type public nyse exr industry real estate investment trust self storage founded 1977 headquarters cottonwood heights utah 1 united states number of locations 1 370 area served united states key people spencer kirk ceo kenneth woolley founder and chairman products climate controlled and non climate controlled storage units revenue 782.27 million operating income 294.66 million net income 209.54 million number of employees 3209 website http www.extraspace.com extra space storage facility in charleston south carolina extra space storage nyse exr is a us provider of self storage units with over 1 370 facilities across 37 states plus washington d.c. and puerto rico . 2 headquartered in cottonwood heights utah 1 extra space storage is the second largest owner and or operator of self storage properties in the united states 3 as well as the largest self storage management company . extra space storage has been a publicly traded real estate investment trust reit since 2004 and is traded on the new york stock exchange with the ticker symbol exr . 4 the company was founded in 1977 by kenneth woolley who remains the chairman . since apr 2009 spencer kirk has served as the company s ceo . contents 1 history 2 facilities 3 see also 4 references 5 external links history edit extra space storage the publicly traded reit launched on the nyse under the symbol exr in august 2004 is the successor to extra space development co. a limited partnership which was founded in 1979 by kenneth m.woolley as general partner neilson enterprises as limited partner and with richard s. tanner joining woolley as an additional general partner shortly after its creation . prior to creating extra space development woolley and tanner had worked together in another real estate venture in 1975 and woolley had built his first self storage facility in billings montana in 1977 with bill nielson of nielson enterprises . between 1979 and 2004 woolley and tanner developed self storage properties in california utah florida massachusetts new hampshire illinois nevada rhode island new york connecticut and new jersey . tanner served as president of the affiliated extra space management co. for 15 years which managed owned and third party self storage properties . both woolley and tanner served as licensed real estate brokers in multiple states which facilitated third party management and several acquisitions of existing storage properties . over the years several of the self storage properties developed by extra space development were sold to public storage or storage usa and storage usa was acquired by extra space storage shortly after going public . before going public extra space development created several joint ventures partnerships including with prudential real estate and in 1998 eventual ceo spencer kirk joined woolley as a 50 50 partner for many new properties being developed or acquired . . 2 kirk was previously the co founder of megahertz a laptop modem company that was purchased by usrobotics in 1994 and later by 3com . 5 in august 2004 extra space held its initial public offering on the new york stock exchange using the symbol exr opening at 12.50 per share . 4 in 2005 as part of a joint venture with prudential real estate extra space acquired storage usa for 2.3 billion 6 adding 458 additional properties . with woolley as ceo and tanner as its svp of construction and development extra space storage continued growth through developments exceeding 100m yr combined with additional acquisitions of existing properties and expansion of its 3rd party management contracts . with the economic changes of 2008 that especially impacted commercial real estate financing and construction development and construction was wound down by 2010 and extra space focused growth efforts on selective acquisitions and third party management of properties under the extra space storage brand . 7 facilities edit as of august 2014 extra space storage owns and operates 1 106 facilities in the us . 2 the company s properties comprise approximately 740 000 units and over 81 million square feet of rentable storage space . 8 9 various types of storage units are offered by the company including rv boat and automobile storage . the company also offers climate controlled units indoor and outdoor units and locker units . see also edit list of public reits in the united states mail storage references edit a b extra space storage . ksl.com . retrieved 2015 03 20 . extra space storage 2795 e. cottonwood pkwy ste. 400 cottonwood heights ut 84121 . a b c yu hui yong 2014 08 06 . self storage magnates cash in on the surge in real estate . bloomberg business . top operators list top operators directory . insideselfstorage.com . 2014 09 02 . retrieved september 7 2014 . a b extra space storage ipo . nasdaq . lewis di ; stewart heather 2012 03 01 . ceo of the year . utah business . foxwell elaine 2006 06 01 . extra space storage expands educates . inside self storage . self storage magnates cash in on real estate surge . washington post . 2014 08 23 . cariaga vance 2014 10 21 . extra space storage uses tech savvy to lock up growth . investors.com . extra space storage inc. reports 2015 first quarter results . pr newswire . 2015 04 29 . external links edit extra space storage corporate site extra space storage company blog retrieved from https en.wikipedia.org w index.php title extra space storage & oldid 734092090 categories companies listed on the new york stock exchangereal estate investment trusts of the united statescompanies based in salt lake county utahstorage companies1977 establishments in utah navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 12 august 2016 at 02 49 . text is available under the creative commons attribution sharealike license ; 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