News and Press

  • Sep 15 2020
    Andover Properties Closes on “Cliffdale Mini Storage” in Fayetteville, North Carolina

    Andover Properties, LLC (dba Storage King USA) in partnership with Angelo Gordon, has recently acquired Cliffdale Mini Storage in Fayetteville, NC, making its fourth acquisition in Fayetteville and seventh acquisition in the state. The property is an 80,435 SF predominantly drive-up facility located on Reilly Road, with visibility from the Reilly and Cliffdale Road intersection,

    September 15, 2020

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  • Sep 1 2020
    Andover Properties Expands Acquisitions Team

    Andover Properties, which operates self-storage facilities throughout the United States, has recently expanded its acquisitions team with the addition of two new hires. Eric Brett joined Andover as a Senior Analyst, in which capacity he helps identify and analyze potential acquisition opportunities and conducts due diligence. Prior to joining Andover, Eric spent two years working

    September 1, 2020

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  • Aug 21 2020
    Andover Properties Closes on CubeSmart property in Virginia

    Andover Properties, LLC (dba Storage King USA) in partnership with Angelo Gordon, has recently acquired a CubeSmart-managed property in Roanoke, VA. The property is a 56,900 SF drive-up facility nestled among residential neighborhoods on a road that experiences heavy local traffic. “We’ve acquired this property at a good basis and will benefit from the easy

    August 21, 2020

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  • Aug 18 2020
    Andover Properties Announces Chris Runckel as COO

    Andover Properties Announces Chris Runckel as COO Andover Properties, which operates self-storage facilities throughout the United States, has hired Chris Runckel as Chief Operating Officer. In this role, he will explore third party management opportunities for Andover, develop operational and management plans for the properties under its portfolio, and help onboard new acquisitions. Prior to

    August 18, 2020

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  • Jun 30 2020
    Andover Properties Closes on “Prestige Self Storage” in Titusville, FL

    Andover Properties, LLC (dba Storage King USA) in partnership with Angelo Gordon, has recently acquired Prestige Self Storage – a 57,600 SF self storage facility in Titusville, FL. The property sits on over 5 acres with frontage on the heavily trafficked US-1, which sees over 26,000 vehicles traversing it daily. The facility features over 33,700

    June 30, 2020

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  • May 14 2020
    Andover Properties Closes on “West Side Storage” in Ohio

    Andover Properties, LLC (dba Storage King USA) in partnership with Angelo Gordon has recently acquired West Side Storage in Akron, Ohio, marking its first purchase in the state. The property is a 57,000 square foot climate-controlled facility and sits on over 12 acres, part of which Andover plans on using to build an expansion. According

    May 14, 2020

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  • Apr 30 2020
    Andover Properties Closes on Acquisition of Two Self Storage Properties in Phoenix, AZ

    Andover Properties, LLC (dba Storage King USA) has recently acquired two self storage properties in Phoenix, AZ as part of a joint venture. Combined, the properties total nearly 111,000 square feet of rentable space. Brian Cohen, Co-Founder and President of Andover Properties, said “This transaction represents a continuation of our strategy to grow and operate

    April 30, 2020

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  • Jan 21 2020
    Andover Properties Closes on “Savannah Self Storage” in Georgia

    Andover Properties, LLC (dba Storage King USA) in partnership with Angelo Gordon has recently acquired Savannah Self Storage in Savannah, Georgia, marking its first purchase in the state. The property consists of a mix of climate controlled and drive up units, as well as a car wash, an amenity which Andover has on other properties

    January 21, 2020

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  • Jun 5 2019
    Andover Properties Closes on “Socrum Self Storage” in Florida

    Andover Properties, LLC (dba Storage King USA) in partnership with Angelo Gordon has recently acquired Socrum Self Storage, a 91,150 net rentable square foot facility in Lakeland, Florida, marking its 15th purchase in the state, on the heels of completing a prior transaction in the state just two weeks earlier. The property consists of a

    June 5, 2019

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  • May 3 2019
    Andover Properties Closes on “RoboVault” in Florida

    Andover Properties, LLC (dba Storage King USA), in Partnership with Angelo Gordon, has just acquired RoboVault Self Storage, an 82,000 square foot facility in Ft Lauderdale, Florida, further expanding its presence in the state. The company has already completed 14 transactions in Florida and has another development weeks away from opening.   The property, explains

    May 3, 2019

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