Extra Space Storage Inc.

Extra Space Storage Inc. NYC portfolio

$151.9 million* – industrial 100%; Queens 62%, Bronx 22%

894th largest portfolio by dollar value

364,962 sqft – industrial 100%;

777th largest by SF

6 properties – Bronx 50%, Queens 33%

1301th largest

Company Activity past 24 months:

Buyer company: 3 for $110.2 million

Lender company: 3 for $25.8 million

Top Ten Associated Companies:

Life Storage (3), Equity Resource Investments (3), SNL Storage (2), Tuck-it-Away (1), LSC Development (1)

Top Ten Associated People:

Eggert Dagbjartsson (3), Matthew Sprayregen (1)

Recent activity as company:

Equity Resource Investments and SNL Storage borrowed $9 million from Extra Space Storage Inc. for 4139 Boston Road, Eastchester, Bronx on July 30, 2024.

Equity Resource Investments and SNL Storage borrowed $7.1 million from Extra Space Storage Inc. for 629 3rd Avenue, Greenwood Heights, Brooklyn on July 25, 2024.

Equity Resource Investments borrowed $9.7 million from Extra Space Storage Inc. for 1249 Coney Island Avenue, Midwood, Brooklyn on July 15, 2024.

Life Storage sold 134-31 Montauk Street, St. Albans, Queens for $38.2 million to Extra Space Storage Inc. on December 01, 2023.

Life Storage sold 1430 Bruckner Boulevard, Soundview, Bronx for $15.8 million to Extra Space Storage Inc. on November 30, 2023.

Life Storage sold 29-01 Review Avenue, Long Island City, Queens for $56.2 million to Extra Space Storage Inc. and Equator Capital Management on November 29, 2023.

Tuck-it-Away sold 1112 Brook Avenue and 1045 Webster Avenue, Morrisania, Bronx for $15.3 million to Extra Space Storage Inc. on January 20, 2022.

LSC Development sold 155 Empire Boulevard, Crown Heights, Brooklyn for $22.8 million to Extra Space Storage Inc. on December 13, 2019.

Latest Stories:

• Equity Resource, SNL sign $7.1M refi with Extra Space Storage in Greenwood Heights (July 26, 2024)

• Extra Space Storage acquires $56.2M stake in LIC storage from Life Storage (November 30, 2023)

• Life Storage pays $18M to Safe N Lock Self Storage for industrial in Soundview (September 02, 2022)

• Extra Space Storage pays $15.3M to Sprayregens of Tuck-it-Away for storage in Bronx (January 21, 2022)

• Matthew Sprayregan signs $38M loan with M&T Bank for seven storage buildings in NYC (May 18, 2021)

• Life Storage pays $36.4M to Safe N Lock for property in Springfield Gardens (March 15, 2021)

• Safe N Lock receives TCO for 27K sf storage building in Midwood (December 16, 2020)

• The public company Extra Space Storage pays $23M to LSC Development for new storage building in Crown Heights (December 16, 2019)

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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