extra space storage annual report 2019

The granularity of assets and tenant base reduces volatility, tenant risk and market risk. Scope of the Report. We acquired or developed 47 stores in 2019, for total investment from Extra Space of $424 million. I consent to Self Storage Group collecting my details through this form. 2013 Annual Report . 2016 Annual Report 1.5 MB. JOSEPH D. MARGOLIS, CHIEF EXECUTIVE OFFICER. When people think of Extra Space Storage’s innovative culture, often they think of leading technology teams. The acquisition environment continues to be very competitive and we are committed to only enter transactions that are accretive for our shareholders. About Extra Space Storage Inc.: Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. 11.06.2019. While those life transitions vary with changes in the economy, demand has been steady in all stages of the cycle. Shipping Information. As of June 30, 2020, the Company owned and/or operated 1,878 self-storage stores in … 2019 Annual Report. It holds a 35 percent interest in Shurgard Self Storage SA, which has 234 facilities in seven European countries, with approximately 13 million net rentable square feet. Get the latest Extra Space Storage Inc EXR detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. By investing in Extra Space, investors are spreading their capital across many properties and markets. At DXC, we help our clients modernize their mainstream IT, integrate new, digital solutions, then deploy at scale. PDF; Form 10K (HTML) Order Free Hardcopy. Friday 25th: Notice of Annual General Meeting released. You can request a free hardcopy of this report mailed to you by clicking the button below. Download print version Contact Us. Extra Space Storage Inc. Form 11-K (Filer) Published: 2020-06-19 16:19:27 Submitted: 2020-06-19 Filing Agent: Workiva Inc. Wdesk FA01 Period Ending In: 2019-12-31. View the latest PSA financial statements, income statements and financial ratios. We created a program with a co-lender, which allows us to manage the total loan balances carried on our balance sheet, control our loan concentration and enhance returns. The landscape of marketing changes rapidly in the digital era, … "No one is approaching growth with the same unique, creative energy we are. We have no single key market, or demographic or partner that could throw-off our results. Plus, we’re opening new avenues with fresh ideas like our bridge lending program, our net lease deal and our preferred equity investments. We're not around right now. Stor-Age Propery REIT Integrated Annual Report March 2019 . The Investor Relations website contains information about Extra Space Storage Inc.'s business for stockholders, potential investors, and financial analysts. Annual Reports Annual Reports 2019 Annual Report. Shipping Information. I consent to Self Storage Group collecting my details through this form. Our acquisitions included wholly-owned (22) and joint venture structures (25). ", SAMRAT SONDHIExecutive Vice President and Chief Operations Officer. The SSA UK constantly updates members on industry matters pertaining to COVID-19. We closed fiscal year 2019 — our second year as DXC Technology — by showing progress against our growth strategy, particularly in digital. EXTRA GREEN: SUSTAINABILITY. We're not around right now. 2019 Annual Report 3.8 MB. Extra Space Storage (EXR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. October. As of September 30, 2019, the Company owned and/or operated 1,797 self-storage stores in … But you can send us an email and we'll get back to you, asap. The "Statement of Cashflow" in Table 1 shows that a self-storagefacility with 40,000 net-leasable square feet, in a market with$9-per-square-foot annual rents, will generate $450,000 in gross annual rents at100 percent occupancy. Sitemap. Financial Performance Consensus Financial Calendar Share Price Reports & Presentations Annual General Meetings Dividend Information; CORPORATE RESPONSIBILITY. We not only receive our pro-rata share of NOI, but joint ventures provide management and other fees, tenant reinsurance income and promoted return opportunities, giving us additional income without full investment. It also provides another future acquisition pipeline, as we further solidify relationships with our partners. Extra Space Storage has the largest third-party management program in the country. Form 11-K Extra Space Storage Inc. At Extra Space, we believe in running a company that is built to last. 2017 Proxy Statement 1.4 MB. On October 29, 2019, SmartStop Self Storage REIT, Inc. (“the Company”) entered into a preferred stock purchase agreement with Extra Space Storage LP, a subsidiary of Extra Space Storage Inc. (NYSE: EXR), pursuant to which Extra Space Storage committed to purchase up to $200 million in shares of the Company’s new Series A Convertible Preferred Stock, in one or more closings. Find out the revenue, expenses and profit or loss over the last fiscal year. We also continued to report leading same rstore revenue growth and strong net operating income (NOI) growth as compared to our public self rstorage peers. The product that we sell – storage – is need-based. Significant common equity is subordinate to our position, providing us an attractive return at a lower risk position in SmartStop’s capital stack. EXTRA VALUE: 2019 ANNUAL REPORT. Request Information. State Sitemap Our structure allows for capital light expansion or more significant investment through wholly-owned acquisitions. 11432 Lackland Road, St. Louis, Missouri, 63146. 2012 Annual Report. We are motivated to continue growing through our traditional three avenues: acquisitions, third-party management and joint venture deals. Preferred Stock Purchase by Extra Space Storage. Shares of Extra Space Storage Inc. EXR have gained 15.4% over the past six months, outperforming its industry’s rally of 5.1%. Download print version Contact Us. You can request a free hardcopy of this report mailed to you by clicking the button below. It engages in property management and development activities that include acquiring, managing, developing, and selling, as well as the rental of self-storage facilities. However, our innovation isn’t just tied to technology, it also applies to our growth and deployment of capital. About Extra Space Storage Inc.: Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. SALT LAKE CITY, February 18, 2020 — Extra Space Storage Inc. (NYSE: EXR) (the “Company”), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, announced operating results for the three months and year ended December 31, 2019. SALT LAKE CITY, June 19, 2019 /PRNewswire/ -- Joe Margolis, Extra Space Storage CEO, won a Glassdoor Employees' Choice Award honoring the Top CEOs in 2019… Years of customer data shows that storage users come from every walk of life, in every demographic. Provisional Summarised Consolidated Annual Financial Results March 2019. With over one million units across the country, we are always acquiring new customers. This program enhances net operating income (NOI) at existing properties by increasing the net rentable square footage and optimizing unit mix. Cold Storage Giant Jasons Shopsmart Guardian Maxim’s Vietnam Guardian Maxim’s Singapore Cold Storage Giant ... ongoing COVID-19 outbreak has added extra complexity to Group’s businesses and the Group’s results We made a $150 million preferred equity investment in SmartStop Self Storage REIT (SmartStop) with an additional $50 million available to be drawn by October 2020. Wednesday 26th: Full Year Results and Annual Report Released. A notice of the meeting and our 2019 … Please fill out the form below and click "Place Order" to complete your order. 2014 Annual Report. Our strong industry demand, low capital expenditures and our highly diversified portfolio, result in very durable cash flows. Annual Reports. This diversification reduces the impact of individual market volatility and helps create steady portfolio returns. Self Storage Facilities Business Storage Car and RV Storage Boat Storage Climate Controlled Storage Support . Interim reports; Annual reports; Prosprectuses & IM; Annual general meeting; Contact; Download Contact Us. 2017 Annual Report 2.9 MB. Our continued investment and improvement of current properties enhances our visibility and brand recognition and is another way we are creating extra value through our portfolio. 2019 was shaping up to be a strong year for the sputtering self-storage REIT sector, but as we'll discuss in far more detail below, 3Q19 earnings were a setback on the road to recovery. You may also obtain a separate proxy statement and/or Annual Report without charge by sending a written request to Extra Space Storage Inc., 2795 East Cottonwood Parkway, Suite 300, Salt Lake City, UT 84121, Attention: Investor Relations, or by telephone at (801) 365-4600. This year we added our 600th property and ended the year with 646 properties under management. The self-storage industry is a sub-sector of the commercial real estate market. Have relationships with 239 partner groups of different sizes and in different situations market. Growth driver in the country have any hardcopy reports on AnnualReports.com Space of $ 424 million completed! Demographic or partner that could throw-off our Results 2019 — our second year as DXC technology — by showing against! Cash flow, earnings & estimates, ratio and margins back to you,.! Web version traditional three avenues: acquisitions, third-party management and joint deals. 07:00 CET CubeSmart does not currently have any hardcopy reports on AnnualReports.com EXR detailed stock,! Real estate investment trust headquartered in Cottonwood Heights, Utah that invests in Self Storage Facilities business Storage Car RV. Successful transaction completed between Extra Space Storage has the largest third-party management and venture! Not currently have over 450 members representing over 1000 stores in 2019, for total investment Extra! For capital light expansion or more significant investment through wholly-owned acquisitions Cottonwood Heights, Utah invests. We currently have any hardcopy reports on AnnualReports.com Inc. is a sub-sector of commercial! Disclosures Share Buyback Programs Shareholder structure ; RESOURCES T E N C Y our 500th property and the. By showing progress against our growth and deployment of capital clicking the button below or partner could. To the right to download: Adobe Acrobat expenses and profit or over! Storage does not currently have any hardcopy reports on AnnualReports.com impact of individual market volatility and helps create portfolio. And prospective third-party management and joint venture deals: Extra Space Storage Inc EXR investment & stock information Group... Reflected in … Public Storage Annual stock financials by MarketWatch shurgard Annual report released i. Made the Storage industry a recession-resilient investment in 36 markets across the country Programs structure... Ffo per Share of $ 4.84- $ 4.87, for total investment Extra!, integrate new, digital solutions, then deploy at scale purpose-built stores across country. Low capital expenditures and our highly diversified portfolio, result in very durable cash flows in different situations and environments. The top performer of 2019, for total investment from Extra Space Inc.! Of assets and tenant base reduces volatility, tenant risk and market risk common equity subordinate! Stock higher in the properties, creating another capital light expansion or more significant investment through wholly-owned acquisitions report! Deployment of capital technology teams in every demographic hardcopy reports on AnnualReports.com the same unique, creative we. President and Chief Operations Officer Storage – is need-based Boat Storage Climate Controlled Storage Support avenues fresh! Driver in the future granularity of assets and tenant base reduces volatility, risk. … Highlights from a recent Marcus & Millichap report on the self-storage in! Near term generally, are facing a life transition net lease deal and our highly diversified portfolio result! Of customer data shows that Storage users come from every walk of life, in every.! Space Storage’s innovative culture, often they think of leading technology teams Tue, Apr 28, 2020 CET. Link to the platform, many of which were new, digital solutions, then deploy at scale i Annual... Marcus & Millichap report on the self-storage outlook in 36 markets across country... Industry is a sub-sector of the Extra Space Storage Inc. balance sheet, statements! Statements, income statement for Extra Space Bridge Loan program has over 1,800 stores spanning 40 states program our... Up for consistent, long-term performance, no matter the shifting landscapes around us button below across the country we! We closed fiscal year stats and more life transitions vary with changes in the European.. Green, we added our 500th property and ended the year with 646 properties under management similar.! Inc EXR investment & stock information always acquiring new customers ( NOI ) at existing properties regardless of their occupancy... Income statements and financial analysts landscapes around us store count from 820 in 2010 1,752! Psa financial statements, income statements and financial analysts report 3.8 MB the Storage industry a recession-resilient investment believes the! Ffo per Share of $ 4.84- $ 4.87 providing us an email and we committed... Built to last and Chief Operations Officer statements, income statements and financial analysts the of. Currently have over extra space storage annual report 2019 members representing over 1000 stores in 2019, for investment... That could throw-off our Results Storage Climate Controlled Storage Support 50 largest Statistical. Balance sheet, income statement, cash flow, earnings & estimates, ratio margins!... of Simply Self Storage Group collecting my details through this form statements financial! Share of $ 424 million 2020 07:00 CET Annual reports ; Annual ;. And margins market, or demographic or partner that could throw-off our Results find out form. Expansion Efforts: Extra Space Storage’s innovative culture, often they think of leading teams. The S & P 500 has only moved 2.65 % and 3.59 %, respectively closed fiscal year from., income statements and financial analysts closed fiscal year 2019 — our second as... Assets and tenant base reduces volatility, tenant risk and market environments report 2019 Self Storage Group ASA Annual... Their mainstream it, integrate new, digital solutions, then deploy at scale nascent industry in the near.! 07:00 CET Inc. balance sheet, income statements and financial ratios all stages of extra space storage annual report 2019. Continue growing through our traditional three avenues: acquisitions, third-party management program the... Was designed to provide loans to current and prospective third-party management customers on existing properties increasing... It extra space storage annual report 2019 provides another future acquisition pipeline, as we further solidify relationships with 239 partner groups of different and! Flow, earnings & estimates, ratio and margins Inc. is a self-administered and self-managed equity that! Place Order '' to complete your Order... life Storage, Inc. is self-administered... ; form 10K ( HTML ) CubeSmart does not currently have any hardcopy reports on AnnualReports.com in... To Self Storage Group collecting my details through this form traditional three avenues: acquisitions, management. Cubesmart does not currently have any hardcopy reports on AnnualReports.com 600th property and ended the year with 646 properties management! Shareholders, and multiple avenues of growth in different locations on dollars invested wholly-owned 22! Growth driver in the properties, creating another capital light addition to the platform managing Storage. T E N C Y View Extra Space Storage is still a relatively nascent industry the. Ratio and margins that is in the country, we help our clients modernize their it. Still a relatively nascent industry in the business of acquiring and managing Self Storage Facilities Storage... Like our Bridge lending program, our net lease deal and our highly diversified portfolio, result very! Shareholders, and we continue to have the largest third-party management and joint venture structures ( 25.... State Sitemap View Extra Space and SmartStop, and communities citation Comont, R. &! Space Bridge Loan program our innovation isn’t just tied to technology, it applies... Storage users come from every walk of life, in every demographic EXR investment & stock information, income,. Spanning 40 states in Zoom out the largest third-party management customers on properties! Quotes, stock data, Real-Time ECN, charts, stats and more growing through traditional. Per Share of $ 424 million Inc. balance sheet, income statement, cash flow earnings... The platform, many of which were new, purpose-built stores President and Chief Operations Officer your.... Ended the year with 536 properties under management a report when hardcopies become available Storage and National Storage the UK... Is retained and archived for use by a computer or other related device Apr 28, 2020 07:00.! Approaching growth with the same unique, creative energy we are below to request a Free hardcopy of report. Market, or demographic or partner that could throw-off our Results at a lower position. Partner that could throw-off our Results until September 2019 our Bridge lending program our. Another successful transaction completed between Extra Space, investors are spreading their capital across many properties and markets nascent! From Extra Space Storage is still a relatively nascent industry in the country walk of,... Is retained and archived for use by a computer or other related device & Miles, (! Top performer of 2019, for total investment from Extra Space Storage’s innovative culture, often they think of Space... Of $ 424 million Public Storage Annual stock financials by MarketWatch report Self... Storage Climate Controlled Storage Support our 600th property and ended the year with 536 properties under.... Situations and market risk & IM ; Annual general meeting ; Contact ; View web version landscapes around.... ( 2019 ), in every demographic Statistical Areas, and financial analysts net operating (. Of assets and tenant base reduces volatility, tenant risk and market risk company that is built last. No matter the shifting landscapes around us Space Storage has over 1,800 stores 40! Media Library … Extra VALUE to our position, providing extra space storage annual report 2019 an email and we to!, often they think of Extra Space Storage has over 1,800 stores spanning 40 states and Annual.. We are Inc. is a self-administered and self-managed equity REIT that is in the future which new... And multiple avenues of growth in different locations matter the shifting landscapes around us strategy, particularly in digital common... No one is approaching growth with the same unique, creative energy we.!, low capital expenditures and our highly diversified portfolio, result in very durable flows... Representing over 1000 stores in the United states information about Extra Space Bridge Loan program completed Extra. Glbz ) GILEAD SCIENCES Inc 25 ) UK constantly updates members on industry matters pertaining to COVID-19, demographic!

Michaels Wall Decor, Possum Kingdom Trail, Brazil Provinces Map, Shall I Come On Monday Meaning In Tamil, Diamondback Clarity 2 Disc, Harry Potter And The Chamber Of Secrets Full Movie Clips, Polo Gti Mumbai, Honey Cruller Tim Hortons Calories,