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Alworth and his third wife, Laura, whom he married in 1997, [26] live in San Diego. He has six children, one who died in infancy. [27] In the early 1980s, Alworth founded All-Aboard Mini Storage, with self-storage facilities throughout California. [28] He sold the company to Extra Space Storage in 2013 for $196 million. [29] [30]
Extra Space Storage has won NAREIT's Leader in the Light Award for superior and sustained sustainability efforts in 2020, 2021 and 2022. [6] The company has solar installations at many of its properties and was listed on the "Top 25 Corporate Users by Number of Solar Installations" by the Solar Energy Industries Association .
The move represents a ramped-up effort by Public Storage to acquire its smaller competitor, following the rejection of an earlier bid. [29] In April, Life Storage agreed to be acquired by Extra Space Storage for $12.7 billion. [30] The acquisition completed in July and became the largest self-storage space operator by store count in the U.S ...
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