During the January-March period, Extra Space Storage acquired 11 operating stores and three stores at the completion of construction for a total cost of roughly $225 million. In association with joint-venture (JV) partners, EXR acquired two operating stores for a total cost of $42.5 million, of which the company invested $4.3 million. Extra Space Storage added 37 stores (gross) to its third-party management platform. As of Mar 31, 2022, it managed 847 stores for third parties and 288 stores in JVs, with total stores under the management of 1,135. The company did not dispose of any properties during the first quarter. It has two stores under agreement for sale for approximately $41 million.