MCSS Development & Investment LLC has named Ben Carr its new President. Carr will work closely with MCSS founders Jay Massirman, Steve Garchik and Steve McBride on the successful execution of the joint venture’s strategic plan.
Carr brings substantial experience cultivated over a two-decade career to MCSS. In his new role, Carr is responsible for leading the MCSS team, overseeing the venture’s national investment and development activities, raising capital for new self-storage facility purchases and executing existing and new facility operating strategies. MCSS recently launched an acquisitions platform to invest in facilities in key urban markets throughout the nation.
“We are thrilled to add someone of Ben Carr’s caliber to guide MCSS in our continued growth and expansion,” Massirman said. “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.”
Prior to joining MCSS, Carr launched and operated a self-storage investment fund while providing consulting services for numerous large private equity groups interested in self-storage investment. That followed his tenure as Chief Investment Officer of LifeStorage in Roseville, CA. In that role, Carr grew the company’s portfolio approximately 50 percent in just two years and supported the successful sale of the entire portfolio for $1.35 billion.
Carr also spent eight years at CubeSmart, where he held the roles of Vice President, Investments and Controller. Before that, Carr spent several years in various roles with PricewaterhouseCoopers.
“This is a premier opportunity within the self-storage industry and I am excited to join the company,” Carr said. “The entrepreneurial spirit of the founders and team at MCSS creates an exciting and inspiring environment. I have been involved in all facets of the self-storage industry and look forward to applying my expertise to fuel the continued growth of MCSS.”
TJO hires CFO
Houston-based The Jenkins Organization has hired Jon Nordan to serve as its chief financial officer. The Jenkins Organization is a self-storage and RV park owner, developer and management company operating over 60 properties throughout Texas, Oklahoma, Virginia, Missouri, Minnesota and Louisiana.
Nordan, who is a Certified Public Accountant, comes to The Jenkins Organization with over 25 years of experience in many finance-related roles. He has held leadership roles with a Fortune 250 company, managed his own start-up construction firm, and was most recently the CFO of a mid-sized industrial services firm. At TJO, Nordan will partner with the President and COO in order to develop and execute on its strategy of growth and profitability to maintain its position as a leading organization in the industry.
“We are very excited that Jon is joining our team,” said Ricky Jenkins, President of TJO. “His past experience and expertise will help us tremendously as we continue to grow as a company”
The Jenkins Organizations’ growth is continuing in 2019 with 12 new development projects, 2 new acquisition properties, and expansions of 2 existing facilities.