Heitman

Andover Properties, Heitman Launch JVs for 106-Property Storage Portfolio

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Andover Properties, Heitman Launch JVs for 106-Property Storage Portfolio

New York – – October 07, 2026 -- Andover Properties and Heitman have formed joint ventures to acquire and operate a portfolio of more than 106 self-storage properties spanning 16 U.S. states, combining value-add and core-plus investment strategies.

Andover and Heitman target expansion across U.S. self-storage markets

The two firms plan to grow the portfolio further across additional markets nationwide, betting that current pricing allows acquisition of high-quality assets at discounted valuations.