Trusted and Experienced Partner for Niche Asset Classes

About Us

Andover Properties is an investment firm which owns, operates, and develops commercial property throughout the United States, with a focus on alternative real estate asset classes such as self storage, car washes, manufactured housing and RV communities. We are one of the largest private owner-operators of self storage facilities in the United States.

We are a best-in-class, vertically integrated, owner-operator with entrepreneurial spirit and expertise in acquisitions, development, capital markets, investment structuring, property management, and asset management. Our senior leaders have over two hundred years of combined real estate experience and our investors and partners include global institutional investors and high net worth individuals.

Andover Properties is headquartered in New York City, New York with offices in Miami, Florida and San Francisco, California.

20+
Year Track Record
170+
Total Properties
$2.8B+
Portfolio Value
14M+
Total Square Feet
69%
ITD Realized IRR1
2.8x
ITD Realized MOIC1

Investment Philosophy

We are focused on select asset classes where our vertically integrated platform provides proprietary insights and real-time information to identify patterns and opportunities.

Our long-term view allows us to be opportunistic across investment cycles and our disciplined investment framework ensures we adhere to our guiding principles in all market conditions.

High Growth or Undersupplied Markets
Capital Structure Issues
Under-leased
Renovation, Expansion or Construction Opportunities
Operator Inefficiencies

1IRR and MOIC shown are net of all Andover fees but prior to any Andover promote. Past performance is not necessarily indicative of future results, and there can be no assurance that the company will achieve comparable results in the future. These figures include all realized investments in the Andover Properties portfolio through October 31, 2024

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