Andover Properties Acquires Crossroads Self Storage
Andover Properties (dba Storage King USA) has recently acquired “Crossroads Self Storage” in College Station, TX. The facility offers 89,000 SF across 875 units, the majority of which are climate controlled, as well as 18,000 SF of open parking.
“This facility is the newest in the area and the best in class,” said Brian Cohen, Andover’s President and CEO. “A portion of the property is a recently-completed expansion which we are leasing up quickly with strong momentum. College Station is a town with great demographics and is poised for strong growth. We look forward to meeting the markets’ growing storage needs.”
The Storage King USA portfolio now totals 124 facilities in 16 states, with 37 in Texas.
About Andover Properties, LLC
Andover Properties, LLC is an investment firm that owns, operates, and develops commercial property throughout the United States. The firm focuses on self storage, RV, car wash, retail, and industrial assets. We are one of the largest private owner-operators of self storage facilities in the United States. Our current portfolio totals over 9.4 million rentable square feet across 124 facilities in 16 states and operates under our Storage King USA brand (https://www.storagekingusa.com).
We are a best-in-class, vertically-integrated, owner-operator with entrepreneurial spirit and expertise in acquisitions, development, capital markets, investment structuring, property management, and asset management. Our senior leaders have over 200 years of combined real estate experience and our investors and partners include global institutional investors and high net worth individuals.
Andover was founded in 2003 by Brian and William Cohen and is headquartered in New York City with offices in Miami and San Francisco.