Oakland’s Ozumo restaurant, which opened roughly nine years ago, will be closing later this month.

According to owner Jeremy Umland, a number of factors ultimately played a part in the decision, including a changing restaurant industry. The high-profile sushi restaurant, located at 2251 Broadway, will cease operations as of Nov. 20.

Ozumo’s original San Francisco location will remain open.

The restaurant’s roots can be traced back to 2006, when Umland leased an 8,000 square foot Oakland space — the largest restaurant space in the city at the time. His decision embodied Oakland’s efforts at the time to revitalize its uptown community.

The efforts were hampered almost immediately by the 2008 recession.

“We took the largest space in 2006, 8,000 square feet, expecting the boom times to last,” he said. “Once the 2008 recession happened, we realized we had bitten off a lot with that space.”

Umland said a perfect storm of financial pressures made up of escalating occupancy costs, rising costs of labor, and healthcare mandates, made it difficult for the Ozumo to remain profitable. He will return the space to the landlord, who will put it back on the market.

“We loved the community. We always have,” he said. “And they supported us when we needed it.”

Umland said he wouldn’t rule out the idea of taking another run at success in Oakland with Ozumo, but any future decision would be made while keeping in mind the mistakes of the past.

“If we’re have the chance to do something else, it will be on a smaller scale,” he said.