Extra Space Storage Inc.
TypePublic company
NYSE: EXR
S&P 500 Index component
IndustryReal Estate Investment Trust
Founded1977 (1977)
FounderKenneth Woolley
HeadquartersCottonwood Heights, Utah
Key people
Kenneth Woolley, Chairman
Joseph D. Margolis, CEO
ProductsSelf storage
RevenueIncrease $1.577 billion (2021)
Increase $877 million (2021)
Total assetsIncrease $10.474 billion (2021)
Total equityIncrease $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 is a real estate investment trust headquartered in Salt Lake City, UT 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 July 20, 2023 the company owned and/or operated over 3,500 locations in 43 states, and Washington, D.C. comprising approximately 270 million square feet of net rentable space.[1][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

  1. 1 2 "Extra Space Storage Inc. 2021 Fourth Quarter and Year End Results". Extra Space Storage.
  2. "EXTRA SPACE STORAGE & LIFE STORAGE ANNOUNCE CLOSING OF MERGER". ir.extraspace.com.
  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.
  • Official website
  • Business data for Extra Space Storage:
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