StorQuest West Babylon
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StorQuest West Babylon

West Babylon, NY

Industrial - Self-Storage

Due Diligence and Development Oversight

Role

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

Unique Approach

  • Abatement of asbestos prior to existing structure demolition.
  • Removal of fuel oil tanks related to historical auto-repair uses.
  • Zoning variances required for parking and setbacks.

Outcomes

  • Completed work without disturbing adjacent Long Island Railway.
  • Provided much-needed storage for the community.

Scope of Work

Construction of a two-story, steel frame, climate-controlled self-storage facility.

Project Summary

  • Client: One of the largest institutional private equity investment firms
  • Location: West Babylon, NY
  • Size: 855 storage units, 2 floors, 93,600 RSF
  • Timeline: 2016 to 2018
  • Services: Due Diligence and Development Oversight
  • Cost: $13 million
  • Architect: Frank G. Relf
  • Contractor: Racanelli Construction