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Role

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

Unique Approach

• Adjacent highway right-of-way parameters
• Tight site conditions within existing neighborhood

Outcomes

• Work completed
• Leased up successfully

Scope of Work

Development of a ground up, three-story and climate-controlled self-storage facility.

Project Summary

• Client: One of the largest institutional private equity investment firms
• Location: La Mesa, CA
• Size: 893 units, 3 floors, 78,000 SF
• Timeline: 2014 to 2017
• Services: Due Diligence and Development Oversight
• Cost: $13 million
• Design-Builder: DCB Construction