Prior to acquisition, Life Storage was the 4th largest self-storage company in the U.S. and led the industry in growth for several years. The company operated more than 1,200 storage facilities in 37 states and the District of Columbia. Founded in 1982, it evolved from a financial planning firm to become one of the largest self-storage operators.
Cyborg Score Rationale
Company no longer operates as an independent public entity following acquisition by Extra Space Storage in September 2023. Historical operations data is available but forward-looking analysis is not applicable.
Top Insights
Prior to acquisition, Life Storage operated 1,198 self-storage properties across 37 states, serving over 690,000 customers with a focus on residential and commercial storage with climate-controlled and drive-up options.
As of January 2026, historical TTM earnings reported at $1.05 billion USD, reflecting the company's final period as an independent entity before full integration into Extra Space Storage.
Company was delisted from NYSE after Extra Space Storage acquisition closed in September 2023, marking end of independent shareholder ownership and public trading.