# Joseph Margolis

> Joseph D. Margolis is the CEO of Extra Space Storage, with a background in real estate law and investment management. His association with Extra Space began as a Prudential investment partner in 1998; he became CEO in 2017 and is scheduled to retire at the end of 2026, with Noah Springer succeeding him.

- **Role:** Chief Executive Officer at Extra Space Storage
- **Organizations:** Extra Space Storage, Penzance Properties, Arsenal Real Estate Funds, Prudential Real Estate Investors, The Prudential Insurance Company of America, Nutter, McClennen & Fish
- **Education:** Harvard College, Columbia University School of Law
- **Known for:** Helped bring Prudential’s $150 million growth investment to Extra Space., Led Extra Space during the Life Storage merger., Ranked No. 25 among Glassdoor’s Best CEOs award recipients in 2026.

## Career timeline

- **1986-1988** — Real estate associate at Nutter, McClennen & Fish.
- **1988-1992** — In-house real estate counsel at Prudential.
- **1992-2004** — Senior positions at Prudential Real Estate Investors in law, capital markets and portfolio management.
- **1998** — Began working with Extra Space as a Prudential joint-venture partner.
- **2004-2011** — Co-founding partner of Arsenal Real Estate Funds.
- **2005-2015** — Extra Space board member.
- **2011-2015** — Senior Managing Director and Partner at Penzance Properties.
- **2015-2016** — Executive Vice President and Chief Investment Officer at Extra Space.
- **2017** — Became CEO on January 1; rejoined the board on May 18.
- **2023** — Oversaw the Life Storage merger, completed July 20.
- **2026** — Retirement announced August 24; scheduled to leave CEO role December 31 and become an adviser to the board.

## Achievements

- Helped bring Prudential’s $150 million growth investment to Extra Space.
- Led Extra Space during the Life Storage merger.
- Ranked No. 25 among Glassdoor’s Best CEOs award recipients in 2026.

## Latest updates

- **2026-08** — Extra Space announced his planned retirement and Springer succession effective January 1, 2027.
- **2026-08** — Named a Glassdoor Best CEOs award recipient, ranking No. 25.
- **2026-05** — Discussed first-quarter results and leadership on the Inside Extra Space Storage podcast.

## Links

- Website: https://www.extraspace.com/

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Profile page: https://yespress.io/joseph-margolis
Published by YesPress — https://yespress.io
Last updated: 2026-10-23