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Feb 15 2022Andover Properties Acquires Fifth Self Storage Facility in Garland, TX
Andover Properties (dba Storage King USA) has recently acquired a 76,000 square foot self storage facility in Garland, TX, its fifth acquisition in Garland in less than one year. The facility, built in 2018 and formerly managed by CubeSmart, will be rebranded and operate under the Storage King USA brand. “We were the natural buyer
February 15, 2022
Feb 8 2022Andover Properties Acquires Crossroads Self StorageAndover Properties (dba Storage King USA) has recently acquired “Crossroads Self Storage” in College Station, TX. The facility offers 89,000 SF across 875 units, the majority of which are climate controlled, as well as 18,000 SF of open parking. “This facility is the newest in the area and the best in class,” said Brian Cohen,
February 8, 2022
Feb 1 2022Andover Properties Acquires Two Properties in North CarolinaAndover Properties (dba Storage King USA) has recently acquired two properties in North Carolina, one in Calabash, which is in the North Myrtle Beach area, and the other in Winnabow, which is proximate to Wilmington. Together, they total 106,000 square feet across 771 units. “We were drawn to these properties because their trade areas are
February 1, 2022
Jan 24 2022Andover Properties Acquires “Parkmore Storage” in Milton, FLAndover Properties (dba Storage King USA) has recently acquired “Parkmore Storage,” its fourth acquisition in the Milton, FL area. The 56,450 sq ft facility consisting of a mix of traditional drive up units, climate control, office and parking spaces across its 360 units. The property has enjoyed strong occupancy and sits on a more than
January 24, 2022
Jan 18 2022Andover Properties Acquires “Copper Safe Storage” in Panama City, FLAndover Properties (dba Storage King USA) has recently acquired “Copper Safe Storage,” located in Panama City, FL. The 62,500 square foot property, newly constructed in 2021, contains a mix of climate and non climate options across its 547 units. The property is fully automated and contactless, allowing customers to rent on their phone or at
January 18, 2022
Jan 11 2022Andover Properties Acquires “Ultimate Boat and RV Storage” in Litchfield Park, AZAndover Properties (dba Storage King USA) has recently acquired “Ultimate Boat and RV Storage,” its fifth property in the Phoenix area. The property totals 314,000 square feet across 16 acres and provides high quality, secure, covered parking for vehicles, boats, and RVs. The property is highly-amenitized and features power hook-ups, water and dump stations, 24/7
January 11, 2022
Jan 4 2022Andover Properties Acquires GT Storage in Garland, TXAndover Properties (dba Storage King USA) has recently acquired GT Storage, its fourth property in the Garland area. The property spans 64,700 square feet across 388 units. “We were the natural buyer for this asset since we own the adjacent facility,” Brian Cohen, Andover’s President and CEO. “We plan to integrate the two properties into
January 4, 2022
Dec 28 2021Andover Properties Acquires Two Properties in Detroit SuburbsAndover Properties (dba Storage King USA) has recently acquired two properties in the Detroit MSA. The portfolio totals 137,900 NRSF across 842 units and are located in Waterford Township and Pontiac, MI. Both facilities are well-located in densely-populated areas, providing strong embedded self storage demand. “We were the natural buyer for this portfolio since we
December 28, 2021
Dec 20 2021Andover Properties Acquires “The Runnnymede Portfolio” in North Carolina and VirginiaAndover Properties (dba Storage King USA) has recently acquired “The Runnymede Portfolio”, which consists of three properties totaling 197,000 NRSF across 1,465 units. Two facilities are located in North Carolina’s Outer Banks, and one is located in Chesapeake, Virginia. The portfolio adds to the company’s presence in the Mid-Atlantic region and is 93% occupancy, indicative
December 20, 2021
Dec 17 2021Andover Properties Acquires “The Storage Place” in Mesquite, TXAndover Properties (dba Storage King USA) has recently acquired “The Storage Place” in Mesquite, TX. Located 15 minutes from downtown Dallas, the facility totals 74,000 NRSF across 553 climate and non-climate-controlled storage units. It is conveniently located and is easily accessible on Belt Line Road, a well-trafficked road which sees 22,000 vehicles per day. The
December 17, 2021