On the Record · Life Storage

Life Storage acquisitions, on the record

The businesses Life 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

Business	Deal	When	Value
ten self-storage facilities under contract at December 31, 2020 Word for word“We are actively pursuing acquisitions in 2021 and at December 31, 2020 we were under contract to acquire ten self-storage facilities for an aggregate purchase price of $111.3 million.” 10-K for 2020	agreed acquisition	—	111.3 million
two self-storage facilities Word for word“During January 2021, the Company completed the acquisition of two of these self-storage facilities for an aggregate purchase price of $26.3 million.” 10-K for 2020	acquisition	During January 2021	26.3 million
one self-storage facility from one of the Company’s unconsolidated joint ventures Word for word“Also, on January 28, 2021, the Company entered into a contract to acquire two self-storage facilities for an aggregate purchase price of $39.3 million, and on February 19, 2021, the Company entered into a contract to acquire one self-storage facility from one of the Company’s unconsolidated joint ventures for an aggregate purchase price of $48.6 million.” 10-K for 2020	agreed acquisition	February 19, 2021	48.6 million
40 self-storage facilities acquired in 2020 Word for word“In 2020, we acquired 40 self-storage facilities comprising 3.1 million square feet in California (8), Florida, (6), Georgia (1), Missouri (1), New Jersey (7), New York (1), Ohio (6), Pennsylvania (4), South Carolina (1), and Texas (5) for a total purchase price of $ 532.6 million.” 10-K for 2020	acquisition	In 2020	532.6 million
remaining 15% interest in a joint venture Word for word“One of these acquired properties resulted from the Company acquiring the remaining 15% of a joint venture.” 10-K for 2020	acquisition	—	—
30 self-storage facilities acquired in 2019 Word for word“In 2019, we acquired 30 self-storage facilities comprising 2.2 million square feet in Florida (4), Georgia (1), Maryland (5), Nevada (1), New York (1), New Jersey (2), North Carolina (1), Ohio (3), South Carolina (2), Tennessee (1), Texas (1), Virginia (5), and Washington (3) for a total purchase price of $429.4 million.” 10-K for 2020	acquisition	In 2019	429.4 million
32 non-strategic self-storage facilities in Louisiana, Mississippi, North Carolina, South Carolina and Texas sold to an unrelated third-party Word for word“During 2019, the Company sold 32 non-strategic self-storage facilities in Louisiana (9), Mississippi (8), North Carolina (4), South Carolina (5), and Texas (6) to an unrelated third-party for net proceeds of $207.6 million, resulting in a $100.2 million gain on sale.” 10-K for 2020	divestiture	During 2019	207.6 million
eight self-storage facilities acquired in 2018 Word for word“In 2018, we acquired eight self-storage facilities comprising 474,500 square feet in California (2), Florida (1), Georgia (1), Missouri (1), New Hampshire (1), and New York (2) for a total purchase price of $77.7 million.” 10-K for 2020	acquisition	In 2018	77.7 million
32 non-strategic self-storage facilities in Louisiana (9), Mississippi (8), North Carolina (4), South Carolina (5), and Texas (6) Word for word“During 2019, the Company sold 32 non-strategic self-storage facilities in Louisiana (9), Mississippi (8), North Carolina (4), South Carolina (5), and Texas (6) to an unrelated third-party for net proceeds of $207.6 million, resulting in a $100.2 million gain on sale.” 10-K for 2021	divestiture	During 2019	net proceeds of $207.6 million
112 self-storage facilities comprising 7.9 million square feet Word for word“In 2021, we acquired 112 self-storage facilities comprising 7.9 million square feet in Alabama (7), Arizona (4), California (1), Colorado (3), Connecticut (6), Florida (31), Georgia (16), Illinois (4), Kentucky (1), Maine (1), New Hampshire (4), New Jersey (5), New York (1), North Carolina (6), Ohio (1), Oklahoma (2), South Carolina (5), Tennessee (1), Texas (10), Virginia (1), and Washington (2) for a total purchase price of $ 1,696.3 million, which is net of the Company's equity in profit from the acquisitions of the New York store and three Georgia stores purchased from unconsolidated joint ventures.” 10-K for 2021	acquisition	In 2021	a total purchase price of $ 1,696.3 million
40 self-storage facilities comprising 3.1 million square feet Word for word“In 2020 we acquired 40 self-storage facilities comprising 3.1 million square feet in California (8), Florida, (6), Georgia (1), Missouri (1), New Jersey (7), New York (1), Ohio (6), Pennsylvania (4), South Carolina (1), and Texas (5) for a total purchase price of $532.6 million.” 10-K for 2021	acquisition	In 2020	a total purchase price of $532.6 million
30 self-storage facilities comprising 2.2 million square feet Word for word“In 2019, we acquired 30 self-storage facilities comprising 2.2 million square feet in Florida (4), Georgia (1), Maryland (5), Nevada (1), New York (1), New Jersey (2), North Carolina (1), Ohio (3), South Carolina (2), Tennessee (1), Texas (1), Virginia (5), and Washington (3) for a total purchase price of $429.4 million.” 10-K for 2021	acquisition	In 2019	a total purchase price of $429.4 million
ten self-storage facilities under contract Word for word“We are actively pursuing acquisitions in 2022 and at December 31, 2021 we were under contract to acquire ten self-storage facilities for an aggregate purchase price of $246.3 million.” 10-K for 2021	agreed acquisition	At December 31, 2021	an aggregate purchase price of $246.3 million
six of these self-storage facilities Word for word“During January 2022, the Company completed the acquisition of six of these self-storage facilities for an aggregate purchase price of $165.0 million.” 10-K for 2021	agreed acquisition	During January 2022	an aggregate purchase price of $165.0 million
15 self-storage facilities Word for word“Also, subsequent to December 31, 2021, the Company entered into a contracts to acquire 15 self-storage facilities for an aggregate purchase price of $236.2 million.” 10-K for 2021	agreed acquisition	Subsequent to December 31, 2021	an aggregate purchase price of $236.2 million
49 self-storage facilities Word for word“In 2022, we acquired 49 self-storage facilities comprising 3.8 million square feet in Arizona (7), California (8), Florida (7), Georgia (2), Illinois (1), Maryland (1), Massachusetts (2), Minnesota (1), Missouri (5), Nevada (1), New York (3), North Carolina (5), South Carolina (1), and Texas (5), for a total purchase price of $974.0 million.” 10-K for 2022	acquisition	In 2022	$974.0 million
112 self-storage facilities Word for word“In 2021, we acquired 112 self-storage facilities comprising 7.9 million square feet in Alabama (7), Arizona (4), California (1), Colorado (3), Connecticut (6), Florida (31), Georgia (16), Illinois (4), Kentucky (1), Maine (1), New Hampshire (4), New Jersey (5), New York (1), North Carolina (6), Ohio (1), Oklahoma (2), South Carolina (5), Tennessee (1), Texas (10), Virginia (1), and Washington (2) for a total purchase price of $1,696.3 million, which is net of the Company's equity in profit from the acquisitions of the New York store and three Georgia facilities purchased from unconsolidated joint ventures.” 10-K for 2022	acquisition	In 2021	$1,696.3 million
40 self-storage facilities Word for word“In 2020 we acquired 40 self-storage facilities comprising 3.1 million square feet in California (8), Florida (6), Georgia (1), Missouri (1), New Jersey (7), New York (1), Ohio (6), Pennsylvania (4), South Carolina (1), and Texas (5) for a total purchase price of $532.6 million.” 10-K for 2022	acquisition	In 2020	$532.6 million
four self-storage facilities Word for word“We are actively pursuing acquisitions in 2023 and at December 31, 2022 we were under contract to acquire four self-storage facilities for an aggregate purchase price of $70.8 million.” 10-K for 2022	agreed acquisition	at December 31, 2022	$70.8 million

Deal filings since 2016

2023-07-20 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2023-07-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-05-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-04-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-08-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-07-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-10-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-09-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-09-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-06-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-12-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-09-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-09-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-06-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-05-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-06-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-03-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-12-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-11-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-07-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-07-18 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-07-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-06-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-06-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-05-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-05-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-04-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-01-26 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-01-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-01-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Life Storage’s annual reports (10-K for 2022, 10-K for 2021, 10-K for 2020) and the financial data it files with the SEC, as of 2023-02-24. 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.