Riverside Research Park
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Riverside Research Park

Frederick, MD

Office - Administration and Research Facility

Due Diligence

Our Role

RPL provided due diligence services on behalf of a private equity investor partnering with local developer.

Unique Approach

  • Complicated design for a variety of facility uses.
  • New buildings subject to an under-development master park.


  • Provided thorough review of technical, managerial, schedule and cost elements of project.
  • Helped investor understand and accept the risks involved in financing the development.
  • Project completed successfully (post RPL involvement).

Scope of Work

Development of a three-building research and administrative complex for the National Cancer Institute.

Project Summary

  • Client: Reputable private equity real estate owner and investor
  • Location: Frederick, MD
  • Size: 3 units, 330,000 GSF
  • Timeline: 2009 to 2011
  • Services: Due Diligence
  • Cost $40 Million
  • Architect: HDR Architecture
  • Contractor: Morgan-Keller Construction