Life Storage, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of self-storage properties. The company is headquartered in Williamsville, New York and currently employs 2,508 full-time employees. The firm owns its assets and conducts its operations through Life Storage LP (Operating Partnership) and subsidiaries of the Operating Partnership. The firm has an ownership interest in and/or managed 1,198 self-storage properties in 37 states and the District of Columbia. Among its 1,198 self-storage properties are 141 properties that it manages for unconsolidated joint ventures, 299 properties that it manages and have no ownership interest, and five properties that it lease. The firm serves both residential and commercial storage customers with storage units rented by month. The company owns a direct or indirect interest in about 899 of the properties through the Operating Partnership, which includes 758 wholly owned properties and 141 properties owned by unconsolidated joint ventures.
Industry: Real Estate Investment Trusts Peers: American Tower Corp CubeSmart Extra Space Storage Inc Gaming and Leisure Properties Inc Iron Mountain Inc Lamar Advertising Co National Storage Affiliates Trust Weyerhaeuser Co
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