Shurgard Storage Centers

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Shurgard Storage Center
Industry Real estate investment trust
Founded Olympia, WA, 1972

Shurgard Storage Centers, Inc. was a Real estate investment trust (REIT) based in the Cascade neighborhood of Seattle, Washington.


Its predecessor company, Capital Northwest Management Corporation, was founded in 1972 in Olympia, Washington by Charles K. Barbo and Donald B. Daniels. The creation of Shurgard Storage Centers was led by Arthur Buerk, who joined Mr. Daniels and Mr. Barbo in 1978. The company operated as a private self-storage management company until it was merged with a series of publicly registered limited partnerships that were taken public. It was publicly traded on the New York Stock Exchange from 1994 to August 2006, when it was bought by Public Storage and became a subsidiary. Public Storage is the worlds largest owner and operator of self storage facilities with over one million customers and more than 2,100 stores in 38 states in the USA and 7 European countries.


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