SALT LAKE CITY, Sept. 15, 2021 /PRNewswire/ -- Extra Space
Storage Inc. (NYSE:EXR) announces that the Company's
third-party management platform, ManagementPlus, has reached its
800th managed store. Managed properties make up approximately 40
percent of Extra Space Storage's facilities, and Extra Space is the
largest self-storage third-party manager in the United States. This milestone comes at the
same time as Inside Self Storage recognized the
Company as the Best Third-Party Management Company in the 2021
"Best of Business" reader-choice poll.
"It is an honor to be recognized as the industry's best
third-party manager," said Eric
Bishop-Berry, Sr. Director of Third-Party Management. "With
over 300 partner groups, Extra Space's business is built on
meaningful relationships. This award and the continued growth of
our third-party managed stores demonstrates that our partners trust
us to manage their stores like our own, regardless of
"I am continuously impressed with the innovation of the
ManagementPlus platform, the professionalism of the leadership
team, and their staff's dedication to enhance our properties'
performance," said Matt Janes,
Self-Storage Director at Rosewood Property Company. "Since the
start of Rosewood's partnership with Extra Space in 2011, I have
been confident that I can rely on them to manage all day-to-day
operations while increasing leasing and revenue for all our
Extra Space's ManagementPlus has added over 100 third-party
managed stores to its platform in 2021 and expects to add
approximately 200 total stores before year-end. There are over
500,000 customers renting at third-party managed stores and over 60
million net rentable square feet of third-party managed properties
in the Extra Space portfolio. In addition, as of June 30, 2021, the Company was managing 247 joint
venture locations and 958 wholly-owned locations.
To learn more about ManagementPlus, visit
About Extra Space Storage
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. As of July 19,
2021, Extra Space Storage operates over 2,000 self-storage
stores comprising approximately 1.4 million units and approximately
156 million square feet of rentable space. Extra Space Storage
offers customers a wide selection of conveniently located and
secure storage units across the country, including boat storage, RV
storage and business storage. Extra Space Storage is the second
largest owner and/or operator of self-storage stores in the
United States and is the largest self-storage management
company in the United States.
Learn more on extraspace.com.
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SOURCE Extra Space Storage Inc.