Andover Properties Expands Colorado Presence with Acquisition of Storage Facility in Broomfield

New York, NY – November 13, 2025– Andover Properties, operating under its Storage King USA brand, announced today that it has recently acquired a 30,000-square-foot self-storage facility in Broomfield, Colorado. The property, located at 11650 Wadsworth Blvd, strengthens Storage King USA’s footprint in the Denver-Boulder corridor—one of the fastest-growing regions in the state.

Originally built in 1995 and renovated in 2015, the facility spans 4.6 acres and includes over 150 spaces for vehicle, RV, and boat parking.  The facility sits within a major residential growth area, with over 3,000 new apartments planned or under construction within a three-mile radius, including some directly adjacent to the site. The property will benefit from Storage King USA’s national management platform and marketing systems.

“This acquisition continues our strategy of expanding in high-growth corridors with strong demographic and economic fundamentals,” said Brian Cohen, President and CEO of Andover Properties. “Broomfield’s mix of residential development and proximity to both Denver and Boulder make it a prime market for long-term storage demand.”

For more information about this location, or to inquire about rental availability, please visit StorageKingUSA.com.

 

About Andover Properties
Andover Properties is an investment firm specializing in alternative real estate asset classes such as self-storage, manufactured housing, RV parks, small bay industrial, and car washes. We are one of the largest private owner-operators of self-storage facilities in the U.S. Our portfolio totals over 14 million square feet across 170+ facilities in 19 states and operates under our Storage King USA brand. Founded in 2003 by Brian and William Cohen, Andover is headquartered in New York City, with offices in Miami and San Francisco. For more information, visit Andover Properties.

1IRR and MOIC shown are net of all Andover fees but prior to any Andover promote. Past performance is not necessarily indicative of future results, and there can be no assurance that Andover will achieve comparable results in the future. These figures include all fullyrealized investments in the Andover Properties portfolio through June 30, 2025.

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