Golf Cart Rollover Results in Death of 77-Year-Old Storage Facility Employee

A 77-year-old employee of Extra Space storage in Marlborough, New Hampshire died after a golf cart rollover and entrapment. Police found the man pinned underneath the cart, which was in neutral when it rolled down a steep embankment. The golf cart was equipped with seatbelts but they were not in use. The incident was witnessed by a nearby motel employee who called 911. Officials do not anticipate any criminal charges.

Analysts have weighed in on the real estate sector following a tragic incident at Extra Space Storage (EXR) in Marlborough, New Hampshire. A 77-year-old employee died after a golf cart rollover and entrapment. The incident, which occurred on September 12, 2025, resulted in the employee being pinned underneath the cart, which was in neutral when it rolled down a steep embankment. The golf cart was equipped with seatbelts, but they were not in use. The incident was witnessed by a nearby motel employee who called 911. Officials do not anticipate any criminal charges Analysts Offer Insights on Real Estate Companies: Extra Space Storage (EXR) and SmartStop Self Storage REIT, Inc. (SMA)^[1].

Analyst Ratings and Price Targets

Extra Space Storage (EXR)
Analysts have maintained a Hold rating on Extra Space Storage (EXR) with varying price targets. Ronald Kamdem from Morgan Stanley has a Hold rating with a price target of $155.00, while BMO Capital also maintains a Hold rating with a $160.00 price target. The company's shares closed last Tuesday at $143.97. The analyst consensus is a Moderate Buy with a price target consensus of $156.76, representing a 9.1% upside Analysts Offer Insights on Real Estate Companies: Extra Space Storage (EXR) and SmartStop Self Storage REIT, Inc. (SMA)^[1].

SmartStop Self Storage REIT, Inc. (SMA)
Michael Mueller from J.P. Morgan has a Buy rating on SmartStop Self Storage REIT, Inc. (SMA) with a price target of $41.00. The company's shares closed last Tuesday at $38.38, close to its 52-week high of $39.77. The analyst consensus is a Strong Buy with a price target consensus of $40.13, which is a 3.6% upside from current levels. Truist Financial also maintained a Buy rating on the stock with a $39.00 price target Analysts Offer Insights on Real Estate Companies: Extra Space Storage (EXR) and SmartStop Self Storage REIT, Inc. (SMA)^[1].

References

Analysts Offer Insights on Real Estate Companies: Extra Space Storage (EXR) and SmartStop Self Storage REIT, Inc. (SMA)^[1] The Globe and Mail. (2025, September 12). Analysts offer insights on real estate companies Extra Space Storage (EXR) and SmartStop Self Storage REIT, Inc. (SMA). Retrieved from https://www.theglobeandmail.com/investing/markets/stocks/SMA/pressreleases/34865317/analysts-offer-insights-on-real-estate-companies-extra-space-storage-exr-and-smartstop-self-storage-reit-inc-sma/