ANDOVER PROPERTIES ANNOUNCES THE ACQUISITION OF A GALVESTON, TX SELF-STORAGE FACILITY

GALVESTON, TX – June 8, 2023 – Andover Properties is pleased to announce the acquisition of a 47,250 SF self-storage facility in Galveston, TX. The facility, previously operated as Watson & Taylor Self Storage, will be rebranded under Andover’s Storage King USA brand.

The property offers 416 storage units that are climate controlled and there’s also a variety of conventional units at the facility. The asset class is the closest self storage facility to the Galveston Causeway, making the facility convenient and easily accessible for anyone with storage needs. It is in an area that is prime for more business growth and there is plenty of parking available for customers.

“The property is in a great location and has excellent visibility from the freeway,” said Brian Cohen, Andover’s President, and CEO. “We are pleased to announce this latest acquisition in Galveston and are looking forward to servicing new customers in this community with our facility.”

The Storage King USA portfolio now totals 157 facilities in 18 states across the country, particularly in the Sunbelt. There are 53 facilities in Texas.

About Andover Properties, LLC
Andover Properties, LLC 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 over 12+ million rentable square feet across 157 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 Andover Properties website: https://www.andoverprop.com

Contact:
Sarah S. Berman
The Berman Group, Inc.
212.450.7300
sberman@bermangrp.com

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