SmartStop Asset Management LLC, a diversified real estate company that manages 108 self-storage facilities in Canada and the United States, has appointed Ken Morrison to chief operations officer for self-storage. Morrison has been with SmartStop since 2011 and was promoted from his role as senior vice president of operations, according to a press release.
“Ken is a consummate professional with two decades of experience in managing, operating and maximizing revenue for self-storage portfolios,” said H. Michael Schwartz, founder, chairman and CEO. “He is an exceptional leader and a key member of our executive management, who will continue to play a key role in our ongoing growth.”
Prior to SmartStop, Morrison spent 14 years with self-storage real estate investment trust Public Storage Inc., rising to senior vice president of Northeast operations. In this role, he was responsible for more than 300 facilities in 11 states that generated more than $335 million in annual revenue.
Morrison attended West Valley College in Saratoga, Calif., as well as the Center for Creative Leadership in San Diego.
SmartStop has approximately $1.3 billion of real estate under management. Its self-storage portfolio comprises about 7.9 million rentable square feet. It’s also the sponsor of Strategic Storage Growth Trust Inc., Strategic Storage Trust II Inc. and Strategic Storage Trust IV Inc., all public non-traded REITs focused on self-storage assets.