{"id":1004400104,"date":"2020-03-16T05:02:17","date_gmt":"2020-03-16T13:02:17","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004400104"},"modified":"2025-02-28T00:10:52","modified_gmt":"2025-02-28T08:10:52","slug":"extra-space-storage-promotes-2-executives","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/extra-space-storage-promotes-2-executives\/","title":{"rendered":"Extra Space Storage Promotes 2 Executives"},"content":{"rendered":"
\"\"<\/a>

Samrat Sondhi, Executive Vice President & Chief Marketing Officer, and Matthew Herrington, Executive Vice President & Chief Operations Officer, Extra Space Storage. Images courtesy of Extra Space Storage<\/i><\/p><\/div>\n

Extra Space Storage has promoted two of its executives following the retirement of Executive Vice President & Chief Marketing Officer James Overturf, who has worked for the company for 21 years. Samrat Sondhi will replace Mr. Overturf, while Matthew Herrington will take over Sondhi’s responsibilities. The changes are effective June 30.<\/p>\n

The company\u2019s board of directors has appointed Sondhi to be the new chief marketing officer. Currently serving as executive vice president & chief operations officer, he has been a part of the firm\u2019s executive team since 2014. Previously, he served as senior vice president of revenue management. Sondhi joined the company in 2005, following Extra Space Storage’s acquisition of Storage USA, where he served as vice president. Sondhi has earned an MBA from Carnegie Mellon University and a bachelor\u2019s degree in electronics from Pune University, India.<\/p>\n

Sondhi will be passing the torch to Herrington, who has served as senior vice president of operations for the past five years. Herrington joined the company in 2007 and has held roles such as divisional vice president and senior district manager. He has earned a Master of Science degree in management from Baker University and a bachelor\u2019s degree in business administration from University of Nebraska \u2013 Kearney.<\/p>\n

Extra Space Storage’s appointments come at a time when self storage rents are recovering<\/a> from the negative impact of new completions. In February, rent prices for standard 10×10 non-climate-controlled units dropped 0.9 percent over the previous month, an 80 basis points improvement compared to January’s 1.7 percent decline. Additionally, rents decreased 2.3 percent for climate-controlled units of the same size, 70 basis points below the previous month’s 3.0 percent drop, according to Yardi Matrix.<\/p>\n","protected":false},"excerpt":{"rendered":"

Samrat Sondhi will serve as chief marketing officer, while Matthew Herrington was promoted to chief operations officer.<\/p>\n","protected":false},"author":1269,"featured_media":1004400107,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742,21744],"tags":[35738],"class_list":["post-1004400104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-latest","category-people","tag-extra-space-storage"],"acf":[],"yoast_head":"\nExtra Space Storage Promotes 2 Executives - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/extra-space-storage-promotes-2-executives\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Extra Space Storage Promotes 2 Executives\" \/>\n<meta property=\"og:description\" content=\"Samrat Sondhi will serve as chief marketing officer, while Matthew Herrington was promoted to chief operations officer.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/extra-space-storage-promotes-2-executives\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-16T13:02:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-28T08:10:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/Samrat-Sondhi-and-Matthew-Herrington.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/extra-space-storage-promotes-2-executives\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/extra-space-storage-promotes-2-executives\\\/\"},\"author\":{\"name\":\"the Editors of Commercial Property Executive\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1b82b91678533ae5d40e3240086a42bb\"},\"headline\":\"Extra Space Storage Promotes 2 Executives\",\"datePublished\":\"2020-03-16T13:02:17+00:00\",\"dateModified\":\"2025-02-28T08:10:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/extra-space-storage-promotes-2-executives\\\/\"},\"wordCount\":315,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/extra-space-storage-promotes-2-executives\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/03\\\/Samrat-Sondhi-and-Matthew-Herrington.jpg\",\"keywords\":[\"Extra Space Storage\"],\"articleSection\":[\"National\",\"News\",\"People\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/extra-space-storage-promotes-2-executives\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/extra-space-storage-promotes-2-executives\\\/\",\"name\":\"Extra Space Storage Promotes 2 Executives - 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