Extra Space Storage(R) Announces Acquisition of 28 Properties for $189.9M

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Extra Space Storage Inc.
EXR
acquired 28 self-storage properties for a total purchase price of approximately $189.9 million. The properties are located in California, Florida, Illinois, Massachusetts, New Jersey, New York, and Rhode Island. Of the 28 properties purchased, 25 came from two separate portfolios. Nineteen properties were from the previously announced acquisition of a portfolio located in California. An additional portfolio of six properties was purchased from a joint venture in which the Company held a 10% equity interest.
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