Cornerstone Capital

Investing in undervalued self-storage facilities.

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About Cornerstone Capital

We target self-storage facilities in competitive markets that others ignore.

We utilize data and our network to find assets that fit our criteria. Our aim is to improve operations, add curb appeal, and exit via sale or refinance. Our combined 24-years of real estate experience enables us to mitigate risk and implement our business plan for every asset we acquire.


Get our guide The Pros and Cons of Self-Storage Investing, and get notified when we release new content.


Podcast

The Storage Investor Show

Check out our podcast, The Storage Investor Show! You can watch the videos on YouTube as well.



Bios


Kris Bennett

Kris brings 13 years of real estate experience to Cornerstone Capital, spanning commercial and residential investment and brokerage. Kris has held the role of Acquisitions Director for several regional acquisitions and development companies. His list of responsibilities has included raising capital, sourcing off-market deals, underwriting, and leading due diligence. He has advised third-party groups on portfolio acquisitions totaling over fifty million dollars in value, and he is a trusted voice in the self-storage space. Kris is a graduate of UNC-Chapel Hill and Kenan-Flagler Business School where he served as a Fund Manager for the school’s private equity real estate fund.

Kris has been the special guest on podcasts, including The Self Storage Show and The Cashflow Hustle Podcast. He has presented on the topic of technology in self-storage at the NC Self-Storage Association annual conference, and he has been a guest speaker in Executive MBA and Undergraduate classes at UNC-Chapel Hill’s Kenan-Flagler Business School. Kris is active in his local church and has lived in North Carolina for nearly 20 years.


Jon Allen, CPA

Jon Allen brings 13 years of real estate finance experience to Cornerstone Capital. Jon began his career in public accounting working with well-known Charlotte real estate private equity firms and private developers. From there, Jon joined Griffin Brothers Companies, a family investment office in Charlotte, NC, where he is the Chief Financial Officer and Vice President of Real Estate. During his time with Griffin Brothers Companies, Jon has managed a $120,000,000 balance sheet and led acquisitions and asset management of the company’s real estate portfolio. He is responsible for all the company’s capital markets functions, as well as corporate finance and tax compliance.

Jon has lived in the Charlotte area for 22 years and has held leadership positions with several nonprofit organizations. He is active in his local church and has served as Treasurer of Mosaic Development Group, Chair of the North Carolina Young CPA Cabinet, and other committees within the Urban Land Institute, Cystic Fibrosis Foundation, and the North Carolina Association of CPAs. Jon and his wife and 4 daughters live in the South Charlotte area.

Strategy

We start with the end in mind.

We view the exit plan as the most important part of our strategy. This means we look for assets in desirable markets that will hit our target returns within a three to five-year window allowing us to exit via sale or refinance with confidence.

Undervalued Opportunities

Our strategy utilizes data and experience to find undervalued opportunities that most competitors overlook due to certain constraints.

Desirable Markets

We focus on secondary and tertiary markets that are in the path of progress allowing us to capitalize on population growth and desirable locations.

Clear Exit

Our exit plan is one of the most important components to our investment strategy. We will not invest in an asset without a clear exit strategy.

Experience

The best opportunities come from those with real-world experience. We’re no different.

Minnie’s Mini Storage

718 Robinson St.
Lowell, NC 28098


Built in 1973.

The StoreRoom Self Storage Center

3822 S. Alston Ave
Durham, NC 27713


Built in 1995.

Superior Self Storage

1825 N. Fayetteville St.
Asheboro, NC 27203


Built in 1999.

Green Cube Self Storage

128 McGhee Rd.
Chapel Hill, NC 27517


Built in 2000. Contains climate-controlled units.

South Point Storage

1308 S. Point Rd.
Belmont, NC 28012


Built in 1997.

Contact Us

Reach out to us with questions, comments, or to share a deal.

We would love to hear from you, whether you're interested in working with our team or pursuing a career with us.


Email



Location

Charlotte, NC, USA


Phone

(704) 457-9988

 

Get our guide The Pros and Cons of Self-Storage Investing

And get notified when we release new content.

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