Life Storage (LSI) Reports Q2 FFO of $1.39

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Life Storage, Inc. Reports Third Quarter 2017 Results

November 1, 2017 4:10 PM EDT

BUFFALO, N.Y.--(BUSINESS WIRE)-- Life Storage, Inc. (NYSE: LSI) a leading national owner and operator of self storage properties, reported operating results for the quarter ended September 30, 2017.

Mr. David Rogers, Chief Executive Officer stated, In light of a challenging year over year comparable, Life Storages third quarter performance was better than expected. We achieved another record high quarter-end same store occupancy of 92.7%, an 80-basis point increase over last years September 30th occupancy. We are seeing considerable improvement in our organic search and are looking forward to harnessing the... More