Inside Self-Storage

Extra Space Storage Inc.

Self-Storage Businesses May Benefit From Hurricane Sandy, Some Facilities Offer Temporary Relief

As emergency damage assessments begin to tally in the wake of Hurricane Sandy, self-storage operators near homes and businesses affected by the storm are readying for an increase in unit rentals. In some instances, self-storage operators are offering storm victims free use ...More
October 31, 2012
Posted in News
Extra Space Storage CEO to Speak at REITWorld 2012

Spencer Kirk, CEO of Extra Space Storage Inc., a self-storage real estate investment trust (REIT), will be a panelist during a general session on consumer-oriented real estate owners as part of the REITWorld 2012 convention in San Diego, Nov. 13-15. ...More
October 24, 2012
Posted in News
Self-Storage REITs to Release 3Q 2012 Financial Results, Conference Calls Announced

The four U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Public Storage Inc. and Sovran Self Storage Inc.—have announced when and how they will reveal their earnings statements for the fiscal quarter that ended Sept. 30. ...More
October 22, 2012
Posted in News, Finance
Self-Storage Management Companies: Choosing a Partner, Setting Expectations and Evaluating Performance

There’s a big distinction between owning a self-storage business and operating one. Not all owners wish to oversee staff and manage day-to-day tasks such as unit rentals, marketing and facility maintenance. Hiring a third-party management company allows an operator to step ...More
October 12, 2012 By Amy Campbell
Posted in Articles
A Self-Storage REIT Touts Tech Prowess, Managers Champion the Human Element

Is technology the self-storage game-changer Extra Space President Spencer Kirk professed it to be in a recent interview? Feedback from members of the Self-Storage Talk online community champions the human element over technological drivers. ...More
October 3, 2012
Posted in Blog, Technology
Self-Storage REIT Extra Space Storage Announces 3Q 2012 Dividend

The board of directors for Extra Space Storage Inc., a self-storage real estate investment trust, has declared a quarterly dividend of $0.20 per share on the common stock of the company for the third quarter 2012. ...More
September 11, 2012
Posted in News, Finance
Leading Self-Storage Companies Highlighted in the ISS 2012 Top-Operators List

Inside Self-Storage (ISS) has released its 2012 Top-Operators List, ranking 100 of the self-storage industry's leading operators based on total net-rentable square footage. The list includes facility and brand owners, independents and property-management companies. The data ...More
September 11, 2012
Posted in News
Extra Space Storage Buys 10 East Coast Self-Storage Facilities From Hampshire Cos.

Self-storage real estate investment trust Extra Space Storage Inc. has purchased 10 self-storage facilities in New Jersey (8) and New York (2). The properties comprise 740,822 square feet of net rentable space in 7,433 units. All will now operate under the Extra Space ...More
September 10, 2012
Posted in News, Real Estate
Chicagoland Self-Storage Operator LifeStorage to Open 19th and 20th Locations

LifeStorage, an operator of self-storage facilities in the Chicagoland area, has announced the acquisition of its 19th and 20th locations. ...More
September 4, 2012
Posted in News, Real Estate
Hillsdale Self Storage in San Jose, Calif., Sold to Extra Space Storage for $4.8M

Hillsdale Self Storage in San Jose, Calif., sold for $4,850,000 to Extra Space Storage, a self-storage real estate investment trust. Located on Charter Park Drive, the multi-story facility has 33,318 net rentable square feet with 369 units. The facility was 95 percent ...More
August 31, 2012
Posted in News, Real Estate

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