Extra Space Storage

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Extra Space Storage Inc.
TypePublic company
NYSEEXR
S&P 500 Index component
IndustryReal Estate Investment Trust
Founded1977; 44 years ago (1977)
FounderKenneth Woolley
HeadquartersCottonwood Heights, Utah
Key people
Kenneth Woolley, Chairman
Joseph D. Margolis, CEO
ProductsSelf storage
RevenueIncrease $1.308 billion (2019)
Increase $634 million (2019)
Total assetsIncrease $8.532 billion (2019)
Total equityIncrease $2.539 billion (2019)
Number of employees
4,048 (2019)
Websitewww.extraspace.com
Footnotes / references
[1]
Extra Space Storage facility in Charleston, South Carolina
Extra Space Storage office in Kingstowne, Virginia

Extra Space Storage is a real estate investment trust headquartered in Cottonwood Heights, Utah that invests in self storage units. As of December 31, 2019, the company owned and/or operated 1,817 locations in 40 states, Washington, D.C. and Puerto Rico, comprising approximately 140 million square feet of net rentable space in 1.3 million storage units.[1] It is the 2nd largest owner of self storage units in the United States[2] and the largest self storage property manager.[3]

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.[4]

References[]

  1. ^ a b "Extra Space Storage Inc. 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. ^ "Facility Owners". Inside Self-Storage.
  3. ^ "Facility-Management Companies". Inside Self-Storage.
  4. ^ "Extra Space Storage Leads Self Storage Sustainability with 400+ Solar Installations". November 22, 2019.

External links[]

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