Extra Space Storage plans common stock offering

Extra Space Storage Inc. announced late Tuesday that it will offer 9 million shares of its common stock in a public offering. All of the shares are being offered by the company.

Extra Space said it intends to use the net proceeds from the offering for debt repayment, property acquisitions and general business purposes.

Interested parties may obtain a written preliminary prospectus relating to the common stock offering from UBS Investment Bank, Prospectus Department, 299 Park Avenue, New York, NY 10171, 212-821-3000 or Banc of America Securities LLC, Capital Markets Operations, 100 West 33rd Street, 3rd Floor, New York, NY 10001, dg.prospectus_distribution@bofasecurities.com.

Extra Space Storage is a Salt Lake-based real estate investment trust that owns or operates 638 self-storage properties in 32 states.