The William Warren Group Inc. (WWG), a privately held real estate company that operates the StorQuest Self Storage portfolio, has expanded its operation to the Southeast, adding 23 storage properties in Florida and South Carolina and opening a regional office in Tampa, Fla. The companys operating assets had previously been concentrated in Arizona, California, Colorado and Hawaii.
Expanding our operations to the East Coast is another step towards achieving our ultimate goal of having a dominant storage platform and exceptional brand, said Bill Hobin, president and CEO of WWG. There is increasing demand from institutional investment firms to deploy capital into the storage sector alongside disciplined management teams. We believe this move will expand our opportunity pipeline and expedite the growth of our company.
The new regional office will be led by industry veterans Brenda Scarborough, CEO, and Travis Lawhorne, president, of Accountable Management Inc., a Florid-based self-storage property management and consulting firm.
I am thrilled to be a part of the WWG team and to be able to offer its technology-driven storage management systems to the southeastern markets, Scarborough said. Having a bicoastal presence will increase growth opportunities for the company.
Based in Santa Monica, Calif., WWG develops, acquires and operates self-storage assets in major U.S. metropolitan markets. The company expects to increase its number of StorQuest locations through continued acquisition and development of new properties as well as providing third-party management services for other investors.