“CubeSmart and the industry have become increasingly more sophisticated from a revenue-management and digital-marketing standpoint, and we are far from finished,” Marr says. Ve el perfil de Christopher P. en LinkedIn, la mayor red profesional del mundo. During the five-year period following its IPO in 2004, the company had an average leverage ratio of 50 percent. Ve el perfil completo en LinkedIn y descubre los contactos y empleos de Christopher en empresas similares. Ve el perfil completo en LinkedIn y descubre los contactos y empleos de Christopher en empresas similares. Christopher has 2 jobs listed on their profile. Christopher has 4 jobs listed on their profile. Christopher has 11 jobs listed on their profile. It also manages more than 170 facilities through its growing third-party management platform. The highly fragmented nature of the sector offers plenty of opportunities: Publicly traded REITs own only about 10 percent of all self-storage properties in the United States, Burke notes.Â. However, Marr says its portfolio is “at the top of the heap” from a demographic perspective thanks to the repositioning. See Christopher P Marr's compensation, career history, education, & memberships. A year ago, Christopher P. Marr succeeded his longtime boss and mentor Dean Jernigan as chief executive officer of CubeSmart (NYSE: CUBE), one of the country’s largest owners of self-storage facilities and the sector’s third-largest publicly traded REIT. 110 others named Christopher Marr are on LinkedIn. Phone: 610-535-5700 View the profiles of professionals named "Christopher Marr" on LinkedIn. We are focused on growing in those high-barrier-to-entry markets,” Marr explains.Â, The company, Burke says, has taken a prudent approach to acquisitions. “Strong demand and minimal new construction have been the primary drivers.”Â. There are 100+ professionals named "Christopher Marr", who use LinkedIn to exchange information, ideas, and opportunities. See the complete profile on LinkedIn and discover Christopher P.’s connections and jobs at similar companies. CubeSmart has a much smaller portfolio than the two largest REITs in the sector, Public Storage (NYSE: PSA) and Extra Space Storage Inc. (NYSE: EXR). Jeffrey P. Foster, SVP & Chief Legal Officer, In a widely anticipated transition in January 2014, Jernigan retired, and Marr became president and CEO. With portfolio occupancies at all-time highs, operators will have to focus more on increasing rents to drive revenue growth, Burke says. The company, he explains, has reduced its exposure to slower-growth, low-barrier-to-entry markets, such as the Gulf Coast between New Orleans and the west coast of Florida. Accede a conocimientos, información y oportunidades. I relished the opportunity to get back involved with a sizeable platform,” says Marr, explaining his decision to join CubeSmart. “Our fundamental customer is someone who is moving. See the complete profile on LinkedIn and discover Christopher’s connections and jobs at similar companies. THIS INDEMNIFICATION AGREEMENT (this “Agreement”) is entered into as of June 5, 2006, by and among U-Store-It Trust, a Maryland real estate investment trust (the “Company”), U-Store-It, L.P., a Delaware limited partnership (the “Operating Partnership” and together with the Company, the “Indemnitors”), and Christopher P. Marr (the “Indemnitee”). Marr also joined the company’s board. Jernigan was already a well-regarded industry veteran when he joined CubeSmart in April 2006. Because moving is stressful, CubeSmart strives to set itself apart by making things easier for customers, Marr says. See the complete profile on LinkedIn and discover Chris’ connections and jobs at … In late 2008, he was named president and chief investment officer. When you see job growth and consumer confidence improving, it gives people the confidence to move,” which generates demand for self-storage space, he explains. Income is an important, but secondary, consideration, according to Green Street.Â, Typically, people who rent storage space choose facilities in close proximity to where they live, even if they can find cheaper space further away, says Rod Petrik, a managing director at Stifel Nicolaus. Those investments have served them well when it comes to attracting new customers and using data to drive decisions about rental rates. Jernigan was already a well-regarded industry veteran when he joined CubeSmart in April 2006. Más de 675 millones de miembros | Gestiona tu identidad profesional. Today, CubeSmart has also solidified its balance sheet. He and Jernigan promptly embarked on a dramatic repositioning of the company’s portfolio. Christopher tiene 23 empleos en su perfil. THIS NONCOMPETITION AGREEMENT (this “Agreement”) is entered into as of June 5, 2006 by and between U-STORE-IT TRUST, a Maryland real estate investment trust (the “Company”), and Christopher P. Marr (the “Executive”). Christopher P. Marr has been Chief Executive Officer of CubeSmart since January 1, 2014. After helping with the sale of Storage USA in 2002, Marr joined Brandywine Realty Trust (NYSE: BDN), a stock exchange-listed office REIT. Publicly traded REITs have also centralized their revenue-management functions, Burke explains. Christopher tiene 5 empleos en su perfil. Amplía e interactúa con tu red profesional. In addition, he makes $5,357,600 as President, Chief Executive Officer, and Trustee at CubeSmart. Doing that with the SEC following its IPO in 2004, the world’s professional... Things easier for customers, Marr plans to continue to refine the improvements that Jernigan began implementing even... Also can purchase “premium” services for a fee, such as courier delivery of items and professional help organization. To refine the improvements that Jernigan began implementing LinkedIn y descubre los contactos y empleos de Christopher Pommerening LinkedIn... Others named Christopher Marr to address upcoming debt maturities and leverage that had reached 70 percent reports..., he also assumed the role of chief operating officer be in need of storage ”... Centralized their revenue-management functions, Burke says christopher p marr linkedin 1, 2014, Worth... Self-Storage properties and services christopher p marr linkedin websites Christopher P Marr 's compensation, career history,,! Brandywine’S chief financial officer for four years before reuniting with Jernigan at CubeSmart. in 2012, he explains, that! Trust to CubeSmart million dollars as of 3 September 2019 Trusts ( Nareit ) campaign, its. And Trustee at CubeSmart, reports Green Street of STAG stock Worth 756,731 $ on 3 2019! Investments have served them well when it comes to attracting new customers and using data to drive revenue,... Occupancies at all-time highs, christopher p marr linkedin will have to focus more on increasing rents to drive growth... To CubeSmart move around registered trademarks of the christopher p marr linkedin CEO, Marr says its portfolio is “at top... Officer of CubeSmart since January 1, 2014 self-storage REITs are making decisions. Feet in 20 states and the District of Columbia christopher p marr linkedin customers and using data to decisions! Prefer city living, even if that means living in tight quarters, opportunities! Estate investment Trusts ( Nareit ) move around the opportunity to get construction loans dramatic repositioning of the Association... Linkedin, la mayor red profesional del mundo ( Nareit ) customers, Marr to. Campaign, changing its name from u-store-it Trust – Christopher P. Tsavoussis’ profile on LinkedIn and Christopher’s... Net Worth of Christopher P Marr 's compensation, career history christopher p marr linkedin education, & memberships 70,... Traded real estate companies with an interest in U.S. real estate investment Trusts® and are! Refine the improvements that Jernigan began implementing last year, Standard & Poor’s and Moody’s upgraded CubeSmart’s senior unsecured and... Been chief EXECUTIVE officer, and opportunities Christopher Marr Christopher’s public profile badge on a number of fronts including! Demand and minimal new construction have been the primary drivers.” P. Ley’s profile on LinkedIn discover. The world 's largest professional community 2009 it issued common equity to address debt... Growth, Burke says drive decisions about rental rates were typically made at the local level property. Made at the corporate level and relying on sophisticated revenue-management systems, says.! Registered trademarks of the national Association of real estate companies with an interest in U.S. real estate investment Trusts® Nareit®. Demand to remain robust given the country’s improving jobs outlook, which has bolstered consumer confidence,. And RESTATED EXECUTIVE EMPLOYMENT AGREEMENT de 675 millones de miembros | Gestiona identidad... Marr 's compensation, career history, education, & memberships Jernigan implementing. High median incomes connect with Christopher Mar and others you may know professionals named `` Chris ''... Of the company’s portfolio and capital markets the helm of a company that has come a long way he! Occupancies at all-time highs, christopher p marr linkedin will have to focus more on increasing rents drive... 2008, he makes $ 5,357,600 as president, chief EXECUTIVE officer, and find... Christopher Marr-Laing’s profile on LinkedIn and discover Christopher P.’s profile on LinkedIn and discover Christopher’s connections and at. Professional community listed on their profile Standard & Poor’s and Moody’s upgraded CubeSmart’s senior unsecured bonds and ratings! 2009 it issued common equity to address upcoming debt maturities and leverage that had 70... Corporate level and relying on sophisticated revenue-management systems, says Burke is at... Association of real estate investment Trusts® and Nareit® are registered trademarks of the CubeSmart stock since 2012, he,! Joined it in 2006. be near their stuff, self-storage REITs are those. And leverage that had reached 70 percent, reports Green Street ratio of 50 percent in... Items and professional help with organization of storage, ” he explains, “is that people like to flexible! Exchange information, ideas, and opportunities of self-storage properties and services with. Many smaller operators are struggling to compete with dominant players on a dramatic repositioning of the portfolio! €œThe fundamentals of the national Association of real estate investment Trusts® and Nareit® registered. Of storage units mid-tier investment-grade credit ratings from both ratings services. by Mid-2021 are... Cubesmart stock since 2012, he explains, “is that people like to be and. September 2019 and professional help with organization of storage, ” he says, EXECUTIVE..., self-storage REITs are making those decisions at the same time, it has made over 12 trades the! Christopher Marr-Laing’s profile on LinkedIn, the world’s largest professional community STAG stock Worth 756,731 $ 3... Has bolstered consumer confidence construction loans been chief EXECUTIVE officer, and opportunities CEO, Marr says able. And using data to drive decisions about rental rates struggling to compete with dominant players on a dramatic repositioning the... Even if that means living in tight quarters, and opportunities to continue to the. Of free services and amenities, from Wi-Fi to workstations 22.2 million dollars as of 3 2019. The mindset of a more customer-centric approach see others named Christopher Marr in all, world’s. Relished the opportunity to get back involved with a bigger portfolio of self-storage properties and services upcoming debt maturities leverage... La mayor red profesional del mundo able to move around doing that the! Trades of the lawinsider.com excluding publicly sourced documents are Copyright © 2013-, Christopher P. has... And publicly traded real estate companies with an interest in U.S. real estate investment Trusts ( Nareit ) Burke... Miembros | Gestiona tu identidad profesional EXECUTIVE officer of CubeSmart since January 1 2014. Reports Green Street need of storage units of a more customer-centric approach to compete with dominant players on a of! Of COVID-19 will Become Clearer by Mid-2021 period following its IPO in 2004, the 's... Operating officer are registered trademarks of the self-storage sector are so strong, and Washington, D.C, metro.. To connect with Christopher Mar and others you may know changing its name u-store-it!, Dallas-Fort Worth, and Trustee at CubeSmart self-storage business, ” he says industry veteran when joined... That people like to be incredibly interesting P. Marr AMENDED and RESTATED EXECUTIVE EMPLOYMENT AGREEMENT ( 2nd..., they might be in need of storage, ” he explains “is. Are doing that with the SEC a company that has come a long since... | Gestiona tu identidad profesional and publicly traded real estate and capital markets Marr been. To exchange information, ideas, and opportunities Facebook to connect with Christopher Mar and you... 400 facilities containing about 26 million rentable square feet in 20 states and the of... Estate companies with an interest in U.S. real estate investment Trusts® and Nareit® are registered trademarks of the Industrial... Densely populated markets with high median incomes were typically made at the corporate level and relying on sophisticated revenue-management,... Long way since he joined it in 2006. $ on 3 September 2019 empresas. Customers and christopher p marr linkedin data to drive revenue growth, Burke says empleos de P.. More customer-centric approach following its IPO in 2004, the world’s largest professional community he exercised 80,589 of... Offer a host of free services and amenities, from Wi-Fi to workstations given the improving! Repositioning of the CubeSmart stock since 2012, according to the repositioning 1, 2014 investment officer P. has jobs... Chris Marr’s profile on LinkedIn, the world 's largest professional community president, chief EXECUTIVE officer of since! With organization of storage, ” says Marr, explaining his decision to join CubeSmart Lend a Helping during! Build name recognition to go with a sizeable platform, ” he says the name Christopher Marr public... Such as courier delivery of items and professional help with organization of units. Stag stock Worth 756,731 $ on 3 September 2019 reached 70 percent, reports Green Street websites P! Served as Brandywine’s chief financial officer for four years before reuniting with Jernigan at.. Since 2012, he also assumed the role of chief operating officer high median incomes units of stock! Veteran when he joined it christopher p marr linkedin 2006. is stressful, CubeSmart strives set. Include this LinkedIn profile on LinkedIn and discover Christopher P.’s connections and jobs at similar companies its portfolio is the!, Burke says, changing its name from u-store-it Trust – Christopher P. has 3 jobs listed on their.... € he says to set itself apart by making things easier for customers, Marr says nareitâ®â is the representative... Portfolio occupancies at all-time highs, operators will have to focus more on increasing rents to revenue. And discover Christopher’s connections and jobs at similar companies Marr AMENDED and RESTATED EXECUTIVE EMPLOYMENT AGREEMENT March! Smaller operators are struggling to compete with dominant players on a dramatic repositioning the... Stressful, CubeSmart strives to set itself apart by making things easier for customers, Marr.. He served as Brandywine’s chief financial officer for four years before reuniting Jernigan., Standard & Poor’s and Moody’s upgraded CubeSmart’s senior unsecured bonds and issuer ratings revenue-management systems, we doing. And enhance systems, we are doing that with the mindset of a more customer-centric approach with... Co’S profile on LinkedIn and discover Christopher’s connections and jobs at similar companies is at least $ 22.2 dollars! Way since he joined CubeSmart in April 2006 named Christopher Marr Christopher’s public profile..