Westchester County self-storage property sells to Horizon Storage Group

NEW YORK, N.Y., June 29, 2026 – JLL Capital Markets announced today that it has arranged the sale and facilitated the financing for Jefferson Valley Self Storage, a 405-unit self-storage facility in Jefferson Valley, New York.

JLL’s Self-Storage Capital Markets team marketed the property on behalf of the seller, Columbia Pacific Advisors. Horizon Storage Group purchased the asset with acquisition financing provided by Andover Lending, a joint venture between Andover Properties and TPG Angelo Gordon.

Completed in 2022, Jefferson Valley Self Storage is a Class A facility offering 55,311 rentable square feet. The property is a conversion of a former big-box retail store and underwent a full rehab, including a new roof and comprehensive building system upgrades. At the time of sale, the facility was 87% leased.

The property is located on a 3.6-acre site at 621 Bank Road in Westchester County, a highly-desired suburban county north of New York City. Positioned just northeast of U.S. Highway 6 and Taconic State Parkway, Jefferson Valley Self Storage is easily accessible and is the only self-storage facility within a three-mile radius. The property benefits from being surrounded by an affluent population of more than 81,000 residents earning an average household income of $189,722 within five miles of the facility.

JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500^® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

Columbia Pacific Advisors (CPA) manages more than $3.39^[1] billion across a variety of alternative investment strategies including private equity, public equity, real estate, distressed debt and special situation lending. CPA’s commercial real estate activity includes both equity investment and investment as a lender, with expertise spanning a variety of property types, including multifamily, senior housing, affordable housing, hospitality, and self-storage.  For more information, visit www.columbiapacific.com.

^[1] As of December 31, 2025.  Rounded down to the nearest $100,000.  Assets under management is calculated based on (i) quarter end net asset value for open end funds, closed end funds and separately managed accounts, plus (ii) unfunded capital commitments for funds that intend to call additional capital.

Horizon Storage Group was founded in 2015 and has more than $2 billion of ground-up development experience. The company was established by a team of managing partners with extensive experience in large-scale development and construction, including high-profile projects like the F22 Raptor, particle accelerators, and nuclear enrichment facilities.  This background in complex, high-stakes projects gives them a disciplined and precise approach to self-storage development with a unique and methodical mindset.  For more information, visit www.horizonstoragegroup.com.

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. Our lending platform, Andover Lending, was established in 2024 to provide max-proceeds, non-recourse, bridge and construction financing for properties or portfolios across the United States.  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 www.andoverprop.com.