
5/24/94 Hempstead/PeninsulaBlvd. - 2,053,000 3,832,000 309,000 - 1,764,000 4,430,000 6,194,000 1,816,000
5/24/94 La/Huntington - 483,000 905,000 162,000 - 414,000 1,136,000 1,550,000 509,000
6/9/94 Chattanooga/BrainerdRoad - 613,000 1,170,000 269,000 - 525,000 1,527,000 2,052,000 675,000
6/9/94 Chattanooga/RinggoldRoad - 761,000 1,433,000 440,000 - 653,000 1,981,000 2,634,000 908,000
6/18/94 LasVegas/S.ValleyViewBlvd - 837,000 1,571,000 171,000 - 718,000 1,861,000 2,579,000 778,000
6/23/94 Henderson/GreenValleyPkwy - 1,047,000 1,960,000 191,000 - 898,000 2,300,000 3,198,000 963,000
6/23/94 LasVegas/Tropicana - 750,000 1,408,000 242,000 - 643,000 1,757,000 2,400,000 759,000
6/24/94 LasVegas/N.LambBlvd. - 869,000 1,629,000 71,000 - 669,000 1,900,000 2,569,000 485,000
6/30/94 Birmingham/W.OxmoorRoad - 532,000 1,004,000 389,000 - 461,000 1,464,000 1,925,000 772,000
7/20/94 Milpitas/DempseyRoad - 1,260,000 2,358,000 238,000 - 1,080,000 2,776,000 3,856,000 1,135,000
8/17/94 Alsip/27th - 406,000 765,000 116,000 - 348,000 939,000 1,287,000 408,000
8/17/94 Beaverton/S.W.DennyRoad - 663,000 1,245,000 127,000 - 568,000 1,467,000 2,035,000 611,000
8/17/94 Irwindale/CentralAve. - 674,000 1,263,000 101,000 - 578,000 1,460,000 2,038,000 594,000
8/17/94 Lombard/64th - 847,000 1,583,000 169,000 - 726,000 1,873,000 2,599,000 760,000
8/17/94 NewOrleans/I-10 - 784,000 1,470,000 219,000 - 672,000 1,801,000 2,473,000 759,000
8/17/94 NorthBrunswick/HowLane - 1,238,000 2,323,000 130,000 - 1,062,000 2,629,000 3,691,000 1,035,000
8/17/94 Suitland/St.BarnabasRd - 1,530,000 2,913,000 349,000 - 1,313,000 3,479,000 4,792,000 1,415,000
9/15/94 Huntsville/OldMonroviaRoad - 613,000 1,157,000 252,000 - 525,000 1,497,000 2,022,000 666,000
9/27/94 WestHaven/BullHillLane - 455,000 873,000 5,308,000 - 1,965,000 4,671,000 6,636,000 1,052,000
9/30/94 Alexandria/S.Pickett - 1,550,000 2,879,000 250,000 - 1,330,000 3,349,000 4,679,000 1,322,000
9/30/94 Aloha/S.W.Shaw - 805,000 1,495,000 144,000 - 690,000 1,754,000 2,444,000 721,000
9/30/94 Arlington/Collins - 228,000 435,000 265,000 - 195,000 733,000 928,000 408,000
9/30/94 Austin/LamarBlvd - 781,000 1,452,000 161,000 - 669,000 1,725,000 2,394,000 707,000
9/30/94 Baltimore/HillenStreet - 580,000 1,095,000 277,000 - 497,000 1,455,000 1,952,000 631,000
9/30/94 Blackwood/ErialRoad - 774,000 1,437,000 130,000 - 663,000 1,678,000 2,341,000 668,000
9/30/94 Concord/Monument - 1,092,000 2,027,000 396,000 - 936,000 2,579,000 3,515,000 1,089,000