Extra Space Storage
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About
Company Stage
IPO
Employees
1,001-5,000
Industries
Real Estate
Total Funding
N/A
Headquarters
Tucson, Arizona
Founded
1977
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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Benefits
Paid Time Off
401(k) Company Match
401(k) Retirement Plan
Health Savings Account/Flexible Spending Account
Wellness Program
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