StorQuest Lakewood
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Lakewood, CO

Industrial - Self-Storage Facility

Due Diligence and Development Oversight

    Role

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

    Unique Approach

    • Required watermain extension.
    • Faced height limits and landscaping requirements.
    • Added retail to satisfy local jurisdiction requirements.
    • Utility lines required re-location.
    • Underground foundations discovered upon excavation.

    Outcomes

    • Completed as planned.
    • Successfully leased.

    Scope of Work

    Development of a new 3-story, climate-controlled self-storage facility.

    Project Summary

    • Client: One of the largest institutional private equity investment firms
    • Location: Lakewood, CO
    • Size: 859 storage units, 3 floors, 103,508 RSF
    • Timeline: 2015 to 2017
    • Services: Due Diligence and Development Oversight
    • Cost: $14 million
    • Design-Builder: DCB Construction Company
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