Andover Properties Closes on “Security Storage” in Florida
Andover Properties, LLC (dba Storage King USA) has recently acquired Security Storage, an 88,000+ square foot facility in Spring Hill, Florida. The deal is its twelfth purchase in the state, and its fifth transaction under its newly-formed partnership with Angelo Gordon, with whom Andover has done deals in the past. In addition to self-storage and
July 30, 2018
Andover Properties Closes on “Old Lucerne Park Storage” in Florida
Andover Properties, LLC (dba Storage King USA) has recently acquired Old Lucerne Park Storage, its third property in Winter Haven, Florida. “We like the income diversity this property offers. It contains both climate and drive-up storage, business/flex space, ample parking, and provides additional revenue sources from truck rental as well as cell tower income. Plus,
July 25, 2018
Andover Properties Closes on “AAA Storage” in Minneola, Florida
Andover Properties, LLC (dba Storage King USA) has recently acquired AAA Storage, a 75,000 square-foot facility containing over 600 units, located in Minneola, Florida. “The property is on heavily-trafficked US-27, which has an average daily volume of 28,000 cars per day. It is adjacent to a busy Dollar General, and is situated in a corridor
July 25, 2018
Andover Properties closes on land deal in Homestead, Florida
Andover Properties, LLC (dba Storage King USA) has recently closed on a 3-acre parcel in Homestead, FL on which it intends to build a 110,000 square foot self storage facility. According to Brian Cohen, President at the company, “the site is in a great location. It is right next to a Walmart on the busy
July 25, 2018