ISS News Desk: Extra Space Agrees to Buy SmartStop Self Storage for $1.4B

July 14, 2015

Consolidation has become a common theme within the self-storage industry over the past decade, but rarely have the largest operators eyed each other as potential quarry. In what could be the largest acquisition in U.S. self-storage history, publicly traded real estate investment trust Extra Space Storage Inc. last month agreed to acquire SmartStop Self Storage Inc. for $1.4 billion. This ISS News Desk takes a look inside the deal and discusses the collection of data for the ISS 2015 Top-Operators List.

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