Financial Services >> CEO Interviews >> October 19, 1998
CHUCK BARBO is CEO of Shurgard Storage, Inc. A graduate of the
University of Washington, he founded the real estate investment firm of
Barbo-Daniels Co. in 1971. Realizing the growth potential of mini-
storage warehouses the firm grew quickly in the 1970's, changing its
name to Shurgard Storage. The company raised over $600 million in equity
from over 80,000 individual investors invested in 24 separate real
estate limited partnerships, sponsored by Shurgard. In March 1994, a
consolidation of 17 of these limited partnerships was completed and a
single, publicly traded REIT (Real Estate Investment Trust) was formed.
Currently, Shurgard trades on the NYSE under the symbol 'SHU.' Shurgard
has already established a presence in Europe, and has plans for further
expansion there. Profile
Centers, just so our readers know what the company's all about?
Mr. Barbo: Shurgard Storage Centers is a self administered,
