Extra Space Storage

Extra Space Storage

About Extra Space Storage

Simplify's Rating
Why Extra Space Storage is rated
A
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Real Estate

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

N/A

Headquarters

Tucson, Arizona

Founded

1977

Overview

💵
Funded Recently
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Simplify's Take

What believers are saying

  • Urbanization increases demand for storage in densely populated cities.
  • Remote work trends boost storage needs as people downsize or relocate.
  • Sustainability initiatives reduce operational costs and environmental impact.

What critics are saying

  • Rising interest rates may increase debt costs, affecting profitability.
  • Competitor expansion could pressure pricing and market share.
  • Integration challenges from acquiring Life Storage may cause inefficiencies.

What makes Extra Space Storage unique

  • Extra Space Storage is the largest U.S. storage operator by location count.
  • The company offers climate-controlled units, meeting rising consumer demand.
  • Extra Space Storage utilizes advanced digital marketing for customer acquisition.

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Funding

Total Funding

$0

Below

Industry Average

Funded Over

2 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Paid Time Off

401(k) Company Match

401(k) Retirement Plan

Health Savings Account/Flexible Spending Account

Wellness Program

Company News

PR Newswire
Jan 17th, 2025
Extra Space Announces Pricing of $350 Million Add-On Offering of 5.500% Senior Notes due 2030

/PRNewswire/ -- Extra Space Storage Inc. ("Extra Space") (NYSE: EXR), a leading owner and operator of self-storage facilities in the United States and a member...

PR Newswire
Nov 20th, 2024
Extra Space Storage Inc. Announces $1 Billion Commercial Paper Note Program

/PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) a leading owner and operator of self-storage facilities in the United States and a member...

Patch
Aug 23rd, 2024
Extra Space Storage Opens New Facility In Shelton

Extra Space Storage opens new facility in Shelton.

Yahoo Finance
Jul 31st, 2024
Extra Space Storage (EXR) Q2 FFO Tops Estimates, Occupancy Rises

During the April-June quarter, Extra Space Storage acquired two operating stores and one store at the completion of construction for a total cost of $27.6 million.

Defense World
May 9th, 2024
Kestra Private Wealth Services LLC Invests $297,000 in Extra Space Storage Inc. (NYSE:EXR)

Kestra Private Wealth Services LLC invests $297,000 in Extra Space Storage Inc. (NYSE:EXR).

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