Riverside Research Park
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Frederick, MD

Office - Administration and Research Facility

Due Diligence

    Our Role

    RPL provided due diligence services on behalf of a private equity investor partnering with local developer.

    Unique Approach

    • Complicated design for a variety of facility uses.
    • New buildings subject to an under-development master park.

    Outcomes

    • Provided thorough review of technical, managerial, schedule and cost elements of project.
    • Helped investor understand and accept the risks involved in financing the development.
    • Project completed successfully (post RPL involvement).

    Scope of Work

    Development of a three-building research and administrative complex for the National Cancer Institute.

    Project Summary

    • Client: Reputable private equity real estate owner and investor
    • Location: Frederick, MD
    • Size: 3 units, 330,000 GSF
    • Timeline: 2009 to 2011
    • Services: Due Diligence
    • Cost $40 Million
    • Architect: HDR Architecture
    • Contractor: Morgan-Keller Construction
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