BTE Investment Group Secures Construction Financing For Class-A Self Storage Facility

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BTE Investment Group in partnership with The William Warren Group has obtained construction financing for development of a 5-story Class-A Self Storage facility located in Thousand Oaks, California.

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BTE Investment Group of Thousand Oaks, in a joint venture with The William Warren Group, has received $6.3-million in financing for construction of a Class-A Self Storage facility located in Thousand Oaks. The four-year term construction loan is through First California Bank of Los Angeles.

"The ability to execute a loan at attractive terms in the current challenging credit environment reflects the quality of our project as well as our joint venture partner," said Chris Itule, manager of BTE Investment Group. "We chose to team up with the William Warren Group on this project because of the company's deep expertise in developing and operating first class storage facilities."

The partnership plans to break ground on the 80,000 square foot storage facility in the coming weeks. For more information regarding the project visit http://www.StorQuest.com.

About BTE Investment Group:
Founded by partners Chris Itule and Fred Simanek in 2006, BTE Investment Group specializes in acquiring, developing, and managing commercial properties in growing real estate markets. For more information visit contact chris@bteinvestmentgroup.com.

About The William Warren Group:
The William Warren Group, Inc. (WWG) is a privately held, fully integrated, entrepreneurial real estate company, which develops, acquires and operates income producing real estate assets in Arizona, California, Colorado and Hawaii. For the past 12 years, the company has focused on the self storage industry. Through both private and institutional capital, the company has amassed a significant storage portfolio.

WWG operates its self storage properties under its own trade name of StorQuest Self Storage. The Company distinguishes itself by the development of first class quality facilities, a quest for unmatched customer service, its own innovative "Blitz" marketing program and a unique corporate culture. You can learn more about StorQuest, by visiting http://www.StorQuest.com.

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Fred Simanek
BTE Investment Group
805-499-2222
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