Public Storage reports operating update: same-store occupancy 92.2%, churn improves to 16.4%

Public Storage

Same-store portfolio of 2,755 facilities (192.1M sq ft): occupancy 92.2% vs 92.1% YoY.
Move-in average annual rent $13.10/sq ft (-0.2% YoY); move-out rent $18.98/sq ft (-4.1% YoY).
Same-store churn improved to 16.4% from 19.6% YoY, a 3.2 percentage point decline.
Data covers April 1 – May 28, 2026 vs 2025; presented at investor conference.

item 7.01 item 8.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001628280-26-039263
form_type: 8-K
ticker: PSA
cik: 0001393311
company_name: Public Storage
filed_at: 2026-06-01T10:01:44+00:00
discovered_at: 2026-06-01T10:10:00.263487+00:00
generated_at: 2026-06-01T10:10:32.906498+00:00
sec_items: ["7.01", "8.01"]
event_type: other_material
sentiment: neutral
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: high
secwatch_canonical_url: https://secwatch.observer/filing/0001628280-26-039263
json_url: https://secwatch.observer/filing/0001628280-26-039263.json
markdown_url: https://secwatch.observer/filing/0001628280-26-039263.md
text_url: https://secwatch.observer/filing/0001628280-26-039263.txt
edgar_index_url: https://www.sec.gov/Archives/edgar/data/1393311/000162828026039263/0001628280-26-039263-index.htm
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generated_by_model: deepseek-v4-flash:cloud@v2
review_status: machine_generated
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Filing page SEC filing

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