SALT LAKE CITY, Aug. 19, 2024 /PRNewswire/ -- Extra Space Storage (NYSE: EXR), a leader in the self-storage sector, celebrates its 20th anniversary as a publicly traded company. The company began trading on the New York Stock Exchange on August 20, 2004, following its initial public offering (IPO).
At the time of the IPO, Extra Space had 450 employees, operated 160 properties in 20 states, and had a market cap value of around $700 million. Twenty years later, Extra Space is an S&P 500 listed company with 7,500 employees, operating 3,812 properties in 42 states and is one of the most valuable REITs with a market cap of approximately $35 billion.
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