Andover Properties completed an acquisition of a two-property self-storage portfolio located in the Denver metropolitan area.
Published by Andover Properties. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Andover Properties acquired the 54,000 sq ft, 487-unit Cleveland Storage self-storage facility in Garner, North Carolina (Raleigh metro), now operating under the Storage King brand; the seller and price were not disclosed.
Self-storage operators have a powerful tool to deal with non-paying tenants: lien foreclosures. However, one small mistake can lead to serious legal trouble and costly wrongful-sale claims. Understanding the basic framework and staying on top of compliance requirements protects your business from one of the…
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