Cris Burnam has been working in the Self Storage Industry since 1987, and since 1999 has been serving as President of StorageMart. StorageMart owns and operates 172 stores across the United States and Canada, comprising approximately 11,900,000 net rentable square feet and over 101,000 rental units. As President, Cris oversees all aspects of the organization. StorageMart is headquartered in Columbia, Missouri, and is the largest privately owned storage company in the storage industry.
In 2015, Cris and the executive team at StorageMart successfully closed on the largest completed self storage CMBS transaction, which was in excess of $500 million dollars. In addition to this, the team closed other debt financings of $510 million dollars in 2015 for a total of $1.010 billion dollars in new debt, thus successfully recapitalizing StorageMart and positioning the company for future growth.
Cris was named as EY Entrepreneur of the Year for 2014, and was also given the 2014 Torch Award by the Better Business Bureau. Cris is listed as one of Ingram’s Magazine of One of 50 Missourians You Should Know.
In 2008, Cris led the company in its successful $416 million dollar takeover of InStorage REIT, a publically traded REIT on the Toronto Stock Exchange. The transaction closed in March of 2009, and has since been fully integrated into StorageMart.
In 1994, Cris and his brother, Mike Burnam launched an IPO of their family owned company called Storage Trust (NYSE:SEA). Storage Trust was successfully merged into Public Storage in 1999 for approximately $650 million dollars.
Over the course of his career in Self Storage, Cris has completed over $4.5 billion dollars in Self Storage transactions.
Cris lives in Columbia, MO, with his wife Jennifer and 3 sons.