Self-storage operator U-Store-It Trust today closed its public offering of 32.2 million common shares, making approximately $161.2 million. The company intends to use the proceeds to repay existing debt and for general corporate purposes.
BofA Merrill Lynch, Wells Fargo Securities and Morgan Keegan & Co. Inc. served as the joint book-running managers for the offering. SunTrust [...]
Back in the late 1970s, when Washington’s Metrorail system first began operating in Arlington County, Virginia, the future of Arlington and other old, inner suburbs was far from certain. Across the Potomac, the District of Columbia was suffering from depopulation, rapidly rising crime rates, and serious fiscal difficulties.
Meanwhile, on the other side of Arlington, Fairfax [...]
The sun never sets on Upper Iowa University, according to Gov. Chet Culver. The institution serves more than 6,000 students worldwide and has more than 24,000 former students as part of its alumni association.
And it’s that kind of growth that’s driving a $75 million expansion.
The school hosted a ground-breaking ceremony Tuesday afternoon. Culver was the [...]
