The William Warren Group (WWG), a privately held real estate company that operates the StorQuest Self Storage brand, has named Clark Porter as chief financial officer (CFO), effective this month. He’ll replace Kent Christensen, who’s retiring but will remain a financial partner and active investor, according to a press release.
Porter is also president of WWG, where he manages lending/banking relationships and oversees the capital structure of acquisitions and new developments, according to the company website. Prior to joining WWG, he was employed at WSGP Partners LP, a merchant bank focused on the acquisition of financial institutions. He received his undergraduate degree from the University of California - Berkeley and an MBA from the University of California - Los Angeles.
Christensen, who’s self-storage career spans 17 years, served as senior vice president of Extra Space Storage Inc. since its inception and as CFO from 1998 to 2012. In his 13 years with the real estate investment trust (REIT), he played an instrumental role in its growth, initial public offering and operation as a publicly traded company, the release stated. Christensen joined WWG in 2012, helping to expand its corporate infrastructure and doubling its asset base during his tenure.
“Kent had a wonderful career both at Extra Space Storage and at The William Warren Group,” said WWG CEO Bill Hobin. “The company is sad to see Kent go, but happy for him and his good fortune to be able to retire at a young age and take advantage of the opportunity to pursue other interests.”
Founded in 1994 and based in Santa Monica, Calif., WWG acquires, develops and operates more than 100 self-storage facilities in Arizona, California, Colorado, Florida, Hawaii, South Carolina and Texas.
- William Warren Group: Website