Valued at a market cap of $31.9 billion, Extra Space Storage Inc. (EXR) is a self-administered and self-managed real estate investment trust (REIT). Headquartered in Salt Lake City, Utah, the company owns, operates, manages, provides lending to, acquires, develops, and redevelops self-storage properties (stores).
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Extra Space Storage fits this description perfectly. The company is the largest operator of self-storage properties in the country and offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage, and business storage.
