{"id":1004424850,"date":"2020-04-27T00:32:25","date_gmt":"2020-04-27T08:32:25","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004424850"},"modified":"2025-02-28T00:06:53","modified_gmt":"2025-02-28T08:06:53","slug":"the-william-warren-group-acquires-phoenix-storage-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/the-william-warren-group-acquires-phoenix-storage-asset\/","title":{"rendered":"The William Warren Group Acquires Phoenix Storage Asset"},"content":{"rendered":"<div id=\"attachment_1004424880\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/StorQuest-Self-Storage-Phoenix-Ariz.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004424880\" data-attachment-id=\"1004424880\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/the-william-warren-group-acquires-phoenix-storage-asset\/storquest-self-storage-phoenix-ariz\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/StorQuest-Self-Storage-Phoenix-Ariz.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"StorQuest Self Storage Phoenix Ariz\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;StorQuest Self Storage. &lt;i&gt;Image courtesy of The William Warren Group&lt;\/i&gt;&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/StorQuest-Self-Storage-Phoenix-Ariz.jpg?w=800\" class=\"wp-image-1004424880 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/StorQuest-Self-Storage-Phoenix-Ariz.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/StorQuest-Self-Storage-Phoenix-Ariz.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/StorQuest-Self-Storage-Phoenix-Ariz.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/04\/StorQuest-Self-Storage-Phoenix-Ariz.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004424880\" class=\"wp-caption-text\">StorQuest Self Storage. <i>Image courtesy of The William Warren Group<\/i><\/p><\/div>\n<p>Hibernia Capital Advisors has sold an 83,710-rentable-square-foot self storage property in downtown Phoenix. The William Warren Group, operating under the StorQuest Self Storage brand, purchased the facility for $11.9 million, according to public records. Skymar Capital Corp. provided the new owner with $6.5 million in acquisition financing. The note is set to mature in 2025.<\/p>\n<p>Located on 3 acres at 1616 E. Portland St., the multi-story property came online in 2017 and was originally named Garfield Storage. Among its 740 units, the facility features a mix of climate-controlled and drive-up access units. Additionally, the property features electronic gate access, security cameras and an on-site manager. Situated in the city\u2019s historic Garfield neighborhood, the facility is close to Interstate 10 and roughly 3 miles from Phoenix Sky Harbor International Airport.<\/p>\n<p>Cushman &amp; Wakefield Executive Director Paul Boyle and Senior Managing Director Greg Wells assisted The William Warner Group in the acquisition. Last October, the same team represented the company in the&nbsp;<a href=\"https:\/\/www.commercialsearch.com\/news\/the-william-warren-group-grows-arizona-storage-portfolio\/\">$9.1 million acquisition<\/a> of Dominion Self Storage, an 82,120-square-foot self storage facility in Buckeye, Ariz.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Skymar Capital Corp. provided a $6.5 million acquisition loan for the purchase of the 740-unit facility.<\/p>\n","protected":false},"author":867,"featured_media":1004424880,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21742,1601,15],"tags":[32799,47465,36046],"class_list":["post-1004424850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","category-phoenix","category-west","tag-cushman-wakefield","tag-storquest","tag-the-william-warren-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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