Andover Properties Expands Virginia Presence with Acquisition of Multi-Story Self-Storage Facility in Norfolk

NEW YORK, New York – April 7, 2025 – Andover Properties, a leading real estate investment firm focused on alternative asset classes, is pleased to announce its latest acquisition in Norfolk, Virginia under the firm’s Storage King USA brand.

The property, located at 7533 Sewells Point Rd., Norfolk, VA 23513, was recently renovated in 2023 with the addition of a multi-story, climate-controlled building. The 99,455-square-foot facility contains an attractive mix of both traditional and climate-controlled options across its 948 units.

“Andover Properties is excited to expand our footprint in Virginia, a growing market within our national portfolio,” said Brian Cohen, CEO of Andover Properties. “This facility’s modern climate-controlled offerings and strategic location make it an excellent addition to our Storage King USA portfolio.”

Situated near the Washington Park and Chesapeake Gardens neighborhoods, the facility benefits from its proximity to the Little Creek Shopping Center and a Planet Fitness location.

Storage King USA continues to provide a seamless customer experience, with features including online rentals and account management.

For more information about this new location, or to inquire about rental availability, please visit the Storage King USA website.

About Andover Properties
Andover Properties is an investment firm specializing in alternative real estate asset classes such as self storage, manufactured housing, RV parks, small bay industrial, and car washes. We are one of the largest private owner-operators of self storage facilities in the U.S. Our portfolio totals over 14 million square feet across 160+ facilities in 19 states and operates under our Storage King USA brand. Founded in 2003 by Brian and William Cohen, Andover is headquartered in New York City, with offices in Miami and San Francisco. For more information, visit Andover Properties.

Contact:

Sarah S. Berman

The Berman Group, Inc.

(212) 450-7300

sberman@bermangrp.com