StorQuest Pearl Street
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StorQuest Pearl Street

Boulder, CO

Industrial - Self-Storage

Due Diligence


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

Unique Approach

  • Covered, secure parking for recreational vehicles (RVs) on site is in high demand in this area.
  • Site was redeveloped from an auto impoundment yard.
  • The City of Boulder experienced a lengthy Covid-19 shutdown, but allowed work to continue with third-party inspections as needed.
  • Some project delays because of weather and Covid-19 issues, particularly for the RV canopies.


  • Achieved substantial completion
  • Leasing well

Scope of Work

High-end self-storage warehouse in rapidly growing Boulder, Colorado.  Marketed to businesses and individuals, especially college students, needing storage space. Contains 88 covered RV spaces.

Project Summary

  • Client: One of the largest institutional private equity investment firms
  • Location: Boulder, CO
  • Size: 719 storage units, 3 floors, 58,369 RSF
  • Timeline: 2018 to 2020
  • Services: Due Diligence
  • Cost: $12 million
  • Architect: Galloway & Company
  • Contractor: Waner Construction Company