Andover Properties' Storage Portfolio, Storage King USA, Surpasses 15 Million Square Feet and 100,000 Self Storage Units, Cementing Its Position As One Of The Largest Private Owners In The Country

NEW YORK, Sept. 29, 2026 /PRNewswire/ -- Andover Properties, a vertically-integrated real estate investment firm specializing in alternative asset classes, announced today that its Storage King USA self storage portfolio has surpassed 15 million square feet and 100,000 units in size, marking a significant milestone in the firm's 23 year history.

The achievement underscores Andover's status as one of the largest private owner-operators of self storage in the United States, with a national portfolio spanning more than 175 facilities in 20 states and operating under the Storage King USA brand.

Founded in 2003, Andover has built its self storage business through multiple real estate and economic cycles, with a vertically-integrated platform responsible for acquisitions, development, capital markets, investment structuring, property management, and asset management.

"Reaching this milestone is a reflection of the platform we've spent more than two decades building," said Brian Cohen, President and CEO of Andover Properties. "We've always believed that the best way to build a durable real estate business is to stay disciplined in how we invest and continuously improve how we operate. That approach has allowed us to grow through very different market environments, and we believe it gives us an even stronger foundation for the coming opportunities in the self storage sector."

Zach Harding, Chief Investment Officer of Andover Properties, added: "Our scale allows us to see the market differently. We can identify trends across our entire portfolio, encompassing tens of thousands of customers, then use those insights to make better decisions that range from operations to acquisition sourcing. Every property we add gives our team more operating experience and more data, which is a meaningful differentiator for Andover."

The milestone comes as Andover continues to expand its presence across alternative real estate sectors, including self storage, car washes, small bay industrial, and manufactured housing.

About Andover Properties

Andover Properties is an investment firm specializing in alternative real estate asset classes, including self storage, manufactured housing, RV parks, small bay industrial, and car washes. The firm is one of the largest private owner-operators of self storage facilities in the United States, with a portfolio exceeding 15 million square feet across more than 175 facilities in 20 states. Founded in 2003 by Brian and William Cohen, Andover is headquartered in New York City with offices in Miami and San Francisco. For more information, visit www.andoverprop.com.

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SOURCE Andover Properties