Stor-U-Self Audubon
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Stor-U-Self Audubon

Lynnfield, MA

Industrial - Self Storage

Due Diligence and Renovation Oversight

Our Role

RPL supported financier in due diligence and watched over the renovations to completion.

Unique Approach

  • Obtained zoning approvals
  • Converted an existing lift to serve as a formal elevator
  • Customary challenges in adaptive reuse from industrial to self-storage

Outcomes

  • Renovations completed
  • Facility successfully opened for storage use

Scope of Work

Conversion of old industrial building into a self-storage facility with over 900 units on two floors.

Project Summary

  • Client:One of the largest institutional private equity investment firms
  • Location: Lynnfield, MA
  • Size: 934 units, 2 floors, 83,400 SF
  • Timeline: 2015 to 2017
  • Services: Due Diligence and Renovation Oversight
  • Cost $3 Million
  • Contractor: RJ Kelly Co.