U-Store-It officials did not comment for the article. Sourcessay the 8,500-square-foot office in Downtown Cleveland will bevacated Dec. 31 when employment agreements with two executives willnot be renewed, according to regulatory filings.

The company, which went public in 2004, owns 394 facilitiestotaling 25.4-million square feet. During its third quarter, FFOincreased 18.7%, to $16.3 million, while net income came in at $4million compared to a loss of $4.1 million during the same year-agoperiod.

Read the full Plain Dealer article here.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.