New Storage Facility Acquisition in Micco, Florida
Micco, FL – November 10, 2023 – Andover Properties, a leading name in the self-storage industry, is pleased to announce its latest acquisition of a 51,000 square-foot storage facility located in Micco, Florida. This addition further solidifies Andover’s presence in the Sunshine State and will be rebranded under Andover’s Storage King USA brand.
Built in 2001, this well-established facility spans an impressive 5.36 acres and offers a total of 511 climate-controlled storage units, meeting the diverse storage needs of the local community. With the vast majority of these units already occupied, Andover Properties is excited to expand its offerings in this thriving community.
“We are thrilled to welcome the Micco storage facility into the Andover Properties portfolio,” said Brian Cohen, President and CEO of Andover Properties. He added, “this acquisition reflects our ongoing commitment to providing top-tier self-storage solutions and expanding our reach to better serve the residents and businesses in Micco and the surrounding areas.”
The facility will offer the same exceptional level of service and security that Storage King USA is known for, providing customers with peace of mind when it comes to their storage needs.
About Andover Properties
Andover Properties is an investment firm that owns, operates, and develops commercial property throughout the United States, with a focus on alternative real estate asset classes such as self-storage, manufactured housing, RV parks, and car washes. We are one of the largest private owner-operators of self-storage facilities in the United States. Our current portfolio totals nearly 13 million rentable square feet across 161 facilities in 18 states, and operates under our Storage King USA brand (https://www.storagekingusa.com). Andover was founded in 2003 by Brian and William Cohen and is headquartered in New York City with offices in Miami and San Francisco. For more information, please visit our website: https://www.andoverprop.com.
Contact:
Sarah S. Berman
The Berman Group, Inc.
212.450.7300