Certainly they would be able to eliminate the vast majority of the headquarters employees. |
I'm sure (Public Storage) expected it. It's been their pattern for the last bunch of quarters. |
The passage of time and Public Storage's price appreciation has allowed Public Storage to seal a deal that is not materially different from the one offered last July. |
There's more potential there that hasn't been realized. We don't know what the portfolio might be able to do in the hands of a different operator. |
We've seen all of the storage operators acquiring, in some cases, huge amounts of properties. |