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On the Record · Extra Space Storage

Extra Space Storage acquisitions, on the record

The businesses Extra Space Storage bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Life Storage, Inc.
Word for word“We acquired 757 wholly-owned stores in the Merger and an additional 14 stores during the year ended December 31, 2023.” 10-K for 2023
acquisition——
Life Storage, Inc.
Word for word“The increase in property rental revenues for the year ended December 31, 2023 was primarily the result of an increase of $507,054 associated with our merger with Life Storage on July 20, 2023, (the "Life Storage Merger" or "Merger") and other acquisitions completed in 2023.” 10-K for 2023
mergerJuly 20, 2023—
Bargold
Word for word“Transaction Costs —This represents the costs that were incurred as part of the acquisition of Bargold.” 10-K for 2023
acquisition——
771 self-storage properties ("stores")
Word for word“For the year ended December 31, 2023, the Company completed the acquisition of 771 self-storage properties (“stores”) for a total purchase price of $13.0 billion.” 10-K for 2023
acquisitionFor the year ended December 31, 2023$13.0 billion
two stores
Word for word“During the year ended, December 31, 2022, we sold two stores.” 10-K for 2023
divestitureDuring the year ended, December 31, 2022—
58 self-storage properties ("stores")
Word for word“For the year ended December 31, 2024, the Company completed the acquisition of 58 self-storage properties ("stores") for a total purchase price of $581.0 million.” 10-K for 2024
acquisitionFor the year ended December 31, 2024$581.0 million
additional ownership interest in HF1 Sovran HHF Storage Holdings LLC and HF2 Sovran HHF Storage Holdings II LLC
Word for word“Additionally, in November 2024 we acquired additional ownership interest in the HF1 Sovran HHF Storage Holdings LLC and HF2 Sovran HHF Storage Holdings II LLC from our partner in the unconsolidated joint ventures.” 10-K for 2024
acquisitionNovember 2024—
76 self-storage properties
Word for word“For the year ended December 31, 2025, the Company completed the acquisition of 76 self-storage properties (“stores”) for a total purchase price of $1.0 billion.” 10-K for 2025
acquisitionFor the year ended December 31, 2025$1.0 billion
membership interest in nine properties in the Extra Space Northern Properties VI LLC joint venture
Word for word“Equity in earnings of unconsolidated real estate ventures - gain on sale of real estate assets and sale of a joint venture interest —The net gain of $54,521 for the year ended December 31, 2025 is due to the sale of our membership interest in nine properties in the Extra Space Northern Properties VI LLC joint venture in October 2025, which held 10 properties.” 10-K for 2025
divestitureOctober 2025—
Life Storage Spacemax LLC joint venture interest
Word for word“We also recorded a net gain of $9,354 on the sale of our membership interest in the Life Storage Spacemax LLC joint venture in July 2025, which held six properties.” 10-K for 2025
divestitureJuly 2025—
one store
Word for word“On February 18, 2025, we issued 37,886 common Operating Partnership units (“OP Units”) at an average price of $155.15 per unit (a total value of $5.9 million) in connection with the acquisition of one store.” 10-K for 2025
acquisitionFebruary 18, 2025$5.9 million
six stores
Word for word“On October 28, 2025, we issued 83,641 common OP Units at an average price of $150.53 per unit (a total value of $12.6 million) in connection with the acquisition of six stores.” 10-K for 2025
acquisitionOctober 28, 2025$12.6 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)
2020-12-31$0
2021-12-31$0
2022-12-31$157.3 million
2023-12-31$0
2024-12-31$0

Deal filings since 2016

Read from Extra Space Storage’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-20. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.