U-Store-It Packs in the Revenue

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Benefiting from 15 self-storage facilities acquisitions since September 2007 and an increase in same-store revenue, U-Store-It Trust's (YSI Quote) third-quarter fiscal 2008 total revenue increased 8.3% to $60.75 million from $56.10 million in third-quarter 2007.

Rental income increased 8.2% to $56.08 million a result of increases in effective rental rates and additional rental income from the 2007 and 2008 acquisitions. Other property-related income improved 14.1% to $4.64 million. ...