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Our Role

RPL provided due diligence and development oversight services on behalf of an institutional equity partner.

Unique Approach

• Guided project through challenging zoning and boundary issues
• Oversaw building construction through down period and modification of work in progress

Outcomes

• Facility was completed for use
• Storage units rented successfully

Scope of Work

Development of a 3-story, climate-controlled storage facility and single-story of drive-up units.

Project Summary

• Client: One of the largest institutional private equity investment firms
• Location: Tarpon Springs, FL
• Size: 3 floors, 564 units, 66,173 RSF, 88,113 GSF, 7.43 acres
• Timeline: 2017 to 2020
• Services: Due Diligence and Development Oversight
• Cost $6 Million
• Architect: Stinard Architecture
• Contractor: Griffco Design/Build