Extra Space Storage completed the acquisition of Storage Express for $590m.

Extra Space Storage, a real estate investment trust, completed the acquisition of Storage Express, a company that owns 107 remote storage properties, for $590m. "We are excited about the merger of these two great companies and the expansion of our national portfolio and operating platform. In addition to increased scale, this acquisition provides a new growth channel for Extra Space Storage to add smaller, remote-managed stores in both new and existing markets through acquisition and third-party management. I want to thank the employees of both companies for their hard work and strong execution on this transaction," Joe Margolis, Extra Space Storage CEO.