William Warren Group Fund Closes $110.9 Million Contribution of Nine StorQuest Properties

PUBT · 1d ago
William Warren Group Fund Closes $110.9 Million Contribution of Nine StorQuest Properties
  • William Warren Group's Self Storage Income Fund closed a $110.9 million contribution of nine operating StorQuest Self Storage facilities.
  • The transaction expanded the fund from eight to 17 assets, bringing gross asset value to $196 million.
  • The six-state portfolio now totals more than 845,000 rentable square feet across 9,100 units.
  • Investors rolled approximately 80% of their equity into fund units through a tax-deferred Section 721 exchange.
  • A new $200 million credit facility from Wells Fargo partly financed the transaction, providing capacity for continued growth.


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