RICHMOND, Texas--(BUSINESS WIRE)--
Public Storage (NYSE:PSA) opened its newest self-storage location today,
its seventh in the Houston area this year. All together they added more
than a million square feet of new storage in less than a year in one of
the company’s largest and most important markets.
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Public Storage at 8008 West Grand Parkway South, Richmond, TX 77406 opened December 15 to serve the growing Houston suburb. It has more than 1,200 climate-controlled self-storage units next to Grand Parkway. (Photo: Business Wire)
The new Public
Storage at 8008 West Grand Parkway South, Richmond, TX 77406 boasts
more than 1,200 climate-controlled storage units near Houston. The
five-story, bright orange building is easy to spot from State Highway 99
near South Mason Road. Thanks to its new locations, Houston eclipsed
Dallas this year as the company’s largest market in Texas, beating it by
500,000 square feet of self-storage space!
The Richmond storage facility will serve residents of the rapidly
growing community as well as those in Sugar Land and nearby master
communities such as Aliana Houston, Harvest Green and Long Meadow Farms.
Richmond has experienced 4 percent population growth over the last five
years according to the U.S. Census, and Grand Parkway, aka Highway 99,
is being expanded in sections to accommodate additional commuters in the
greater Houston area.
The new storage location, and many of the other newly constructed
facilities around Houston, is indoors and offers climate controlled
storage in a range of prices to suit personal and business needs.
Public Storage’s impressive growth supports the expanding community, and
the company plans to continue to provide the latest and greatest Texas
self-storage options to Houstonians in the future.
“2018 is going to be big,” said Jarrod Yates, a Public Storage vice
president of real estate based in Plano, Texas.
For more information, visit the Public
Storage blog. Follow Public Storage on Facebook
and Twitter.
Company Information
We help customers in their time of need, whether moving, downsizing or
storing for business. Public Storage was founded in 1972 with a single
Southern California self-storage building. We’ve grown a bit since then,
to more than 2,358 locations around the country, making us the largest
in the business today and a member of the S&P 500. We offer self-storage
options of all shapes and sizes and the same personal attention from
on-site managers that we’ve been giving from day one. For stockholders,
we are a real estate investment trust, meaning we distribute a large
portion of revenue to public investors in the form of dividends. Learn
more about Public Storage at https://www.publicstorage.com.
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Public Storage
Clemente Teng, (818) 244-8080, Ext. 1141
Source: Public Storage