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Life Storage, Inc

Life Storage, Inc. is a fully integrated, self-administered and self-managed real estate investment trust (REIT) that acquires and manages self-storage properties throughout the United States. Headquartered in Buffalo, New York, the company employs over 2,000 people and operates approximately 1,000 self-storage facilities encompassing over 68 million square feet in 38 states and the District of Columbia.

Life Storage, Inc. currently operates under the brand name Life Storage® , and is one of the largest self-storage companies in the world. Prior to 2017, the company operated under the brand Uncle Bob’s Self Storage ®.
Founded in 1982, the company was originally a financial planning firm but opened its first self-storage facility in Florida in 1985. Within three years, it owned approximately 30 facilities along the East Coast and accumulated 62 facilities over the next decade. Life Storage was originally known as Sovran Self Storage, Inc., operating under the brand name Uncle Bob’s Self Storage beginning in the late 1980s.
Life Storage went public on the New York Stock Exchange in 1995, trading under the name Sovran Self Storage. Within a year, it grew its holding to 111 self-storage facilities along the East Coast and Texas. Life Storage doubled to 222 facilities by 1999 and by 2003 operated in 21 states.

Life Storage continued its acquisitions throughout the United States, expanding into cities such as Chicago, New York, Atlanta, and St. Louis. It operated 478 facilities by the end of 2013 and 500 facilities by the end of 2014. It made its way to the West Coast in 2016, acquiring California-based LifeStorage LP.
The company rebranded from Sovran Self Storage, Inc. to Life Storage in 2016 and now trades on the New York Stock Exchange under the symbol LSI (formerly NYSE:SSS).
In 2017, the company rebranded its facilities to Life Storage – a name that more closely depicts the Company’s customer-centric focus, progressive growth, and innovative technologies.

Sovran is founded as a Financial Advisory company


Sovran opens first storage facility


All stores are re-branded Uncle Bob’s Self Storage


Sovran Self Storage, Inc is listed on the NYSE


100 stores


200 stores


Uncle Bob’s brand boxes and moving supplies hit stores


Customer Care Center opens


Uncle Bob’s launches the first Humidity Controlled Storage Facility


Uncle Bob’s Trucks hit the road


300 stores


First Online Reservation is taken


First storage facility powered by solar panels


400 stores


First Wine Storage


Blog Launches


Dave Rogers is appointed CEO


500 stores


Customer Care Center open 24-hours


Sovran purchases Life Storage and changes the Uncle Bob’s brand name


Life Storage changes to LSI on Wall Street.


600 Stores


"Rent Now" online rental platform launched


Joe Saffire is appointed CEO


800 Stores


"Rent Now 2.0" released for convenience-based pricing


1000 Stores


First annual Sustainability Report released


Kiosks implemented for payments and rentals


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