Latest news with #ExtraSpaceStorage
Hindustan Times
3 days ago
- Hindustan Times
Who is Jeremiah Hendrix? Black Tie Moving Nashville employee fired after video shows him attacking a trans woman
Nashville-based moving company Black Tie Moving has fired an employee after a video surfaced showing him attacking a transgender woman. The video quickly went viral, sparking public outrage. In a statement released Monday, the company condemned the alleged assault. 'We were made aware of an incident that took place over the weekend at a storage facility in Nashville, TN, involving one of our employees and another individual, a member of the LGBTQ+ community,' Black Tie Moving said. 'Security footage captures a physical altercation that is deeply troubling and entirely unacceptable.' 'When the incident was brought to our attention, we took immediate and decisive action to terminate the employee involved. We also proactively contacted law enforcement and have offered our full cooperation to support a thorough and unbiased investigation," the statement added. 'Black Tie Moving remains committed to learning, growing, and doing what is right, not just in moments of success, but especially in moments that test our character. There is no place in our company, our industry, or our society for violence, intimidation, or cruelty. We will not tolerate it, and we will take immediate action whenever it is brought to our attention." A post shared by Black Tie Moving (@blacktiemovingofficial) While the company did not name the employee, the victim, Tyla, identified him as Jeremiah Hendrix in an Instagram post. According to Tyla's Instagram post, the incident occurred on May 30 at Extra Space Storage, a self-storage facility in Nashville. Tyla and a queer friend were reportedly verbally harassed by five men working as movers at the property. Tyla reported the harassment to Extra Space Storage staff and began walking to her car. 'As we walked, the 5 men begin verbally harassing us again, we tried to just get to the car safely without any sort of interaction. We had a screaming match outside of our vehicle until one man started walking up on us telling us that we're still men and he could beat us,' Tyla wrote. Fearing for her safety, Tyla reported the harassment again. However, the movers were still allowed access to the building. 'Scared for my safety. we proceeded with letting the Extra Space Storage know that we were harassed a second time which the employees should have locked the building down, instead the movers were about to get into the building, which led to Jeremiah Hendrix physically attacking me, he said I had assaulted him by throwing drink in his direction (police confirmed that's not what happened) his attack was intentional and came from hate. this is the first time ever in Nashville I've ever felt so unsafe, terrified for my safety in that moment a grown man twice my size fully trying to beat me,' she wrote. Tyla shared CCTV footage of the attack, which quickly went viral on social media and sparked widespread outrage. Many users responded by flooding Black Tie Moving's official pages with negative reviews.
Yahoo
19-05-2025
- Business
- Yahoo
Extra Space Storage Announces Executive Leadership Transition
Scott Stubbs to Retire as Chief Financial Officer, to be Succeeded by Jeff Norman, Senior Vice President of Capital Markets and Treasury, Effective July 1, 2025 SALT LAKE CITY, May 19, 2025 /PRNewswire/ -- Extra Space Storage Inc. (NYSE:EXR) (the "Company") announced today the planned succession for its Executive Vice President and Chief Financial Officer, P. Scott Stubbs, who will retire on December 31, 2025. Mr. Stubbs has spent 25 years in various roles with Extra Space Storage, most recently as the Chief Financial Officer since 2011. Mr. Stubbs has been instrumental in the Company's success over the past decades as an integral member of the management team that has grown the company from fewer than 100 stores to more than 4,000 locations today. The Board of Directors of Extra Space Storage has selected Jeff Norman, the Company's current Senior Vice President of Capital Markets and Treasury, to succeed Mr. Stubbs as Executive Vice President, Chief Financial Officer. Mr. Norman will assume the responsibilities of Chief Financial Officer beginning July 1, 2025. Mr. Stubbs will remain a member of the Company's Executive Committee until his retirement, and he will continue to work closely with Mr. Norman and the Company's finance and accounting functions through December 31, 2025. Mr. Norman has been with the Company since 2012 and has served on the Company's senior management team since 2014, operating in various roles including Director of Financing, Vice President Investor Relations, and most recently as Senior Vice President of Capital Markets and Treasury. Mr. Norman was instrumental in establishing the Company's bridge lending platform, Extra Space Capital, as well as its sustainability program. Mr. Norman was also central in obtaining and maintaining the Company's public credit ratings and has managed the Company's risk management function since 2022. Prior to joining the Company, Mr. Norman served for over eight years at Zions Bank's National Real Estate Group in multiple roles concluding as a Vice President. Mr. Norman holds a Master's in Business Administration and a Bachelor's of Arts in Finance from the University of Utah. "We congratulate Scott on his upcoming retirement and thank him for his tremendous contributions to Extra Space's success for over 25 years," commented Joe Margolis, Chief Executive Officer. "Scott has been a constant at Extra Space, advising all three of the Company's CEO's and acting as a key partner to our investors and bankers. Scott has been a significant contributor to our company's strategy, growth, and the evolution of our solid balance sheet." "We are also excited to have Jeff Norman join the executive team, and we have full confidence in his ability to lead our accounting and finance functions," Margolis said. "Jeff has been a primary contact for our investors, analysts and bankers for over a decade, and he has been intentionally prepared for this transition into his new role at Extra Space." The Extra Space Storage team, including Mr. Stubbs, and will be attending and presenting at the REITweek: 2025 Investor Conference in New York, NY on June 2-5, 2025. To schedule time to meet with the team, email About Extra Space Storage Inc.: Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a fully integrated, self-administered and self-managed real estate investment trust, and a member of the S&P 500. As of March 31, 2025, the Company owned and/or operated 4,099 self-storage properties, which comprise approximately 2.8 million units and approximately 315.0 million square feet of rentable storage space operating under the Extra Space brand. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. It is the largest operator of self-storage properties in the United States. Forward-Looking Statements: Certain information set forth in this release contains "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements include statements concerning the terms, timing and completion of the offering of securities by Extra Space and the operating partnership, including the anticipated use of proceeds therefrom. In some cases, forward-looking statements can be identified by terminology such as "believes," "estimates," "expects," "may," "will," "should," "anticipates," or "intends," or the negative of such terms or other comparable terminology, or by discussions of strategy. All forward-looking statements are based upon our current expectations and various assumptions. Our expectations, beliefs and projections are expressed in good faith and we believe there is a reasonable basis for them, but there can be no assurance that management's expectations, beliefs and projections will result or be achieved. There are a number of risks and uncertainties that could cause our actual results to differ materially from the forward-looking statements contained in or contemplated by this release. Such risks and uncertainties include without limitation those associated with market risks and uncertainties and the satisfaction of customary closing conditions for an offering of securities, as well as the risks referenced in the "Risk Factors" section included in our most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q. All forward-looking statements apply only as of the date of this release. We undertake no obligation to publicly update or revise forward-looking statements which may be made to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events. Investor Relations Contact: Jared Conley, Extra Space Storage, 801-365-1759, Media Contact: McKall Morris, Extra Space Storage, 801-365-4611, info@ View original content to download multimedia: SOURCE Extra Space Storage, Inc. Sign in to access your portfolio
Yahoo
10-05-2025
- General
- Yahoo
Fire at Boardman storage facility draws firefighters from multiple departments
BOARDMAN, Ohio (WKBN) – Multiple departments from across Mahoning County are responding to a fire at a storage facility in Boardman. There's an active scene Saturday afternoon at the ExtraSpace Storage on Route 224. A First News crew on the scene reported seeing the smoke coming from the back of one of the buildings around 1 p.m. We are working to learn more and will update you when we have more information. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
09-04-2025
- Business
- Yahoo
Extra Space Storage (NYSE:EXR) Sees 14% Share Price Decline Over The Past Week
Extra Space Storage experienced a 14% decline in its share price over the past week. This movement mirrors broader market trends, as the Dow Jones and S&P 500 indexes also saw significant declines amidst heightened volatility and economic uncertainty spurred by newly imposed tariffs. The persistent market-wide retreat suggests that any events specific to Extra Space Storage during this period would have been weighted against the broader bearish sentiment affecting equities, rather than driving unique or divergent market reactions for the company. Therefore, the company's price move seems aligned with the general negative market direction. We've discovered 1 warning sign for Extra Space Storage that you should be aware of before investing here. Uncover the next big thing with financially sound penny stocks that balance risk and reward. The recent 14% decline in Extra Space Storage's share price, alongside broader market fluctuations, highlights the interconnectedness of the company's performance with broader economic conditions such as newly imposed tariffs. While short-term market volatility presents challenges, it is important to consider the longer-term trajectory. Over the past five years, Extra Space Storage's total shareholder return, incorporating both share price and dividends, has been 59.03%. This figure provides a contrasting perspective to the recent downturn and underscores the importance of viewing performance over multiple time horizons. Over the past year, Extra Space Storage underperformed the US market, returning 3.8%, and trailed behind the US Specialized REITs industry, which experienced a 2.9% downturn. The recent decrease in share price, while aligned with current market sentiment, impacts the company's outlook as reflected in revenue and earnings forecasts. Analysts anticipate challenges in revenue growth due to economic headwinds, projecting a decrease of 1.6% annually over the next three years. Meanwhile, earnings are expected to grow to US$1.1 billion by April 2028, signaling cautious optimism. Considering the share price's proximity to the analyst price target of US$165.0, which is 10.4% higher than the current level of US$147.84, there is potential for upward movement should anticipated earnings and revenue materialize as projected. However, the reliance on bridge loans and joint ventures may pose risks under fluctuating interest rates, affecting future earnings stability. It's crucial for investors to weigh these variables while forming a comprehensive view of the company's prospects in the face of broader market dynamics. Evaluate Extra Space Storage's historical performance by accessing our past performance report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:EXR. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
13-03-2025
- Business
- Yahoo
What's being built in Avondale? Self-storage facility opening soon
Location: Southwest corner of Indian School and Osborn roads, directly south of a neighborhood that includes residents from both Avondale and Litchfield Park. Description: Extra Space Storage is building a new 564-unit storage facility atop a 2.3-acre site that has been undeveloped for nearly 30 years. About 110,000 square feet of the facility will be used for storage space, while another 900 feet will go toward office space. History: The Avondale City Council approved a conditional use permit for the project in 2021 after city staff and the Planning and Zoning Commission recommended approval. However, that permit expired after the development didn't proceed within two years, so the company was required to apply for a new one. A year ago last month, the Planning and Zoning Commission deadlocked in a 2-2 vote on whether to approve the new permit, which essentially meant it was denied. Extra Space Storage appealed the issue to city leaders, who unanimously approved the permit in August. When will the work be done? According to Adam Baugh, an attorney with Whitney Morris Baugh, which represented Extra Space Storage, the project is expected to be completed by the end of June. Like this story? Get more West Valley news straight into your email inbox by signing up for our free weekly West Valley Newsletter, which comes out on Tuesdays. Shawn Raymundo covers the West Valley cities of Glendale, Peoria and Surprise. Reach him at sraymundo@ or follow him on X @ShawnzyTsunami. This article originally appeared on Arizona Republic: New Extra Space Storage opening in Avondale in June
