Andover Properties Acquires Two-Property Self Storage Portfolio in Denver Metro Area

New York, NY – June 9, 2026Andover Properties, an investment firm specializing in alternative real estate asset classes, announced today that it has acquired a two-property self storage portfolio in the Denver, Colorado metropolitan area. The portfolio, consisting of facilities in Denver and Lakewood, CO,  totals approximately 155,500 net rentable square feet across 1,790 units. The acquisition further expands Andover’s national footprint and underscores the firm’s continued commitment to high-quality self storage assets in growing urban markets.

The first property, located at 4501 Washington Street in Denver, was built in 2018 and offers predominantly climate-controlled storage, along with a selection of drive-up accessible units. The second property, located at 9720 West Colfax Avenue in Lakewood, was built in 2017 and offers climate-controlled units. Both properties are high quality institutional assets that are well located in supply constrained markets.

“These two assets represent a compelling opportunity to acquire high quality, institutional assets well below replacement cost. Both neighborhoods are growing quickly and we anticipate these assets having great long term potential.” said Brian Cohen, President and CEO of Andover Properties.

Both facilities will operate under Andover’s Storage King USA brand and will benefit from the firm’s national platform, hands-on management approach, and institutional best practices.

For more information about these new locations, or to inquire about rental availability, please visit the Storage King USA website.

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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 20 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

 

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 fully realized investments in the Andover Properties portfolio through June 30, 2025.

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