Self-Storage REIT Extra Space Celebrates LEED Gold Certification of Maryland Facilities

Extra Space Storage Inc., a publicly traded self-storage real estate investment trust (REIT) and third-party management firm, announced 12 of its Maryland facilities have earned LEED (Leadership in Energy & Environmental Design) Gold Certification. Established by the U.S. Green Building Council, LEED recognizes building strategies based on the effective use of materials and resources, energy and water efficiency, sustainability, innovation, and other criteria. Extra Space is the first self-storage company to certify properties at the Gold level, according to a company press release.

Extra Space Storage Inc., a publicly traded self-storage real estate investment trust (REIT) and third-party management firm, announced 12 of its Maryland facilities have earned LEED (Leadership in Energy & Environmental Design) Gold Certification. Established by the U.S. Green Building Council, LEED recognizes building strategies based on the effective use of materials and resources, energy and water efficiency, sustainability, innovation, and other criteria. Extra Space is the first self-storage company to certify properties at the Gold level, according to a company press release.

“We are honored to be recognized by the U.S. Green Building Council with these 12 certifications. This marks another accomplishment from our ongoing dedication to sustainability and operational excellence," said CEO Spencer Kirk. "We continue to focus on corporate responsibility and remain committed to reducing our overall impact on the environment. These efforts reflect our philosophy to leverage innovation to improve environmental and financial results."

Extra Space retrofitted its properties with energy-efficient lighting and motion sensors, installed solar panels, and replaced light fixtures with advanced models that use significantly less electricity, the release stated. The company also added charging stations for electrical vehicles at some of its California facilities. Extra Space hopes to see four more of its storage facilities earn the certification by the end of this year.

Headquartered in Salt Lake City, Extra Space owns or operates 1,335 self-storage properties in 36 states; Washington, D.C.; and Puerto Rico. The company’s properties comprise approximately 885,000 units and 99.8 million square feet of rentable space.

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