The William Warren Group Opens Two Storage Facilities
The company has expanded its StorQuest portfolio with more than 200,000 square feet of storage space near Portland.
12800 SW Pacific Highway. Image via Google Maps
The William Warren Group has opened two StorQuest branded storage facilities totaling 208,650 square feet in Hillsboro and Tigard, Ore. Earlier this year the company also completed a 97,570-square-foot facility in Portland and acquired a 524-unit asset in Buckeye, Ariz., for $9.1 million.
Located at 750 NE Cornelius Pass Road, the Hillsboro facility occupies around 5 acres near Freeway 26, in a densely populated area. Approximately 123,000 people are living within a 3-mile radius, according to Yardi Matrix. Features of the building include climate control, gated entry and security cameras. The three-story building was subject to a $9.1 million construction loan provided by Banner Bank in 2017.
The Tigard asset sits on a 1.4-acre lot at 12800 SW Pacific Highway, near the intersection of Interstate 5 and freeways 217 and 99W. The four-story building features 76,875 rentable square feet and comprises units ranging from 25 to 250 square feet, Yardi Matrix shows. The development was funded with a $9.5 million loan through TCF National Bank in 2016.
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