Extra Space Storage

From Wikipedia, the free encyclopedia

This article or section needs to be updated.
Please update the article to reflect recent events / newly available information, and remove this template when finished.

Extra Space Storage
Type	Real Estate Investment Trust
Founded	1977
Headquarters	Cottonwood Heights, Utah
Area served	United States
Key people	Kenneth M. Woolley Chairman and CEO
Industry	self storage
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

Extra Space Storage (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."

Extra Space Storage is a twenty-eight year old company that has been involved in the self-storage industry since its inception. Extra Space Storage's mission is sustainable growth, based around six basic company goals:

Maximize customer satisfaction
Provide an excellent product and service
Develop and maintain mutually beneficial business relationships
Increase shareholder value
Grow the business
Make Extra Space Storage a great place to work

Both customers and communities benefit from Extra Space Storage's professional approach to storage. Featuring attractive, convenient and secure facilities operated by professional managers, Extra Space Storage seeks to change the association of self storage as a temporary holding place for unwanted things to a desirable, safe, and customer-oriented facility perfectly suited for maintaining and accessing valued personal and business possessions.