Andover Properties Buys Self-Storage Facility in Fayetteville, NC

Andover Properties Buys Self-Storage Facility in Fayetteville, NC

Andover Properties recently acquired a 23,500-square-foot self storage facility in Fayetteville, NC. The former A-1 Lakeview Safe Storage will be rebranded under Andover’s Storage King USA brand. This property offers 132 drive up and climate controlled storage units with visibility and access from King Road situated on 9 acres of land with ample customer parking available.

Brian Cohen, President and CEO of Andover commented “This new facility is a complement to our existing storage units already in the area; we are confident that our institutional management practices will ensure it receives the attention it deserves.” With this acquisition, the Storage King USA portfolio now totals 155 facilities across 18 states primarily located in Sunbelt regions including 14 facilities throughout North Carolina such as Raleigh, Nags Head, Winnabow Kitty Hawk Hope Mills Calabash and Apex.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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