News and Press

  • Jul 25 2018
    Andover Properties Closes on “Old Lucerne Park Storage” in Florida

    Andover Properties, LLC (dba Storage King USA) has recently acquired Old Lucerne Park Storage, its third property in Winter Haven, Florida. “We like the income diversity this property offers. It contains both climate and drive-up storage, business/flex space, ample parking, and provides additional revenue sources from truck rental as well as cell tower income. Plus,

    July 25, 2018

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  • Jul 25 2018
    Andover Properties Closes on “AAA Storage” in Minneola, Florida

    Andover Properties, LLC (dba Storage King USA) has recently acquired AAA Storage, a 75,000 square-foot facility containing over 600 units, located in Minneola, Florida. “The property is on heavily-trafficked US-27, which has an average daily volume of 28,000 cars per day. It is adjacent to a busy Dollar General, and is situated in a corridor

    July 25, 2018

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  • Jul 25 2018
    Andover Properties closes on land deal in Homestead, Florida

    Andover Properties, LLC (dba Storage King USA) has recently closed on a 3-acre parcel in Homestead, FL on which it intends to build a 110,000 square foot self storage facility. According to Brian Cohen, President at the company, “the site is in a great location. It is right next to a Walmart on the busy

    July 25, 2018

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  • Jun 26 2018
    Andover Properties Closes on “Security Storage” in Florida

    Andover Properties, LLC (dba Storage King USA) has recently acquired Security Storage, an 88,000+ square foot facility in Spring Hill, Florida. The deal is its twelfth purchase in the state, and its fifth transaction under its newly-formed partnership with Angelo Gordon, with whom Andover has done deals in the past. In addition to self-storage and

    June 26, 2018

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  • Feb 27 2017
    Andover Properties closes on “Route 80 Storage” in Ft Myers, Florida

    Andover Properties, LLC (dba Storage King USA) has recently acquired Route 80 Storage, located in Ft Myers, Florida. The site is its second purchase in the area and its ninth in the state.   According to Michael Wachsman, Director of Acquisitions at the company, “as currently configured, the amount of space currently dedicated to self

    February 27, 2017

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  • Feb 13 2017
    Andover Properties closes on approx. 30,650 SF “Store-It” in Moncks Corner, South Carolina

    Andover Properties, LLC (dba Storage King USA) has recently acquired Store-It – a 30,650 SF Self Storage facility in Moncks Corner, SC, part of the Charleston MSA. The property is situated on over 6 acres, on which Andover plans on building an additional 20,000 NRSF of storage, consisting mostly of climate-controlled units. The site, closed

    February 13, 2017

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  • Feb 13 2017
    Andover Properties closes on approx. 38,400 SF “Victory Self Storage” in Staten Island, New York

    Andover Properties, LLC (dba Storage King USA) has recently acquired Victory Self Storage – a 420-unit, 38,400 SF Self Storage facility located in Staten Island, NY along Victory Boulevard, a major area road.  The closing, which occurred April 26th, was the culmination of a years’-long process. Property amenities include perimeter fencing, gated access, and 24

    February 13, 2017

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  • Feb 13 2017
    Andover Properties closes on approx. 53,700 SF “Dundee Self Storage” in Dundee, Florida

    Andover Properties, LLC (dba Storage King USA) has recently acquired Dundee Self Storage – a Class A, 53,700 SF Self Storage facility in Dundee, FL.  Andover closed on the transaction on February 18, 2016. The property is situated on 7.75 acres, is located at 29500 Hwy 27, Dundee, FL 33838, and features 370 self-storage rooms,

    February 13, 2017

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  • Feb 13 2017
    Andover Properties Acquires Triangle Self Storage Portfolio

    Posted in Storage Industry News by Mike Jones By Alex Hassel, Storage.com Three self storage facilities that were under a family-owned brand, Triangle Self Storage, are now under new ownership. List Self Storage reports that Andover Properties, LLC has recently purchased the portfolio of two Class-A properties in the Raleigh, N.C., metro area and another outside

    February 13, 2017

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