U-Store-It Announces the Appointment of Robert G. Blatz as Senior Vice President of Operations
July 29 2010 - 4:30PM
Marketwired
U-Store-It Trust (NYSE: YSI) announced the appointment of Robert G.
Blatz as Senior Vice President of Operations.
Bob Blatz, age 49, served as President and Chief Operating
Officer for American Land Lease (NYSE: ANL) and its predecessors,
Asset Investors Corp. and Commercial Assets Corp. from 1999 through
2009. American Land Lease is a real estate investment trust focused
on active adult retirement communities. Prior to joining American
Land Lease, Mr. Blatz was a Senior Consultant with
PriceWaterhouseCoopers LLC.
Mr. Blatz received his bachelor of science degree in general
engineering from the United States Military Academy at West Point
and a masters in business administration from The George Washington
University. Mr. Blatz served as an officer in the United States
Army for ten years. His assignments included both domestic and
international responsibilities.
Dean Jernigan, Chief Executive Officer of U-Store-It Trust,
commented, "We are very excited to have Bob join the U-Store-It
executive team. Bob's broad-based operational experience will be
incredibly valuable to U-Store-It as we expand our owned and
managed property portfolio. Bob's proven leadership and depth of
knowledge will complement and enhance our core business
operations."
About U-Store-It Trust U-Store-It Trust is a self-administered
and self-managed real estate investment trust. The Company provides
self-storage solutions across the country. U-Store-It owns and or
manages 487 facilities across the United States, and operates the
U-Store-It Network, which consists of approximately 700 additional
self-storage facilities. The Company's self-storage facilities,
storage space and storage solutions are designed to offer
affordable, easily accessible, secure, and in most locations,
climate-controlled storage space for residential and commercial
customers, as well as boat storage and mini storage. According to
the 2009 Self Storage Almanac, U-Store-It Trust is one of the top
four owners and operators of self-storage facilities in the U.S.
For more information, visit www.ustoreit.com.
Forward-Looking Statements This presentation, together with
other statements and information publicly disseminated by
U-Store-It Trust ("we," "us," "our" or the "Company"), contains
certain forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"). Such
statements are based on assumptions and expectations that may not
be realized and are inherently subject to risks, uncertainties and
other factors, many of which cannot be predicted with accuracy and
some of which might not even be anticipated. Although we believe
the expectations reflected in these forward-looking statements are
based on reasonable assumptions, future events and actual results,
performance, transactions or achievements, financial and otherwise,
may differ materially from the results, performance, transactions
or achievements expressed or implied by the forward-looking
statements. Risks, uncertainties and other factors that might cause
such differences, some of which could be material, include, but are
not limited to: national and local economic, business, real estate
and other market conditions; the competitive environment in which
we operate; the execution of our business plan; financing risks,
including the risk of over-leverage and the corresponding risk of
default on our mortgage and other debt; increases in interest rates
and operating costs; our ability to maintain our status as a real
estate investment trust ("REIT") for federal income tax purposes;
acquisition and development risks; changes in real estate and
zoning laws or regulations; risks related to natural disasters;
potential environmental and other liabilities; other factors
affecting the real estate industry generally or the self-storage
industry in particular. The Company refers you to the documents
filed by the Company from time to time with the Securities and
Exchange Commission, specifically the section title "Business -
Risk Factors" in the Company's Annual Report on Form 10-K, which
discuss these and other risks and factors that could cause the
Company's actual results to differ materially from any
forward-looking statements.
We undertake no obligation to publicly update or revise these
forward-looking statements, whether as a result of new information,
future events or otherwise except as may be required in securities
laws.
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