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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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