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Aug 29 2018Andover Properties Closes on Three Property Purchase in Mississippi
Andover Properties, LLC (dba Storage King USA) has just acquired a three property portfolio in Ocean Springs and Gulfport, MS. The purchase consists of two self storage facilities and a high-end, enclosed RV and boat storage facility, and has additional land for expansion. The Altogether, the properties span over 112,000 square feet and 700 units,
August 29, 2018
Jul 30 2018Andover Properties Closes on “Security Storage” in FloridaAndover 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
July 30, 2018
Jul 25 2018Andover Properties Closes on “Old Lucerne Park Storage” in FloridaAndover 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
Jul 25 2018Andover Properties Closes on “AAA Storage” in Minneola, FloridaAndover 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
Jul 25 2018Andover Properties closes on land deal in Homestead, FloridaAndover 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
Jun 26 2018Andover Properties Closes on “Security Storage” in FloridaAndover 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
Feb 27 2017Andover Properties closes on “Route 80 Storage” in Ft Myers, FloridaAndover 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
Feb 13 2017Andover Properties closes on approx. 30,650 SF “Store-It” in Moncks Corner, South CarolinaAndover 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
Feb 13 2017Andover Properties closes on approx. 38,400 SF “Victory Self Storage” in Staten Island, New YorkAndover 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
Feb 13 2017
Andover Properties closes on approx. 53,700 SF “Dundee Self Storage” in Dundee, FloridaAndover 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