Utah firm paid $5.79 million for northwest Rochester self storage business [Yahoo! Finance]
Extra Space Storage Inc (EXR)
Last extra space storage inc earnings: 2/18 04:05 pm
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Source: Yahoo! Finance
Under the name of Rochester Storage Partners, LLC, Checketts Development of Provo, Utah, purchased the 20 buildings with 613 storage units at 2301 US Highway 14 West Frontage Road NW on Sept. 20. Checketts made a downpayment of $1.8 million. It also paid $1.69 million for "included personal property, goodwill, in-place leases and tenants, office equipment and supplies, etc." Checketts purchased the complex from Richard Arend, who built it in 1993 and expanded it in 2000. Olmsted County estimated the total market value of the three parcels that comprise the 31-year-old storage business at $4.77 million for 2024-2025. Braden Checketts, who owns Checketts Development with his father Tom Checketts, posted about the deal on social media. "This facility has been owned and operated by the same family since it was developed in the late 90s. It is in good shape with good physical occupancy, at a basis below replacement cost, in a virgin REIT (real estate investment trust) market, wi
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News
- U-Haul Acquires Former Extra Space Storage Facility in Minneapolis [Yahoo! Finance]Yahoo! Finance
- Extra Space Storage Inc. Announces $1 Billion Commercial Paper Note ProgramPR Newswire
- Extra Space Storage Inc. Announces 4th Quarter 2024 DividendPR Newswire
- Decoding Extra Space Storage Inc (EXR): A Strategic SWOT Insight [Yahoo! Finance]Yahoo! Finance
- Extra Space Storage Inc. (NYSE: EXR) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
EXR
Earnings
- 10/29/24 - Beat
EXR
Sec Filings
- 11/19/24 - Form 4
- 11/13/24 - Form 4
- 11/13/24 - Form SC
- EXR's page on the SEC website