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Frequently Asked Questions

Is Extra Space Storage a Franchise?

No, Extra Space Storage is not a franchise. It is a large, publicly traded company structured as a Real Estate Investment Trust (REIT). It primarily generates revenue by owning and operating its own storage facilities.

However, a significant part of Extra Space Storage's business model is Management Plus, its third-party management program. This allows other self-storage facility owners to have their property managed by Extra Space Storage, using the brand name, technology, and support.

What is the difference between Extra Space Storage Management Plus and a franchise model?

Management Plus is not a franchise. It's a third-party management program where property owners keep ownership but partner with Extra Space Storage for professional management under its brand.

Does Extra Space Storage have a loan program for self storage facility owners?

Yes, Extra Space Storage offers a Bridge Loan Program for its existing and potential third-party management partners. This loan type helps properties become economically and physically stable, from retiring construction loans to unlocking equity.

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