Andover Properties Completes Expansions
Andover Properties, LLC (dba Storage King USA) has recently opened expansions on three of its facilities, two in Florida and one in Mississippi.
The first expansion, to its Spring Hill, FL property, consisted of a 55,000 mainly climate-controlled expansion, as well as an additional 72,000 square feet of flex space, enclosed and covered RV parking. Andover also expanded its Polk City, FL property, adding 27,300 square feet of climate control and drive up units, 63,200 square feet of covered and open boat and RV parking as well as over 6,000 square feet of flex space. Lastly, Andover has also expanded its Ocean Spring, MS facility by adding 40,000 square feet of climate control and 35,400 square feet of covered and open RV parking.
“A major component of our business plan is to acquire properties where we can add value, usually through expansions. We aim to provide amenities the facility may not yet have, such as climate control, RV and boat parking, or flex space” states Brian Cohen, Andover’s President.
Spring Hill Climate Control
Spring Hill Flex Space Spring Hill Covered RV Parking
Polk City Climate Control Polk City Drive-Up
Polk City Facility Polk City Covered RV Parking
Ocean Springs RV Parking Ocean Springs Climate Control
About Andover Properties, LLC
Andover Properties, LLC, is an investor, owner, operator and developer of real estate throughout the United States, based in Manhattan, New York. The firm focuses on the acquisition, development and management of industrial, retail and self storage facilities. Andover is a leading sponsor in this area with expertise in all aspects related to these product types including acquisitions, asset management, leasing, property management, conversion, development and dispositions. Its investors and partners include global institutional real estate private equity funds and high net worth individuals.
Since inception in 2003, Andover Properties, LLC has owned or managed self storage assets totaling over 6.7 million rentable square feet across 51,750 units. Currently the firm owns and manages 71 self storage facilities in 16 states totaling over 5.3 million rentable square feet and 40,000 units, in addition to development projects. Andover Properties, LLC manages and operates its facilities under the brand Storage King USA (https://www.storagekingusa.com).