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Role

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

Unique Approach

• Relocated water lines.
• Abated asbestos of existing structure prior to demolition.
• Significant dirt removal and regrading between streets at two different elevations.

Outcomes

• Project completed on time and budget.
• Leased up successfully.

Scope of Work

Development of a three-story climate-controlled self-storage facility.

Project Summary

• Client: One of the largest institutional private equity investment firms
• Location: Denver, CO
• Size: 876 units, 3 floors, 77,055 RSF, 117,981 GSF
• Timeline: 2016 to 2018
• Services: Due Diligence and Development Oversight
• Cost: $12 million
• Design-Builder:  DCB Construction Company