For Immediate Release
LAKE FOREST, IL – January 10, 2019 – Metro Storage LLC announced the promotion of Nicholas Gerou to the newly created position of Chief Investment Officer. Mr. Gerou has been employed with Metro Storage LLC since 2010 and previously served in multiple roles, including Senior Financial Analyst and Director of Finance where he has been directly involved in over $1B of acquisitions and developments.
“Nick’s growth in the organization and his direct involvement with the senior management team over the years has greatly contributed to the overall growth of Metro and helped us achieve our business plans through organic and joint venture growth. Nick has been a key contributor in building strong relationships with our joint venture partners and working our portfolio acquisition and development opportunities. We are excited to add Nick to the Senior Management team of Metro as we move into the next phase of Metro’s growth plan,” said Matthew M. Nagel, Chairman of Metro Storage LLC.
In this role, Mr. Gerou is responsible for overseeing Metro’s formation, analysis, and due diligence of new self storage joint ventures and property acquisition and development activities.
Prior to joining the company, Mr. Gerou had over four years of commercial and residential real estate experience while working in the acquisition and finance departments of National Equity Fund, a privately held real estate investment firm and General Growth Properties, a publicly-traded REIT. Mr. Gerou received his Bachelor of Science in Economics from Michigan State University, and his Master of Science in Finance from Walsh College.
About Metro Storage LLC
Metro Storage LLC is a privately owned, fully integrated, international self-storage company specializing in the development, construction, acquisition, and management of self-storage facilities in the USA, Brazil, and Central America. Metro operates under the trademark “Metro Self Storage” in the US, being one of the top 10 largest owner/operators of self-storage facilities in the United States with over 135 stores covering 14 states. Metro Storage International (MSI) has an affiliate/partner in Brazil which operates under the trade name “MetroFit”. MSI’s affiliate/partner in Central America operates under the trade name “Mr. Bodeguitas”, and is Central America’s leading self-storage operator with locations throughout Guatemala, El Salvador, and Costa Rica. More information about the firm is available at www.metrostoragecorporate.com.