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Role

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

Unique Approach

• Addressed tight timeline
• Overcame budget constraints

Outcomes

• Work completed
• Facility opened successfully for storage use

Scope of Work

Development of an approximately 1280-unit self-storage facility including 74 recreational vehicle parking spaces.

Project Summary

• Client: One of the largest institutional private equity investment firms
• Location: Boston, MA
• Size: 1283 units, 116,400 RSF
• Timeline: 2016 to 2018
• Services: Due Diligence and Development Oversight
• Cost: $9 million
• Architect: Jordan Architects
• Contractor: Construction Source Management