Andover Properties Acquires Self Storage Facility Newbury, MA
New York, NY – April 15, 2026 – Andover Properties, an investment firm specializing in alternative real estate asset classes, has acquired a self-storage facility located in Newbury, Massachusetts. The property is Andover Properties’ first property in Massachusetts and marks the 20th state that Andover’s storage brand, Storage King is in nationwide.
The facility, which was completed in 2016, comprises approximately 111k net rentable square feet across 686 units on a 49‑acre parcel. The property has been well maintained and is the highest quality asset in its trade area. Climate‑controlled and drive-up units are available in a variety of sizes, providing storage solutions for both residential and commercial customers. The fully fenced property also offers open parking that customers can utilize for vehicle or boat storage.
“This acquisition is a classic example of what we do best: acquiring a mom‑and‑pop–owned facility and applying our institutional operating platform,” said Brian Cohen, President and CEO of Andover Properties. “We see meaningful opportunity to increase occupancy through more targeted marketing and professional management, while maintaining the high‑quality customer experience that the local community expects. We are excited to expand our reach to Massachusetts customers.”
The site, formerly known as Newbury Self Storage, is now operating under the Storage King 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, please visit the Storage King website.
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. The company is one of the largest private owner‑operators of self‑storage facilities in the U.S., with a storage portfolio totaling over 14 million square feet across 170+ facilities in 20 states, operating under its Storage King 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’ website.
For media inquiries, please contact press@andoverprop.com