Extra Space Storage Inc. (NYSE:EXR) acquired Five Storage Facilities across Georgia and Carolina from Space Shop Self Storage for $59.5 million on February 11, 2022. The portfolio sale included five properties such as a 75,000-square-foot facility in Covington, Ga.; three properties throughout Charleston totaling 175,000 square feet; and a 75,000-square-foot facility in Cary, N.C. The portfolio sold for an average of $183 per square foot.

Extra Space Storage Inc. (NYSE:EXR) completed the acquisition of Five Storage Facilities across Georgia and Carolina from Space Shop Self Storage on February 11, 2022.