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Nov 17 2020Andover Properties Closes on Multi State Portfolio
Andover Properties, LLC (dba Storage King USA) has recently acquired 18 properties in a multi-state portfolio transaction. Combined, the properties total over 1.3 million square feet of rentable space across 10,000 units. Brian Cohen, Co-Founder and President of Andover Properties, said “We’ve had a very productive year thus far and are excited to continue to
November 17, 2020
Nov 17 2020Andover Properties Closes on “Fig Garden Self Storage” in Fresno, CaliforniaAndover Properties, LLC (dba Storage King USA) has recently acquired Fig Garden Self Storage in Fresno, California. The property is a 70,273 SF facility, containing a mix of interior non-climate and drive up units. The property is ideally situated within a thriving corridor of Fresno, which is the state’s largest inland city, and benefits from
November 17, 2020
Sep 30 2020Andover Properties Closes on “Olive Road Mini Storage” in Pensacola, FloridaAndover Properties, LLC (dba Storage King USA) in partnership with Angelo Gordon, has recently acquired Olive Road Mini Storage in Pensacola, FL, making its third acquisition in the area and 21st acquisition in the state. The property is a 46,715 SF facility, containing a mix of climate and drive up units. The property is situated
September 30, 2020
Sep 15 2020Andover Properties Closes on “Cliffdale Mini Storage” in Fayetteville, North CarolinaAndover 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
Sep 1 2020Andover Properties Expands Acquisitions TeamAndover 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
Aug 21 2020Andover Properties Closes on CubeSmart property in VirginiaAndover 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
Aug 18 2020Andover Properties Announces Chris Runckel as COOAndover 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
Jun 30 2020Andover Properties Closes on “Prestige Self Storage” in Titusville, FLAndover 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
May 14 2020Andover Properties Closes on “West Side Storage” in OhioAndover 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
Apr 30 2020Andover Properties Closes on Acquisition of Two Self Storage Properties in Phoenix, AZAndover 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