November 3, 2021

1 Min Read
Self-Storage REIT Public Storage Hires Chief Operating Officer

Public Storage Inc., a self-storage real estate investment trust and management company, has hired David Lee as its new chief operating officer. Lee has more than 20 years of experience in operations leadership, according to a press release.

Lee served as senior vice president of operations for The UPS Store, where he led operational and team-engagement strategy across more than 5,200 retail locations in Canada and the United States. His focus was on innovation and advancing the company’s operating model, employee satisfaction and customer experience.

“We are excited about the proven success, leadership and character that David brings to the Public Storage team,” said Public Storage CEO Joe Russell. “He is now actively engaged with our operations team across the country, while also bringing fresh perspectives and strategies as part of the executive team. Public Storage and our stakeholders will be well-served by David’s leadership into the future.”

“Public Storage is a proven real estate industry leader,” Lee said. “The company is transforming its operating model as it pioneers end-to-end digitization across the self-storage customer journey. I am honored to work alongside leaders throughout the company as we further innovate and advance our operating strategies to meet an ever-growing customer base, while continuing to enhance employee growth and engagement within Public Storage.”

Based in Glendale, Calif., Public Storage has interests in 2,678 self-storage facilities in 39 states, with approximately 186 million net rentable square feet. It holds a 35 percent interest in Shurgard Self Storage SA, which has 247 facilities in seven European countries, with approximately 13 million net rentable square feet.

Business Wire, Public Storage Announces Hiring of David Lee as Chief Operating Officer


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