Extra Space Storage (ASX: EXR) — Company Overview, News & Financial Data
Extra Space Storage operates in the self-storage sector, providing innovative and secure storage solutions across the United States.
Extra Space Storage
Extra Space Storage is a self-administered and self-managed real estate investment trust headquartered in Salt Lake City, Utah. The company owns, operates, and manages thousands of self-storage properties across the United States. Its portfolio comprises millions of storage units encompassing hundreds of millions of square feet of rentable space. The business serves both individual residential consumers and commercial enterprise clients by offering clean, secure storage options, climate-controlled spaces, vehicle storage solutions, and third-party property management services. Operations span majority U.S. states and the District of Columbia, maintaining a nationwide footprint for personal, business, and recreational storage requirements.
Snapshot
Operations
Products and/or services of Extra Space Storage
- Personal Storage: Rents drive-up, indoor, and ground-level self-storage units to residential customers undergoing life transitions, moving, or decluttering. Options range from small locker sizes to large units across a nationwide network of over 4,300 properties.
- Business Storage: Provides commercial entities with flexible storage units for inventory, oversized equipment, office furniture, records, and pharmaceutical supplies. Features electronic gate access, extended access hours, and unit configurations tailored for corporate operations.
- Climate-Controlled Units: Supplies temperature-regulated and humidity-monitored storage space for sensitive items including electronics, wooden furniture, artwork, musical instruments, and official documents. These specialized facilities prevent damage from extreme heat, cold, and ambient environmental fluctuations.
- Vehicle and Recreational Storage: Offers dedicated open-air parking spaces, covered outdoor slots, and enclosed storage bays for personal vehicles, commercial vans, boats, trailers, and recreational vehicles. Outfitted with perimeter fencing and computerized keypad access.
- Third-Party Management: Executes property operations, marketing, leasing, and tenant customer service for independent self-storage owners through the Management Plus platform. Generates fee-based income while expanding operational scale across regional U.S. markets.
- Property Acquisitions: Purchases existing self-storage facilities and multi-property portfolios across high-density U.S. metropolitan markets to expand the owned asset base. Integrates newly acquired real estate assets into centralized operational and digital management platforms.
Extra Space Storage executive team
- Mr. Joseph Daniel Margolis J.D.CEO & Director
- Mr. Zachary DickensExecutive VP & Chief Investment Officer
- Mr. Samrat SondhiExecutive VP & Chief Marketing Officer
- Mr. Noah SpringerExecutive VP and Chief Strategy & Partnership Officer
- Mr. Matthew T. HerringtonExecutive VP & COO
- Ms. Grace KundeSenior VP of Accounting & Finance and Corporate Controller
- Ms. Gwyn Goodson McNeal J.D.Executive VP & Chief Legal Officer
- Mr. Timothy ArthursSenior Vice President of Operations
- Mr. Jeffrey NormanSenior Vice President of Capital Markets
- Mr. Jared ConleyVice President of Financial Planning Analysis