Extra Space Storage Inc. | |
Type: | Public |
Founder: | Kenneth Woolley |
Hq Location: | Cottonwood Heights, Utah, U.S. |
Key People: | Kenneth Woolley (Chairman) Joseph D. Margolis (CEO) |
Industry: | Real Estate Investment Trust |
Products: | Self storage |
Revenue: | (2021) |
Net Income: | US$877 million (2021) |
Equity: | US$3.116 billion (2021) |
Num Employees: | 4,048 (2019) |
Footnotes: | [1] |
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]