Share Price: $24.95 There are 100+ professionals named "Christopher Marr", who use LinkedIn to exchange information, ideas, and opportunities. “There is still plenty of runway to improve those systems.”, Technological advances in digital marketing and revenue management, along with low levels of new supply, have led to record-high occupancies across the sector, according to Green Street. In recent years, the company has paid down that CMBS debt, giving it greater balance sheet flexibility, and funded acquisitions with unsecured debt and common equity.Â, “As that CMBS debt has come due, we have paid it down with a combination of equity and unsecured debt. There are 100+ professionals named "Chris Marr", who use LinkedIn to exchange information, ideas, and opportunities. View Christopher P. Siwale’s profile on LinkedIn, the world’s largest professional community. Ve el perfil de Christopher P. en LinkedIn, la mayor red profesional del mundo. Timothy M. Martin, CFO Publicly traded REITs have also centralized their revenue-management functions, Burke explains. When Jernigan took the helm of the company in 2006, its balance sheet was heavily financed using commercial mortgage-backed securities (CMBS), Marr notes. Nareit's members are REITs and other businesses throughout the world that own, operate, and finance income-producing real estate, as well as those firms and individuals who advise, study, and service those businesses. View Christopher Marra, P.E.’s profile on LinkedIn, the world's largest professional community. Christopher Marr, PHD | New York, New York | 73 connections | See Christopher 's complete profile on Linkedin and connect U-Store-It Trust – CHRISTOPHER P. MARR AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT (March 2nd, 2009). THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Agreement”) is dated as of December 23, 2008 by and between U-STORE-IT TRUST, a Maryland real estate investment trust (the “Company”), and Christopher P. Marr (the “Executive”). Customers also can purchase “premium” services for a fee, such as courier delivery of items and professional help with organization of storage units. See the complete profile on LinkedIn and discover Christopher’s connections and jobs at similar companies. See the complete profile on LinkedIn and discover Christopher’s connections and jobs at similar companies. CubeSmart continues to build name recognition to go with a bigger portfolio of self-storage properties and services. As of the third quarter, Green Street reported that the company had a leverage ratio (net liabilities as a percentage of total assets) of 28 percent, compared with an average leverage ratio of 38 percent among the 90 listed U.S. REITs that Green Street covers. In all, the company owns nearly 400 facilities containing about 26 million rentable square feet in 20 states and the District of Columbia. You can always drive further away and find a cheaper storage unit, but people generally don’t do that.”Â, Marr says CubeSmart will continue to take a disciplined approached to acquisitions, cherry picking stable individual assets and small portfolios of stable facilities in target markets. Mr. Marr is also on the board of STAG Industrial, Inc. and National Association of Real Estate Investment Trusts, Inc. “Strong demand and minimal new construction have been the primary drivers.”Â. He promptly hired Marr, who had worked under him as chief financial officer of Storage USA Inc., a publicly traded REIT that Jernigan founded in 1994 and years later sold to a unit of General Electric Co. Marr joined CubeSmart in June 2006 as its chief financial officer and treasurer. See the complete profile on LinkedIn and discover Christopher’s connections and jobs at similar companies. Sector: Self Storage Website: www.cubesmart.com It is also a major player in the Chicago, Dallas-Fort Worth, and Washington, D.C, metro areas. 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”). As the company’s CEO, Marr plans to continue to refine the improvements that Jernigan began implementing. Amplía e interactúa con tu red profesional. “Dean Jernigan and Chris Marr did a masterful job of managing the company’s balance sheet through the downturn and coming out of the recession were able to pay down debt and improve occupancy levels. 110 others named Christopher Marr are on LinkedIn. Christopher P. has 1 job listed on their profile. The campaign, says Marr, has both alleviated confusion among consumers and boosted name recognition.Â, “In the New York City market, a large percentage of our customers go online and do a direct search for us to start the process of finding storage space that meets their needs. CubeSmart is a much better company today, five years after the recession, than it ever was prior to the recession,” says Petrik of Stifel Nicolaus. “That generation likes to be flexible and be able to move around. View Christopher P. Tsavoussis’ profile on LinkedIn, the world’s largest professional community. See the complete profile on LinkedIn and discover Christopher’s connections and jobs at similar companies. Christopher has made over 12 trades of the CubeSmart stock since 2012, according to the Form 4 filled with the SEC. Christopher Marr We found 83 records for Christopher Marr in Maryland, Washington and 26 other states.Select the best result to find their address, phone number, relatives, and public records. Some analysts say the outlook for the self-storage sector is strong, but fundamentals are likely to slow somewhat following several years of explosive growth. We have found 89 people in the UK with the name Christopher Marr. Christopher P Marr is President/CEO at Cubesmart. Join Facebook to connect with Christopher Mar and others you may know. CHRISTOPHER MARR, director, 5 Jul 1991-20 Nov 1996, VIEWMODERN LIMITED (United Kingdom, 9 May 1986 - ) CHRISTOPHER MARR, director, 9 Feb 1995 - , WELLWAY PHARMACY LIMITED (United Kingdom, 9 Feb 1995 - ) CHRISTOPHER MARR, real property, inactive branch YSI I LLC (Massachusetts (US), 27 Oct 2004-11 Mar 2013) Local entrepreneurs, he explains, still find it difficult to get construction loans. Properties in high-density trade areas have a deeper demand pool from which to draw as the need for self-storage space changes over time, the report states. He promptly hired Marr, who had worked under him as chief financial officer of Storage USA Inc., a publicly traded REIT that Jernigan founded in 1994 and years later sold to a unit of General Electric Co. Marr joined CubeSmart in June 2006 as its chief financial officer and treasurer. REITs Lend a Helping Hand During Pandemic, REIT Executives Say Economic Impact of COVID-19 Will Become Clearer by Mid-2021. Those investments have served them well when it comes to attracting new customers and using data to drive decisions about rental rates. Christopher P. has 3 jobs listed on their profile. Christopher has 1 job listed on their profile. Equity Market Cap. View Christopher P.’s profile on LinkedIn, the world’s largest professional community. View Christopher P.’s profile on LinkedIn, the world’s largest professional community. Jernigan was already a well-regarded industry veteran when he joined CubeSmart in April 2006. 52-Week-High: $25.78 THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Agreement”) is dated as of April 20, 2007 by and between U-STORE-IT TRUST, a Maryland real estate investment trust (the “Company”), and Christopher P. Marr (the “Executive”). View the profiles of professionals named "Christopher P." on LinkedIn. Chris has 5 jobs listed on their profile. Its facilities offer a host of free services and amenities, from Wi-Fi to workstations. Yield:2.6% In late 2008, he was named president and chief investment officer. Presently, Christopher P. Marr is President, Chief Executive Officer & Trustee at CubeSmart and Chief Executive Officer & Trustee at CubeSmart LP (a subsidiary of CubeSmart). See the complete profile on LinkedIn and discover Christopher’s connections and jobs at similar companies. Christopher has 5 jobs listed on their profile. We have also acquired properties on a leverage-friendly basis, improved the maturity profile of our debt and improved our coverage by successfully growing same-store net operating income,” Marr explains.Â, The company’s much-improved financial condition hasn’t gone unnoticed. All contents of the lawinsider.com excluding publicly sourced documents are Copyright © 2013-, CHRISTOPHER P. MARR AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT. The urban nature of CubeSmart’s portfolio, Marr adds, is a competitive advantage when it comes to capturing demand driven by millennials and retiring baby boomers. View Christopher P’S profile on LinkedIn, the world's largest professional community. View Christopher Marr’s professional profile on LinkedIn. Christopher P. Marr has been Chief Executive Officer of CubeSmart since January 1, 2014. At the same time, it has made acquisitions in densely populated markets with high median incomes. “As we develop and enhance systems, we are doing that with the mindset of a more customer-centric approach. In 2009 it issued common equity to address upcoming debt maturities and leverage that had reached 70 percent, reports Green Street. Christopher has 2 jobs listed on their profile. Many millennials prefer city living, even if that means living in tight quarters, and renting rather than owning, he explains. Christopher has 2 jobs listed on their profile. Christopher P. has 8 jobs listed on their profile. View Christopher Marr-Laing’s profile on LinkedIn, the world’s largest professional community. Christopher has made over 12 trades of the STAG Industrial stock since 2012, according to the Form 4 filled with the SEC. 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. CubeSmart has sold nearly a third of the properties it owned in 2006 and recycled the proceeds into nearly $2 billion of acquisitions, according to Green Street. However, Marr says its portfolio is “at the top of the heap” from a demographic perspective thanks to the repositioning. Include this LinkedIn profile on other websites Christopher tiene 23 empleos en su perfil. Rather than simply answering the phone, for instance, we want to welcome you back as a repeat customer and offer services that might meet your needs,” Marr observes.Â. Although new supply in the sector appears to be picking up, Marr says it should remain low, by historical standards, in the near term. The estimated Net Worth of Christopher P Marr is at least $22.2 Million dollars as of 3 September 2019. He served as Brandywine’s chief financial officer for four years before reuniting with Jernigan at CubeSmart.Â. Most recently he exercised 80,589 units of STAG stock worth 756,731$ on 3 September 2019. Marr took the helm of a company that has come a long way since he joined it in 2006.Â. View Christopher P’S profile on LinkedIn, the world's largest professional community. In recent years, CubeSmart and its publicly traded peers have made major investments in technology, particularly with regard to Internet marketing and revenue-management systems. Last year, Standard & Poor’s and Moody’s upgraded CubeSmart’s senior unsecured bonds and issuer ratings. View Christopher Marr’s profile on LinkedIn, the world's largest professional community. Christopher P. Marr, President & CEO Ve el perfil completo en LinkedIn y descubre los contactos y empleos de Christopher en empresas similares. LinkedIn is the world's largest business network, helping professionals like Christopher Marr discover inside connections to recommended job candidates, industry experts, and business partners. View Christopher P.’s profile on LinkedIn, the world’s largest professional community. In 2012, he also assumed the role of chief operating officer. Nareit® is the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. Ve el perfil completo en LinkedIn y descubre los contactos y empleos de Christopher en empresas similares. In a … During the five-year period following its IPO in 2004, the company had an average leverage ratio of 50 percent. In the past, decisions about rental rates were typically made at the local level by property managers. In 2012, he also assumed the role of chief operating officer. Ve el perfil de Christopher Grant en LinkedIn, la mayor red profesional del mundo. 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. Ve el perfil completo en LinkedIn y descubre los contactos y empleos de Christopher en empresas similares. View Christopher P.’s professional profile on LinkedIn. 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. Among other key management changes, Joel Keaton was promoted from vice president of marketing to senior vice president of operations, taking over responsibility for direct oversight of store operations from Marr.Â, “Chris Marr and Tim Martin were instrumental in the positive changes we have seen at the company over the past few years,” says Ryan Burke, an analyst at Green Street Advisors. View Christopher P. Ley’s profile on LinkedIn, the world's largest professional community. In the past eight years, Jernigan, Marr and Timothy M. Martin, the company’s current CFO, have steered CubeSmart through the Great Recession and made big improvements to its portfolio, balance sheet and operating platform. LinkedIn is the world’s largest business network, helping professionals like Christopher P. discover inside connections to recommended job candidates, industry experts, and business partners. After helping with the sale of Storage USA in 2002, Marr joined Brandywine Realty Trust (NYSE: BDN), a stock exchange-listed office REIT. With the heavy lifting complete, CubeSmart is now largely focused on further improvements to its portfolio through acquisitions and development, Green Street reports. Mr. Marr owns over 80,589 units of CubeSmart stock worth over $16,837,816 and over the last 17 years he sold CUBE stock worth over $0. Many retirees downsize, moving from single-family homes into smaller condominiums or apartments, and need storage space because of that, he says.Â, “We are really benefitting on both sides of the demographic equation” when it comes to millennials and boomers, he says.Â, CubeSmart is undertaking a modest level of development in its target markets. View the profiles of people named Christopher Mar. Christopher has 3 jobs listed on their profile. 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. So each time millennials move, they might be in need of storage,” he says. Address: 5 Old Lancaster Road, Malvern, PA 19355 View Christopher P.’s profile on LinkedIn, the world’s largest professional community. 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. Christopher has 4 jobs listed on their profile. Christopher tiene 15 empleos en su perfil. He and Jernigan promptly embarked on a dramatic repositioning of the company’s portfolio. View Christopher P. Co’s profile on LinkedIn, the world’s largest professional community. See the complete profile on LinkedIn and discover Chris’ connections and jobs at … 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. See Christopher P Marr's compensation, career history, education, & memberships. Christopher has 9 jobs listed on their profile. Management Team: “Our fundamental customer is someone who is moving. View the profiles of professionals named "Christopher Marr" on LinkedIn. The company’s small size relative to Public Storage and Extra Space Storage is an advantage in terms of external growth, given that acquisitions and developments can more easily move its “net asset value needle,” the report notes.Â, Population density, according to the report, is arguably the most important factor driving demand for self-storage space. “The fundamentals of the self-storage sector are so strong, and I find the business to be incredibly interesting. Adjusted funds from operations increased 12 percent on a year-over-year basis in the third quarter.Â, Ticker: CUBE (NYSE) View Christopher Marr’s professional profile on LinkedIn. Last summer, CubeSmart’s portfolio reached an all-time high occupancy level of 93 percent, according to Marr.Â, In the third quarter of last year, the company’s same-store net operating income grew by nearly 11 percent, on a year-over-year basis, thanks to a combination of sector-leading revenue growth of nearly 8 percent and a slight increase of about 1 percent in property operating expenses. In late 2008, he was named president and chief investment officer. Christopher has 1 job listed on their profile. National Association of Real Estate Investment Trusts® and Nareit® are registered trademarks of the National Association of Real Estate Investment Trusts (Nareit). Today, self-storage REITs are making those decisions at the corporate level and relying on sophisticated revenue-management systems, says Burke. CubeSmart has mid-tier investment-grade credit ratings from both ratings services.Â. 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