SmartStop Self Storage Inc., a fully integrated and self-administered real estate investment trust (REIT), recently hired Nathan McElmurry as vice president of acquisitions. McElmurry will actively support acquisitions of new storage properties in the United States and Canada.
McElmurry is the former director of acquisitions for Trico Investments, a real estate investment company that provides development, architectural, construction, acquisition and third-party management services in California, Florida and Texas. Prior to Trico, he served as director of acquisitions for MDI Capital LLC, the U.S. real estate subsidiary of Kuwait Financial Centre, an international investment bank. He was also a director with GE Capital Real Estate and a senior analyst in the Capital Markets Group for CBRE. He has been active in self-storage trade organizations and the Urban Land Institute (ULI), a nonprofit research and education organization, and is currently a member of ULI Center for Capital Markets and Real Estate.
McElmurry graduated from Texas A&M University's Dwight Look College of Engineering and earned his MBA from the University of Texas' McCombs School of Business, with a focus on real estate finance.
"We are very excited to have Nathan join our team," said Wayne Johnson, chief information officer. "He brings a great deal of expertise and energy that will help drive acquisitions volume for our two other public nontraded REITs: Strategic Storage Trust II and Strategic Storage Growth Trust."
Formerly Strategic Storage Trust Inc., SmartStop Self Storage operates 159 facilities in 20 states and Toronto. It’s also the sponsor, adviser and property manager for the newly launched Strategic Storage Trust II Inc., a public, non-traded REIT specializing in stabilized properties, and Strategic Storage Growth Trust Inc., a private REIT focusing on self-storage acquisition and development.