A spokesperson for Follett's says it was a business decision. Property values kept increasing, but sales did not, so the building is being sold to JSM Development.
There are more than 900 Follett's locations in the U.S. and Canada, but none of them will sell UI gear. The company spokesperson says they'll have special sales between now and the store's last day.
JSM will bring a few different retail stores to the building. No word yet what those will be.