Extra Space Storage
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| Type | Real Estate Investment Trust |
|---|---|
| Industry | self storage |
| Founded | 1977 |
| Headquarters | Cottonwood Heights, Utah |
| Area served | United States |
| Key people | Spencer Kirk Chairman and CEO |
| Products | Climate controlled and non-climate controlled storage units |
| Revenue | $189.1 Million |
| Net income | $7.9 Million |
| Employees | 1,943 |
| Website | http://www.extraspace.com |
ESS facility, Ypsilanti, Michigan
Extra Space Storage Inc. (NYSE: EXR) is a real estate investment trust (REIT) based in Cottonwood Heights, Utah. Nearby Salt Lake City is commonly indicated as the company's location in corporate filings and news accounts. It provides self storage services throughout the USA. The company provides the following statistics in a press release.[1]
- "Extra Space Storage Inc. ...is a fully integrated, self-administered and self-managed real estate investment trust that owns or operates 634 self-storage properties in 32 states including Washington, D.C. The Company's properties comprise more than 425,000 units and 47,000,000 square feet (4,400,000 m2) rented by over 340,000 tenants. The Company is the second largest operator of self storage in the United States."
[edit] History
- Founded in 1977.
- Publicly traded on the New York Stock Exchange as of April 14, 2004.
- Acquired Storage USA on July 14, 2005.
[edit] References
- Salt Lake Tribune Article About Extra Space Storage
- Barron's: Extra Space Storage CEO in for Long Haul
- RBC Capital Markets, Friday, August 11, 2006 – Extra Space Storage downgraded to "sector perform" - update
- Inside Self Storage: "Industry Giant Extra Space Storage expands, educates" Article by Elaine Foxwell
