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Andover Properties Expands Texas Portfolio With Acquisition Of Two Self-Storage Properties In Houston Area

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SOLD

Texas

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Self Storage102,410 SF
Sold 06/08/2023
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SOLD

Andover Properties Expands Texas Portfolio With Acquisition Of Two Self-Storage Properties In Houston Area

1411 West Cedar Bayou Lynchburg Baytown, Texas 77521, USA

See Similar Deals
Self Storage102,410 SF
Sold 06/08/2023
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:Self Storage
Price Per Square Foot:$0
Total Square Footage:102,410 SF
Transaction Type:Sale

Andover Properties has expanded its Texas portfolio with the acquisition of two self-storage properties in the Greater Houston Area. The properties, previously operated by Steelcreek Management under the Watson & Taylor Self Storage brand, have been rebranded as Storage King USA. They offer a combined total of 102,410 square feet of space and are located at 1411 W. Cedar Bayou Lynchburg and 828 60th Street, spanning 5.7 acres in Baytown and Galveston.

Summary of Transaction Details

  • Property Type: Self Storage
  • Transaction Amount: Not specified
  • Address: 1411 W. Cedar Bayou Lynchburg & 828 60th Street
  • Market: Baytown & Galveston
  • Square Footage: 102,410
  • Acres: 5.7
  • Buyer: Andover Properties - Brian Cohen
  • Seller: Steelcreek Management

The buyer, Andover Properties, was represented by Brian Cohen. Steelcreek Management served as the seller in this transaction.

Players

Brian Cohen
Andover Properties
Brian Cohen
9 deals$150.6M volume
BUYER

Details

SOLD
IMAGE: 06/08/2023 ADDRESS: 1411 W. Cedar Bayou Lynchburg & 828 60th Street MARKET: Baytown & Galveston ASSET TYPE: Self Storage ~ SF: 102,410 ~ ACRES: 5.7 BUYER: Andover Properties -Brian Cohen SELLER: Steelcreek Management NOTE: Andover Properties has expanded its Texas portfolio by acquiring two self-storage properties in the Greater Houston Area. The properties, previously operated by Steelcreek Management under the Watson & Taylor Self Storage brand, will now be rebranded as Storage King USA, offering a combined total of 102,410 square feet of space.

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