Extra Space：The 2nd largest owner of self storage units in the US
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Here I would like to introduce you to some unfamiliar companies that you may probably haven't heard of, and hope it can be of some help to your investments.
The company I'm going to introduce this time is $Extra Space Storage(EXR)$ .
[Company Profile]
Founded in 1977, Extra Space Storage is a real estate investment trust headquartered in Cottonwood Heights, Utah that invests in self storage units.
As of December 31, 2021, the company owned and/or operated 2,096 locations in 41 states, and Washington, D.C. comprising approximately 160.9 million square feet of net rentable space in 1.5 million storage units.It is the 2nd largest owner of self storage units in the United States and the largest self storage property manager.
[History & Events]
1975：Extra Space Storage was founded.
2004: Extra Space Storage is registered under the ticker NYSE:EXR. Their stock opened with $12.50 in its Aug 20, 2004 IPO.
2015: It acquired SmartStop Self Storage for $1.4B.
2019: It was listed on the "Top 25 Corporate Users by Number of Solar Installations" by the Solar Energy Industries Association.
2019: Extra Space Selects StorageTreasures.com as Exclusive Online Auction Partner.
2021:The company owned and/or operated 2,096 locations in 41 states.
2021:Extra Space Storage Reaches 800 Third-Party Managed Properties.
2022:Extra Spaceadded 4.6 billion dollars in new acquisitions to our national portfolio.
[Main Business Segments]
[Net Income & Total Revenue]
[Competitors]
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