Storage Space operates 13 facilities in four states
October 2, 2018: The Store Space self storage headquartered in Orlando, Fla., has acquired three Storage King USA properties in Philadelphia from Andover Properties LLC. The properties at 3100 C. St., 5134 Lancaster Ave. and 335 E. Price St. features 235,000 square feet of rental space and 2,146 units of store Space portfolio, according to the press release.
The New York City based Andover Properties established in 2003 owns and operates 29 self-storage facilities in 9 states. The company focuses on the acquisition, development and management of industrial, retail and self-storage facilities, primarily in the North and Southeast.
The newly launched storage space headquartered in Orlando, Florida provides third-party management services to other self-storage operators also.
“The acquisition of these three properties gives us a foothold in the Philadelphia market. Through strategic capital expenditures and additional acquisitions, we'll position ourselves as a leader in the market.” said by Rob Consalvo, chief operating officer and president for Store Space.