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          <ccc>XXXXXXXX</ccc>
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      <liveTestFlag>LIVE</liveTestFlag>



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      <issuerCik>0001393311</issuerCik>
      <issuerName>Public Storage</issuerName>
      <secFileNumber>001-33519</secFileNumber>
      <issuerAddress>
        <com:street1>701 WESTERN AVENUE</com:street1>
        <com:city>GLENDALE</com:city>
        <com:stateOrCountry>CA</com:stateOrCountry>
        <com:zipCode>91201-2349</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>818-244-8080</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>POLADIAN AVEDICK BARUYR</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Director</relationshipToIssuer>
      </relationshipsToIssuer>
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    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Charles Schwab &amp; Co., Inc</name>
        <address>
          <com:street1>3000 Schwab Way,</com:street1>
          <com:city>Westlake,</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>76262</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>5000</noOfUnitsSold>
      <aggregateMarketValue>1296727.00</aggregateMarketValue>
      <noOfUnitsOutstanding>175836162</noOfUnitsOutstanding>
      <approxSaleDate>11/20/2023</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>04/22/2022</acquiredDate>
      <natureOfAcquisitionTransaction>Exercise and Hold - See Remarks</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Public Storage</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>5000</amountOfSecuritiesAcquired>
      <paymentDate>04/22/2022</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <remarks>Shares sold in account A POLADIAN &amp; M POLADIAN TTEE A &amp; M POLADIAN FAMILY TRUST</remarks>
    <noticeSignature>
      <noticeDate>11/20/2023</noticeDate>
      <signature>AVEDICK BARUYR POLADIAN TTEE</signature>
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144
0001305254
XXXXXXXX
LIVE
0001393311
Public Storage
001-33519
701 WESTERN AVENUE
GLENDALE
CA
91201-2349
818-244-8080
POLADIAN AVEDICK BARUYR
Director
Common
Charles Schwab & Co., Inc
3000 Schwab Way,
Westlake,
TX
76262
5000
1296727.00
175836162
11/20/2023
NYSE
Common
04/22/2022
Exercise and Hold - See Remarks
Public Storage
N
5000
04/22/2022
Cash
Y
Shares sold in account A POLADIAN & M POLADIAN TTEE A & M POLADIAN FAMILY TRUST
11/20/2023
AVEDICK BARUYR POLADIAN TTEE