Go Store It, an alternative investment sponsor that focuses on self-storage properties, has appointed Ben Carr as its new president and chief investment officer. In his new position, he will be responsible for leading the Go Store It team, overseeing the company’s national investment and development activities, and executing existing and new facility operating strategies.
“We are thrilled to add someone of Ben Carr’s caliber at Go Store It as we look to continue to grow our platform,” said GSI founder Ryan Hanks.
Carr has more than 20 years of experience, and before joining the company, he served as president of MCSS Development & Investment LLC, which acquires and develops urban infill self-storage facilities in what the company describes as “high-value” locations.
Prior to 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 LifeStorage’s California-based office, and previously spent eight years at CubeSmart, where he served as vice president of investments and controller.
Go Store It recently announced that one of its Delaware statutory trust offerings, Go Store It Wilmington Storage DST, was fully subscribed by investors after raising nearly $5.2 million. This was the company’s second fully subscribed offering in the independent broker-dealer/RIA channel.
Based in Charlotte, Go Store It is an affiliate of Madison Capital Group LLC and specializes in the acquisition, development and management of self-storage assets throughout the country. The company currently has more than 2 million square feet of storage space under management and construction.