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Self-Storage Developer MCSS Names New Managing Partner

MCSS Development & Investment LLC, a joint venture between Rivergate Cos. and SJM Partners Inc. with a focus on self-storage, named Daniel Weinstein as managing partner. Weinstein will work closely with MCSS Founders Steve Garchik, Jay Massirman and Steve McBride on the execution of the firm’s strategic growth plan, according to a press release.

Over the past 14 years, Weinstein has acquired and developed more than $650 million in self-storage and multi-family real estate nationwide. Prior to joining MCSS, he served as founder and managing partner of Urban Storage Fund, a real estate private-equity fund focused on developing and acquiring self-storage in select urban-core markets. He was formerly the U.S. acquisitions manager for self-storage real estate investment trust Public Storage Inc. He also served in various development and acquisition capacities with companies such as Trammell Crow Residential Co. and Security Self Storage.

“With his diverse and extensive experience in the real estate and self-storage markets through the country, Dan is an ideal addition,” Massirman said. “We are so excited to add him to our growing team to provide the necessary leadership to continue expanding our platform.”

Weinstein graduated from the University of Colorado at Boulder and resides in Delray Beach, Fla., with his family. “The quality of partnership at MCSS is second to none,” he said. “I am thrilled to have this opportunity and look forward to working hard to grow the MCSS portfolio.”

MCSS was formed to acquire and develop urban infill self-storage facilities in high-value locations nationwide. The company has 2 million square feet of self-storage in various stages of development and lease-up. Previously, SJM developed 4 million square feet of self-storage in New York and Washington, D.C. Active markets for MCSS include Boston, Los Angeles and Northern California, New York, South Florida, and Washington, D.C. The partners have developed more than 60 storage facilities over the last 25 years.

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