USX:LSI - Life Storage Inc Life Storage Inc
Sector: Real Estate, Industry: Specialized REITs
Next Earnings: 30 Apr 2024
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Yahoo Finance Note: This stock seems to be inactive

USD 133.1    -1.02 (-0.76%)

19 Jul 2023


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General

CEO: Mr. Joseph V. Saffire

IPO: 1995-06-20

Headquarters: US

Employees: 2,508

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Description

Life Storage Inc (which was rebranded from Sovran Self Storage, Inc in 2016) is a fully integrated, real estate investment trust that acquires and manages self-storage properties throughout the United States. The company operates under the brand names Life Storage. Approximately under half of the company's revenue is derived from stores in the states of Texas and Florida. The remainder of sales is distributed across the United States. The company's operations in rental income from customers renting storage space on a month-to-month basis generate a majority of operating revenue. The company also offers storage to both individuals of commercial renters and has special storage units available for vehicles and wine.

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