SOURCE: William Warren Group

April 22, 2013 10:00 ET

William Warren Group Expands to East Coast

WWG Undertakes Operations in Two Southeastern States

SANTA MONICA, CA and TAMPA, FL--(Marketwired - Apr 22, 2013) - The William Warren Group (WWG), a privately held, Santa Monica-based self storage development and operating company and owner of the StorQuest Self Storage portfolio, is announcing the expansion of its self storage operations to the Southeastern US. Branching out from existing markets throughout California, Arizona, Colorado and Hawaii, WWG is adding 23 storage properties in Florida and South Carolina to its operating platform.

WWG has opened a regional office in Tampa, Florida where the newly-formed Southeast region's division will be led by longtime storage industry veterans Brenda Scarborough and Travis Lawhorne, former CEO and President of Accountable Management, Inc.

"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. Having a bicoastal presence will increase growth opportunities for the company," said Scarborough.

WWG is hitting the ground running on the East Coast by immediately operating a significant storage portfolio. Stores owned and managed by the company operate under its trademarked name of StorQuest Self Storage. WWG expects to increase the number of StorQuest locations through continued acquisitions and development of new properties along with third party management for other investors.

"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 along-side disciplined management teams. We believe this move will expand our opportunity pipeline and expedite the growth of our company."

About The William Warren Group & StorQuest Self Storage
The William Warren Group, Inc. (WWG) is a privately held, fully integrated, entrepreneurial real estate company that develops, acquires and operates self storage assets in major metro markets in the US. For the past 18 years, the Santa Monica, Calif., company has taken a long term perspective by focusing on assets that offer growing cash flow and capital appreciation opportunities. To learn more about The William Warren Group and its proprietary brand of StorQuest Self Storage visit: www.williamwarren.com and www.storquest.com.

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