Extra Space Storage Inc

Extra Space Storage Inc

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About the company

Extra Space Storage Inc. is an integrated, self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, manages, acquires, develops and redevelops self-storage properties, or stores. Its segments include self-storage operations and tenant reinsurance. Its self-storage operations activities include rental operations of wholly owned stores. Its tenant reinsurance activities include the reinsurance of risks relating to the loss of goods stored by tenants in its stores. The Company’s business is conducted through its operating partnership, Extra Space Storage LP (the Operating Partnership). It invests in stores by acquiring wholly owned stores or by acquiring an equity interest in real estate entities. The Company had direct and indirect equity interests in over 1,451 stores. The Company manages over 887 stores for third parties. It also offers tenant reinsurance at its owned and managed stores that insures the value of goods in the storage units.

  • Revenue in USD (TTM)1.98bn
  • Net income in USD852.20m
  • Incorporated2004
  • Employees4.78k
  • Location
    Extra Space Storage Inc2795 Cottonwood Parkway, Suite 400SALT LAKE CITY 84121United StatesUSA
  • Phone+1 (801) 562-5556
  • Fax+1 (801) 562-5579
  • Websitehttps://www.extraspace.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
EXR:NYQ since
Life Storage IncAnnounced03 Apr 202303 Apr 2023Announced-10.03%12.46bn
Storage Express LLCDeal completed16 Sep 202216 Sep 2022Deal completed-21.47%590.00m
Bargold Storage Systems LLCDeal completed01 Jun 202201 Jun 2022Deal completed-17.74%--
Data delayed at least 15 minutes, as of May 26 2023 21:10 BST.
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