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09 Apr 2019

Development and Investment Firm MCSS Welcomes New President

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MCSS has appointed Ben Carr as its new president. In his new position, Carr will be responsible for leading the MCSS team, overseeing the venture’s national investment and development activities, raising capital for the acquisition of new self storage facilities and executing existing and new facility operating strategies.

“We are thrilled to add someone of Ben Carr’s caliber to guide MCSS in our continued growth and expansion,” “Ben’s impressive industry experience, knowledge and contacts will undoubtedly add tremendous value to MCSS and accelerate the strategic vision of the venture’s partners.”

-Jay Massirman, founder, MCSS

Carr brings more than 20 years of experience to his new role. Before joining MCSS, Carr launched and operated a self storage investment fund and provided consulting services for private equity groups interested in the storage business. He also served as chief investment officer at Life Storage’s California-based office. Besides these, Carr spent eight years at CubeSmart, where he served as vice president of investments and controller.

MCSS is a joint venture between Rivergate Companies and SJM Partners which was formed by industry veterans Jay Massirman, Steve Garchik and Steve McBride, to develop urban infill self storage facilities in high value locations nationwide.

MCSS currently has two million square feet of self storage facilities in various stages of development and lease up.

Previously, SJM developed four million square feet of self storage in New York and Washington D.C.

Active markets for MCSS include South Florida, DC, New York City, Boston, Los Angeles and Northern California. In total, the partners have developed over 60 storage facilities over the last 25 years.

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