King Storage and Wahiawa Storage

King Storage - 100,000sf (1,710 units) 4-story class A self-storage facility in Honolulu, Hawaii.

Wahiawa Storage - 27,000sf (561 units) 2-story self-storage facility in Wahiawa, Hawaii.

Purchased non-performing loans collateralized by both assets from Hawaiian bank in spring 2010. Negotiated deed-in-lieu and partial payment of personal guaranty, and received title in 2011. Managed a water intrusion restoration project in the basement of the property. Increased occupancy from 60% to 95%, post repairs, by aggressively managing and marketing the facilities. Sold properties to the then second largest publicly traded storage REIT in 2013.

Beige building with a clock tower and green trim, on a street corner with palm trees.