Westport Properties, Inc. Announces New President of Real Estate

CaptureWestport Properties, Inc. (WPI) today announced that Drew Hoeven has been promoted to President of Real Estate, effective immediately.

“Drew has played an integral role in the growth of our company,” said Charles Byerly, president and chief executive officer.  “I’m confident that Drew will continue to build on the success he has achieved and continue to provide opportunities for our company to expand its footprint throughout the eastern region of the country.”

Hoeven joined the company in 2005 and most recently was the VP of acquisitions. In his new role he will oversee the growth of quality acquisitions on the East Coast with the goal of increasing the company’s footprint in major MSAs.  Additionally, he will seek new development deals and help with the strategic direction of the company.

“Our current acquisitions and development pipelines are robust, and I’m excited about the opportunity to expand our portfolio,” said Hoeven.

In addition to his new responsibilities, Hoeven continues to serve as secretary for both US Storage Centers and Westport Properties, Inc., and he sits on the board of directors and advisors.  He is also a board member of Kure It, a non-profit his father founded to raise funds for innovative cancer research.

Previously, Hoeven led acquisition efforts that more than doubled the size of WPI’s East Coast presence, he spent time on the operations and development teams, and he led Storage Network Advantage, a company that provides marketing, insurance, and office administration services to independent self storage operators.  Hoeven is also a graduate of the University of Southern California, where he earned a degree in Policy, Planning, and Development.

Hoeven is also actively engaged in the community and real estate industry. He is a member of the USC Lusk Center for Real Estate; he sits on the next generation board for the Orange County Community Foundation; he is a member of the NAIOP Young Professionals Group class of 2008, and is a NAIOP Forum member; and he sits on the Large Owners Council for the Self Storage Association.

About Westport Properties – US Storage Centers

Founded in 1985, Westport Properties, Inc. is the parent company of US Storage Centers (USSC) and owns and operates self storage facilities in 13 states. The Company is a fully integrated operator that develops, acquires and manages its own portfolio—additionally, the company provides third-party management services. As of February 2015, it has over 6.5 million rentable square feet under management and employs over 200 people. US Storage Centers is a founding partner of the 501(c)(3)  Kure-It, a non-profit organization that raises money for underfunded cancer research, and Charity Storage, a 501(c)(3) that uses vacant storage units to raise money for local charities. To date, Kure-It has raised over $3.8 million and Charity Storage has raised nearly $220,000.