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Life Storage, Inc. was a real estate investment trust headquartered in Williamsville, New York, that invested in self-storage units. The company was previously known as Sovran Self Storage and Uncle Bob's Self Storage. The company completed a merger with Extra Space Storage in July 2023. [2]
Storage Equities was founded by Public Storage in 1980 [17] to purchase self-storage facilities. [9] It was one of 17 self-storage REITs that Public Storage held an interest in. [ 18 ] Between 1992 and 1995, Storage Equities paid Public Storage $31 million in management and consulting fees. [ 6 ]
As of March 28, 2024 the company owned and/or operated 3,714 locations in 43 states, and Washington, D.C. comprising approximately 2.6 million units 283.4 million square feet of net rentable space. [2] It is the largest owner of self storage units in the United States [3] and the largest self storage property manager. [4] [5] Extra Space ...
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