Last month, the self-storage landscape experienced a seismic shift when industry heavyweights and real estate investment trusts (REITs) Extra Space Storage and Life storage sealed the deal on their merger. This ISS News Desk video brings you inside the transaction, covering the strategy behind the move, updates to corporate leadership, and exclusive insight from Extra Space CEO Joseph D. Margolis to what lies ahead. Get the scoop on this massive acquisition as well as another on the horizon for competing REIT Public Storage, which was recently knocked out of the top spot as the industry’s largest operator.
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