NEW YORK, Sept. 10, 2026 /PRNewswire/ — Andover Properties, a vertically integrated real estate investment firm specializing in alternative asset classes, today announced the acquisition of a self storage facility in Leominster, Massachusetts. The acquisition further expands Andover’s growing presence in the Northeast and adds another high-quality asset to its national self storage portfolio.

Located at 123 First Street in Leominster, MA, the property spans nearly 62K NRSF across almost 800 units. Originally built in 1901, the facility offers a diverse mix of climate-controlled storage with convenient drive-up access options. Additional amenities include elevator and freight lift access, loading docks, and video surveillance, amongst others.

“This acquisition exemplifies Andover’s core investment strategy of acquiring well-located facilities from independent owners and leveraging our robust operating platform to unlock value,” said Brian Cohen, President and CEO of Andover Properties. “Leominster is an attractive market with strong fundamentals. As we continue to grow across the Northeast and nationally, acquisitions like this demonstrate the strength of our strategy.”

The facility will operate under Andover’s Storage King USA brand and benefit from the company’s in-house operating expertise, which spans property management, asset management, marketing, revenue management, capital markets, and construction.

For more information about this new location, or to inquire about rental availability, please visit the Storage King USA website.

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 14 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 media inquiries:
Andover Properties
press@andoverprop.com

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SOURCE Andover Properties