Contributing Editors

Extra Space Storage CEO Weighs in on Self Storage Strength

by John Stevens July 11, 2011 5:15 PM
Self storage is rocking the REIT world, and according to Spencer Kirk, chairman and CEO of Extra Space Storage (NYSE: EXR) there are many reasons to celebrate. Revenues in the sector are up, expenses are down, net operating income (NOI) is up and occupancy rates continue to climb. [More]

First Impressions Bring Results at Country Club Hills

by Tony Gonzalez July 8, 2011 10:39 AM
Located in the Country Club Hills suburb of Chicago, Deanse Brown's Extra Space Storage facility is one of the top locations in the Extra Space family. [More]

Extra Space Storage Continues to Thrive As Management Raises Expectations

by John Stevens June 28, 2011 3:30 PM
On the heels of the recent news that self storage REITs outshined other property types with an impressive 18.4 percent return, is a new report showing Extra Space Storage (NYSE: EXR) with significant same-store revenue increases thanks to strong improvement in the occupancy rate. [More]

Service, Security, and Storage on Mayfair Street

by Tony Gonzalez June 15, 2011 6:10 PM
Located near the corner of Philadelphia's Mayfair and Montour streets, Roselind Valentine's Extra Space Storage facility prides itself on offering storage solutions for the security conscious. [More]

Extra Space Storage Busy Celebrating Opening of New Self Storage Facilities

by John Stevens June 10, 2011 11:43 AM
Extra Space Storage celebrates the opening of two new facilities this month, spanning the country. Yesterday, the company held its grand opening for its Carson, Calif., facility and tomorrow, June 11, it will be celebrating the opening of a new facility in Miami, Fla. [More]

Culture, Cuisine, and Storage in San Jose

by Tony Gonzalez June 9, 2011 7:49 PM
Located at the corner of North 10th and Taylor Street in beautiful San Jose, Elke McKeown's Extra Space Storage Facility is a vital member of a flourishing urban community. [More]

Self Storage Business Booming for Extra Space Storage in Singapore

by John Stevens June 8, 2011 7:59 AM
Since Singapore’s Extra Space Storage opened in 2007, it has reflected a phenomenal leap in business of almost 13 times from its $4.8 million value when it first opened self storage facilities on the island nation. In the fiscal year 2010, total company assets were worth $62 million. Extra Space keeps an edge over its competitors because it puts an emphasis on service, offering customers highly personalized treatment. [More]

Extra Space Storage Issues Stock Over-Allotment Option and Declares Quarterly Dividend

by John Stevens May 25, 2011 11:29 AM
Extra Space Storage showed solid growth in its first quarter results and its common stock is selling strong with an over-allotment option being issued yesterday. The company has also announced a quarterly dividend of $0.14 per share on its common stock for the second quarter of 2011. [More]

Opening and Expanding Self Storage - A Good Business Decision

by John Stevens May 24, 2011 6:42 AM
The self storage industry is a $22 billion dollar business that is thriving in the United States, enjoying economic growth as the country faces an economic recession. Currently, low variable rates and limited day-to-day obligations make self storage a less demanding industry to break into than apartment rentals or running a laundromat. New businesses are opening every day and this industry that is 90 percent owned by entrepreneurs was named one of the best industries for starting a business in 2010 by Inc. magazine. [More]

For Industry Growth Look no Further than the Self Storage Industry

by Tony Gonzalez May 16, 2011 6:11 PM
When the economy is going bad it can be hard for people to find good investments. The economy is considered bad for a reason; too many business ventures are failing, prices are going up, and people are out of work. However, in times like this there are some businesses that do flourish. [More]
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