SALT LAKE CITY, March 10, 2025 /PRNewswire/ -- Extra Space Storage Inc. ("Extra Space") (NYSE: EXR), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, today announced that its operating partnership, Extra Space Storage LP (the "operating partnership"), has priced a public offering of $500 million aggregate principal amount of 5.400% senior notes due 2035 (the "Notes"). The Notes were priced at 99.830% of the principal amount and will mature on June 15, 2035. BofA Securities, TD Securities, Truist Securities, BMO Capital Markets, J.P. Morgan, PNC Capital Markets LLC, Wells Fargo Securities and US Bancorp are acting as the joint book-running managers for the offering. Regions Securities LLC, BOK Financial Securities, Inc., Citigroup, Huntington Capital Markets, Scotiabank, Zions Capital Markets, Fifth Third Securities, Academy Securities and Ramirez & Co., Inc. are acting as the co-managers for the offering.

SALT LAKE CITY, March 5, 2025 /PRNewswire/ -- Extra Space Storage, Inc., (NYSE:EXR) the largest operator of self storage properties in the U.S., announced a significant milestone for the company as they celebrate reaching over 4,000 stores nationwide. Extra Space has more than doubled its store count since 2021. 

"This achievement is a testament to the company's steady growth and resiliency of the self storage sector," said Joe Margolis, CEO. "Reaching 4,000 stores isn't just about the number – it's about the people who made this growth happen. Our team's focus on sustainable, strategic, and accretive growth ensures that we deliver the highest quality and value for all our stakeholders. Our success as a company belongs to 8,000+ team members and 2.4 million customers who trust us with their storage needs."

SALT LAKE CITY, Feb. 25, 2025 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) (the "Company"), a leading owner and operator of self-storage facilities in the United States and a constituent of the S&P 500, announced operating results for the three months and year ended December 31, 2024.

Highlights for the three months ended December 31, 2024:

Achieved net income attributable to common stockholders of $1.24 per diluted share, representing a 21.6% increase compared to the same period in the prior year.Achieved funds from operations attributable to common stockholders and unit holders ("FFO") of $1.96 per diluted share. FFO, excluding adjustments ("Core FFO"), was $2.03 per diluted share, representing a 0.5% increase compared to the same period in the prior year.Same-store revenue decreased by (0.4)% and same-store net operating income ("NOI") decreased by (3.5)% compared to the same period in the prior year.Reported ending same-store occupancy of 93.7% as of December 31, 2024, compared to 92.5% as of December 31, 2023.Acquired 38 operating stores for a total cost of approximately $359.7 million.Increased ownership interest in two existing joint venture partnerships to 49.0% for $251.2 million.Originated $224.4 million in mortgage and mezzanine bridge loans and sold $9.2 million mortgage bridge loans.Added 130 stores (114 stores net) to the Company's third-party management platform. As of December 31, 2024, the Company managed 1,575 stores for third parties and 460 stores in unconsolidated joint ventures, for a total of 2,035 managed stores.Initiated an unsecured commercial paper program. As of December 31, 2024, the commercial paper program had total capacity of $1.0 billion, with $500.0 million in outstanding issuances.Paid a quarterly dividend of $1.62 per share.

SALT LAKE CITY, Feb. 21, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a first quarter 2025 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on March 31, 2025, to stockholders of record at the close of business on March 14, 2025. 

About Extra Space Storage Inc.

SALT LAKE CITY, Jan. 24, 2025 /PRNewswire/ -- Extra Space Storage Inc. (NYSE:EXR) (the "Company") announced today the tax allocations of the Company's 2024 dividend distributions on its common stock. The allocations, as they will be reported on Form 1099-DIV, are as follows for common shares CUSIP# 30225T102:

Ex-DividendDate

Record Date

PayableDate

Total Distribution Per Share

Ordinary DividendPer Share

(Box 1a)

QualifiedDividend Per Share

(Box 1b)

Capital Gain Distribution Per Share

(Box 2a)1

Unrecaptured Section 1250 Gain

Per Share

(Box 2b)

Section 199A Dividend

Per Share

(Box 5)

 Section 897 Capital Gain

Per Share

(Box 2f)

03/14/2024

03/15/2024

03/29/2024

$1.620000

$1.582206

$0.294917

$0.037794

$0.015530

$1.287289

$0.037794

06/14/2024

06/14/2024

06/28/2024

$1.620000

$1.582206

$0.294917

$0.037794

$0.015530

$1.287289

$0.037794

09/16/2024

09/16/2024

09/30/2024

$1.620000

$1.582206

$0.294917

$0.037794

$0.015530

$1.287289

$0.037794

12/16/2024

12/16/2024

12/31/2024

$1.620000

$1.582206

$0.294917

$0.037794

$0.015530

$1.287289

$0.037794

Totals

$6.480000

$6.328823

$1.179667

$0.151177

$0.062120

$5.149156

$0.151177

SALT LAKE CITY, Jan. 24, 2025 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today it will release financial results for the three months and year ended December 31, 2024 on Tuesday, February 25, 2025 after the market closes. The Company will host a conference call at 1:00 p.m. Eastern Time on Wednesday, February 26, 2025 to discuss its financial results. Hosting the call will be Extra Space Storage's CEO, Joe Margolis. Joining him will be Scott Stubbs, Executive Vice President and CFO. 

SALT LAKE CITY, Jan. 16, 2025 /PRNewswire/ -- Extra Space Storage Inc. ("Extra Space") (NYSE: EXR), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, today announced that its operating partnership, Extra Space Storage LP (the "operating partnership"), has priced a public offering of $350 million aggregate principal amount of additional 5.500% senior notes due 2030 (the "Notes"). The Notes will be issued as additional notes under the indenture pursuant to which the operating partnership previously issued $450 million of 5.500% senior notes due 2030 (the "Initial Notes"). The Notes will be treated as a single series of securities with the Initial Notes under the indenture and will have the same CUSIP number as, and be fungible with, the Initial Notes. The Notes were priced at 101.509% of the principal amount and will mature on July 1, 2030. Wells Fargo Securities, PNC Capital Markets LLC, US Bancorp, BMO Capital Markets, BofA Securities, J.P. Morgan, TD Securities and Truist Securities are acting as the joint book-running managers for the offering. Regions Securities LLC, Scotiabank, BOK Financial Securities, Inc., Citigroup, Huntington Capital Markets, Zions Capital Markets, Academy Securities, Fifth Third Securities and Ramirez & Co., Inc. are acting as the co-managers for the offering. The offering is expected to close on or about January 22, 2025, subject to the satisfaction of customary closing conditions. The Notes will be fully and unconditionally guaranteed by Extra Space and certain of its subsidiaries.

SALT LAKE CITY, Dec. 2, 2024 /PRNewswire/ -- Extra Space Storage Inc. ("Extra Space") (NYSE: EXR), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, today announced that its operating partnership, Extra Space Storage LP (the "operating partnership"), has priced a public offering of $300 million aggregate principal amount of additional 5.700% senior notes due 2028 (the "Notes"). The Notes will be issued as additional notes under the indenture pursuant to which the operating partnership previously issued $500 million of 5.700% senior notes due 2028 (the "Initial Notes"). The Notes will be treated as a single series of securities with the Initial Notes under the indenture and will have the same CUSIP number as, and be fungible with, the Initial Notes. The Notes were priced at 102.857% of the principal amount and will mature on April 1, 2028. J.P. Morgan, BMO Capital Markets, TD Securities, BofA Securities, PNC Capital Markets LLC, Truist Securities, Wells Fargo Securities and US Bancorp are acting as the joint book-running managers for the offering. Regions Securities LLC, BOK Financial Securities, Inc., Citigroup, Huntington Capital Markets, Scotiabank, Zions Capital Markets, Fifth Third Securities, Academy Securities and Ramirez & Co., Inc. are acting as the co-managers for the offering.  The offering is expected to close on or about December 5, 2024, subject to the satisfaction of customary closing conditions. The Notes will be fully and unconditionally guaranteed by Extra Space and certain of its subsidiaries.

SALT LAKE CITY, Nov. 20, 2024 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, today announced that its operating partnership, Extra Space Storage LP (the "operating partnership"), has established an unsecured commercial paper note program in the United States.

SALT LAKE CITY, Nov. 15, 2024 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a fourth quarter 2024 dividend of $1.62 per share on the common stock of the Company. The dividend is payable on December 31, 2024, to stockholders of record at the close of business on December 16, 2024. 

About Extra Space Storage Inc.