StorQuest La Mesa
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StorQuest La Mesa

La Mesa, CA

Industrial - Self-Storage Facility

Due Diligence and Development Oversight

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