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Oct 31, 2018 • 4:10 PM EDT

Q3 2018 Quarterly Results

Quarter Ended Sep 30, 2018

Life Storage Building

Serving Both Residential and Commercial Storage Customers

700+

Storage Facilities

28

States

50.5 MM

Net Rentable Square Feet

3.6%

Increased same store revenues by 3.6% compared to Q3 2017

42

Added 42 new properties to its third-party management platform. Total managed locations now exceed 200

$1.45

Achieved adjusted funds from operations of $1.45 per fully diluted share, a 4.3% increase over Q3 2017

$1.00

Paid quarterly dividend of $1.00 per share of common stock

Stock Snapshot

Day Range
52 Week Range

A Leader in the Self-Storage Industry

Life Storage, Inc. is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self-storage facilities. Located in Buffalo, New York, the Company operates more than 700 storage facilities in 28 states. The Company serves both residential and commercial storage customers with storage units rented by month. Life Storage consistently provides responsive service to its 375,000-plus customers, making it a leader in the industry.

Our People Are The Source Of Our Success

Our purpose is to help people love how they look, and we accomplish this by providing a personal, convenient, one-of-a-kind shopping experience with compelling products and world-class service.

IR Contacts

Home Office

6467 Main St.
Buffalo, NY 14221
T: (716) 633-1850

Investor Relations

David Dodman
6467 Main St.
Buffalo, NY 14221
T: (716) 633-1850

Transfer Agent

American Stock Transfer & Trust
6201 15th Avenue
Brooklyn, NY 11219
T: (877) 476-4394
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