The facility is expected to be complete late next year
November 9, 2017: Established in 2003 and based in New York City, Andover Properties LLC, which manages the Storage King USA brand, has acquired a 3-acre parcel in Homestead, Florida., on which it plans to build a 110,000-square-foot self-storage facility.
“The site is in a great location. It is right next to a Walmart on the busy intersection of three streets, including U.S. Route 1/Dixie Highway, and will be visible from and have signage on that road, which gets 30,000 vehicles per day,” said Brian Cohen, company president.
The property will have one multi-story, climate-controlled building as well as several single-story structures with drive-up units.
The release stated that, Andover plans to develop more facilities in Florida, currently it manages 10 locations in the state.
Andover owns and operates 28 self-storage facilities in nine states, totaling nearly 1.8 million rentable square feet of storage space in 15,000 units.