{"id":12758,"date":"2026-10-09T13:16:21","date_gmt":"2026-10-09T13:16:21","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=12758"},"modified":"2026-10-14T13:20:49","modified_gmt":"2026-10-14T13:20:49","slug":"andover-and-heitman-launch-self-storage-joint-venture-across-16-states","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/andover-and-heitman-launch-self-storage-joint-venture-across-16-states\/","title":{"rendered":"Andover and Heitman Launch Self-Storage Joint Venture Across 16 States"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><img loading=\"lazy\" class=\" wp-image-12759 alignright\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2026\/10\/andover.png\" alt=\"\" width=\"184\" height=\"138\" \/>Andover Properties and Heitman have formed joint ventures to build a national self-storage portfolio, launching with more than 106 properties across 16 states. The partnership will pursue value-add and core-plus investment strategies, with both firms characterizing current market pricing as an opportunity to acquire assets below replacement cost. Additional market expansion is planned.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">The transaction is among the larger institutional self-storage platform formations disclosed during the current period of reduced new supply and post-pandemic demand normalization.<\/span><\/span><\/span><\/p>\n<p><a style=\"display: inline-block; background-color: #f97033; color: #ffffff; padding: 8px 14px; font-size: 13px; font-weight: 600; text-decoration: none; border-radius: 4px; line-height: 1.2;\" href=\"https:\/\/finance.yahoo.com\/real-estate\/articles\/andover-heitman-form-self-storage-161533293.html\" target=\"_blank\" rel=\"noopener noreferrer\">Read the Full Article<br \/>\n<\/a><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><span style=\"text-decoration: underline;\"><strong>Source<\/strong><\/span>: Yahoo Finance<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Andover Properties and Heitman have formed joint ventures to build a national self-storage portfolio, launching with more than 106 properties across 16 states. The partnership will pursue value-add and core-plus investment strategies, with both firms characterizing current market pricing as an opportunity to acquire assets below replacement cost. Additional market expansion is planned. The transaction is among the larger institutional self-storage platform formations disclosed during the current period of reduced new supply and post-pandemic demand normalization. Read the Full Article Source: Yahoo Finance<\/p>\n","protected":false},"author":13,"featured_media":12759,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[23,6,56],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12758"}],"collection":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/comments?post=12758"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12758\/revisions"}],"predecessor-version":[{"id":12760,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/12758\/revisions\/12760"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/12759"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=12758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=12758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=12758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}