Market factors, including rent restrictions, are affecting the growth and valuation of storage companies like Public Storage and Extra Space Storage in the Los Angeles market.
2 reports, 2 independent
Updated Aug 26
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What happened
Market factors, including rent restrictions, are affecting the growth and valuation of storage companies like Public Storage and Extra Space Storage in the Los Angeles market.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Public Storage holds an equity stake in Shurgard Europe and operates facilities in the Los Angeles area.Sub-event
- Extra Space Storage received a downgrade on August 21, 2025, due to slow demand recovery and limited exposure to the Los Angeles market.Sub-event
Market factors, including rent restrictions, are affecting the growth and valuation of storage companies like Public Storage and Extra Space Storage in the Los Angeles market.1 source
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The entities involved
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Public Storage
US international self storage company
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Los Angeles
seat of Los Angeles County, and largest city in California, United States
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Extra Space Storage
American self-storage company
Nothing else this week.
Related events
Coverage
Newest first; wire copies grouped- Investing.comWells Fargo upgrades Extra Space amid improving outlook for self-storage Investing.com -- Wells Fargo raised its rating on Extra Space Storage to Overweight from Equal Weight, saying the self-storage
- BarchartAre Wall Street Analysts Bullish on Public Storage Stock? Glendale, California-based Public Storage (PSA) is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. Valu