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    What Inspired the Founding of Extra Space Storage?

    Founder, Ken Woolley, initially noticed a lack of self storage availability and competition in the East Coast market after moving to Boston following college in 1977.

    What was the original business model when Extra Space Storage was founded?

    In 1998, the modern foundation of the company began after Woolley was inspired by a corporate strategy class he was teaching, creating Extra Space Storage's three main pillars:

    1. Employee Focus: Investing significant time and resources into employee benefits and motivation.

    2. Fairness in Business: Maintaining an unwavering philosophy of being fair in every business transaction and relationship.

    3. Technological Sophistication: Leveraging technology to offer tailored pricing and promotions based on customer characteristics, a strategy he credits for outperforming industry competitors.

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    Learn More About Extra Space Storage

    Extra Space Storage Inc., headquartered in Salt Lake City, Utah, owns and/or operates over 4,200 self storage properties in 42 states, and Washington, D.C. The Company's stores comprise approximately 2.5 million storage units and over 280 million square feet of rentable space, offering customers a wide selection of affordable and conveniently located and secure storage solutions across the country, including personal storage, boat storage, RV storage and business storage. We are committed to being the most convenient, secure, and professional storage solution in your neighborhood. And it is this commitment which has enabled Extra Space Storage to become the largest storage units operator in the U.S. with over 4,200 properties across the country.

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