Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

Subsequent Events
6 Months Ended
Jun. 30, 2022
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On July 8, 2022, the Company completed the sale of five properties with approximately 0.3 million rentable square feet to PS for $47.0 million. These properties were originally contributed to the Company by PS in connection with the Company’s initial public offering in 1998.
On July 15, 2022, the Company announced that, at a special meeting of stockholders held earlier that day, the Company’s common stockholders voted to approve the Company Merger and the other transactions contemplated by the Merger Agreement. Subject to the satisfaction or waiver of all of the conditions to the closing of the transaction in the Merger Agreement, the transaction is expected to be completed on or around July 20, 2022.
The description of the Merger Agreement set forth in these Notes to the Consolidated Financial Statements is only a summary, does not purport to be complete, and is qualified in its entirety by reference to the full text of the Merger Agreement, which is filed as Exhibit 2.1 to the Company’s current report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on April 25, 2022.