New York, NY – January 29, 2026 – Andover Properties, an investment firm specializing in alternative real estate asset classes, announced today that it has acquired a self-storage facility in Cary, North Carolina. The acquisition marks Andover’s sixteenth location in North Carolina, and adds another high-quality asset to Andover’s growing portfolio across the U.S.
Located at 3301 NC Highway 55, the facility was built in 1995 and renovated in 2022. The property spans 62,000 net rentable square feet and also offers 27 open parking spaces. Units benefit from drive-up access, climate-controlled temperatures, and video surveillance to provide both convenience and safety for all customers.
“As part of our acquisition we are investing to update the property with new asphalt, fresh paint, and other enhancements to improve the customer experience. We are excited to introduce institutional best practices and standards to the facility.” said Brian Cohen, President and CEO of Andover Properties.
The site, formerly known as Extra Space Storage, is now operating under the Storage King USA brand and will benefit from Andover’s national platform and hands-on management approach.
For more information about this new location or to inquire about rental availability, visit Storage King USA.
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 storage 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.
For media inquiries, please contact:
Andover Properties Public Relations
Email: press@andoverprop.com
Phone: (212) 813-0141