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ISS News Desk: Public Storage Accepts $5.75M Settlement in Eminent Domain Case

June 17, 2014

Self-storage real estate investment trust Public Storage Inc. recently accepted a $5.75 million settlement from city officials in Charlotte, N. C. The compensation was offered after the city forced the self-storage operator to close one of its facilities to make room for an extension of the city’s light-rail service.

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