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Extra Space Storage

From Wikipedia, the free encyclopedia
Extra Space Storage Inc.
Company typePublic
IndustryReal Estate Investment Trust
Founded1977; 47 years ago (1977)
FounderKenneth Woolley
HeadquartersCottonwood Heights, Utah, U.S.
Key people
Kenneth Woolley (Chairman)
Joseph D. Margolis (CEO)
ProductsSelf storage
RevenueIncrease US$1.577 billion (2021)
Increase US$877 million (2021)
Total assetsIncrease US$10.474 billion (2021)
Total equityIncrease US$3.116 billion (2021)
Number of employees
4,048 (2019)
Websitewww.extraspace.com
Footnotes / references
[1]
Extra Space Storage facility in Remerton, Lowndes County, Georgia
Extra Space Storage facility in Charleston, South Carolina, on St. Andrews Blvd

Extra Space Storage Inc. is a real estate investment trust headquartered in Cottonwood Heights, Utah that invests in self storage facilities. The company rents storage units, including climate controlled units, drive-up units, lockers, boat storage, RV storage and business storage under the brands Extra Space Storage, Life Storage, and Storage Express. As of March 28, 2024 the company owned and/or operated 3,714 locations in 43 states, and Washington, D.C. comprising approximately 2.6 million units 283.4 million square feet of net rentable space.[2] It is the largest owner of self storage units in the United States[3] and the largest self storage property manager.[4][5]

Extra Space Storage has won NAREIT's Leader in the Light Award for superior and sustained sustainability efforts in 2020, 2021 and 2022.[6] The company has solar installations at many of its properties and was listed on the "Top 25 Corporate Users by Number of Solar Installations" by the Solar Energy Industries Association.[7]

References

[edit]
  1. ^ "Extra Space Storage Inc. 2021 Fourth Quarter and Year End Results". Extra Space Storage.
  2. ^ https://ir.extraspace.com/news-releases/news-release-details/extra-space-storage-inc-announces-date-earnings-release-and-63 [bare URL]
  3. ^ "Facility Owners". Inside Self-Storage.
  4. ^ "Facility-Management Companies". Inside Self-Storage.
  5. ^ Importance of Storage facilities
  6. ^ "Leader in the Light Awards". www.reit.com. Retrieved 2023-01-11.
  7. ^ "Extra Space Storage Leads Self Storage Sustainability with 400+ Solar Installations". November 22, 2019.
[edit]
  • Official website
  • Business data for Extra Space Storage Inc.: