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Andover Properties Purchased the Two-Property Green Light Storage portfolio in Seguin, Texas
Andover Properties operates the Storage King USA brand

October 4, 2021: Andover Properties LLC purchased the two-property Green Light Storage portfolio in Seguin, Texas. Together, the facilities at 430 E. Interstate 10 and 1842 W. Interstate 10 comprise 97,175 rentable square feet in 740 units. One is pre-approved for a 65,000-square-foot expansion.

The acquisition was the company‚Äôs second and third in the San Antonio, Texas, metropolitan area and 29th and 30th in the state. 

Andover Properties established in 2003 and based in New-York, acquires, develops and manages industrial and retail properties in addition to car washes and self-storage facilities. The firm owns and manages 103 storage properties in 16 states, comprising 7.8 million square feet across 49,900 units.


Source: https://www.insideselfstorage.com/acquisitionsbuying/self-storage-real-estate-acquisitions-and-sales-september-2021