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Public Storage is Opening a New Storage Facility in Denver Today

August 10, 2015 12:25 PM EDT

DENVER--(BUSINESS WIRE)-- Public Storage (NYSE: PSA) is expanding today with the grand opening of a newly constructed self-storage facility in the Stapleton area to serve that planned community and others nearby.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150810005969/en/

Contractors work to complete Public Storage 10298 E. 45th Ave, Denver, CO 80238 in the Stapleton Business Center, with a view of the Rocky Mountains in the background. The location serves a neighborhood of businesses and new homes. (Photo: Business Wire)

The opening increases the number of locations Public Storage operates in the larger Denver area to an even 50. It will give active area residents who thrive on outdoor activities there 700 additional storage spaces for their seasonal gear, from skis to kayaks, in addition to any other storage needs.

Public Storage 10298 E. 45th Ave, Denver, CO 80238 is in the Stapleton Business Center, part of Denver’s largest neighborhood being built 10 minutes from the center of downtown on land that used to be part of the city’s only airport. Located conveniently off of the I-70 freeway, it will serve residents of the 3,500 homes and 480 apartments already occupied or under construction there.

The storage facility is located on five acres that were part of a larger redevelopment effort after Stapleton International Airport closed in 1995 in favor of Denver International. The neighborhood of families, schools, open spaces and retail will be connected to central Denver via a commuter rail line to the center of town.

The new Public Storage location sits at the edge of Stapleton and is also near the city of Aurora and other established Denver neighborhoods that include business parks and corporate warehouses. Many companies large and small use Public Storage and are expected to do so here.

For more information, visit PublicStorage.com or connect with us on Facebook or 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 2,250 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 reinvest more of our revenue back into the business and distribute a large portion to public investors in the form of dividends. Learn more about Public Storage at http://www.publicstorage.com.

Public Storage
Clemente Teng
(818) 244-8080, Ext. 1141

Source: Public Storage



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