LIFE STORAGE, INC.

(LSI)
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Business Summary
Logo Life Storage, Inc.
Life Storage, Inc. is a self-administered and self-managed real estate investment trust (REIT) that acquires, owns and manages self-storage properties. The Company’s assets are owned by, and all its operations are conducted through Life Storage Holdings, Inc. (Operating Partnership), is a wholly-owned subsidiary of the Company. The Company operates approximately 970 self-storage properties in 33 states. The Company’s properties are located in various states of the United States, such as Alabama, Arizona, Colorado, California, Florida, Georgia, Maine, Kentucky, Nevada, New Jersey, Ohio, North Carolina, South Carolina, Texas, and Virginia.

Number of employees : 2 241 people.
Sales per Business
20202021Delta
Rental539.5587.5%690.7687.6% +28.02%
Tenant Insurance44.747.3%58.107.4% +29.86%
Management and Acquisition Fee17.412.8%22.132.8% +27.12%
Other15.072.4%17.582.2% +16.65%
USD in Million
Sales per region
20202021Delta
United States616.77100%788.57100% +27.85%
USD in Million
Managers
Name Title Age Since
Joseph Saffire Chief Executive Officer & Director 51 2019
Andrew Gregoire Chief Financial Officer 53 2012
David Dodman Chief Operating Officer 48 2021
Kate White SVP-Human Resources & Corporate Communications 43 2020
Members of the board
Name Title Age Since
Mark Barberio Non-Executive Chairman 58 2018
Stephen R. Rusmisel Lead Independent Director 75 -
Arthur L. Havener Independent Director 50 2015
Edward J. Pettinella Independent Director 69 2018
Dana K. Hamilton Independent Director 52 2018
Susan S. Harnett Independent Director 64 2021
David Rogers Director 65 2019
Joseph Saffire Chief Executive Officer & Director 51 2019
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 84,364,912 83,935,673 99.5% 0 0.0% 99.5%
Shareholders
NameEquities%
The Vanguard Group, Inc. 12,242,594 14.5%
SSgA Funds Management, Inc. 4,499,491 5.34%
Wellington Management Co. LLP 3,844,225 4.57%
BlackRock Fund Advisors 3,169,216 3.76%
CenterSquare Investment Management LLC 2,478,966 2.94%
Massachusetts Financial Services Co. 2,408,528 2.86%
RREEF America LLC 1,743,361 2.07%
Invesco Advisers, Inc. 1,462,243 1.74%
Norges Bank Investment Management 1,358,140 1.61%
Ceredex Value Advisors LLC 1,296,675 1.54%
Company contact information
Life Storage, Inc.
6467 Main Street
Williamsville
Buffalo, NY 14221

Phone : +1.855.964.0792
Web : http://www.lifestorage.com
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Sector Self-Storage REITs