Greenscape Development Partners (GDP) formed an initiative in 2017 to create $1.25 Billion in new self-storage project value by 2026. Developing sites nationwide GDP finds underserved micro-markets in 27 MSAs.
While GDP's founders have and do develop many product types, today the majority of GDP's projects are self-storage. GDP develops between 8-10 projects per year with an average budget volume of $70 million in total development. GDP employs a metric-based approach to creating value that reduces risk by identifying the characteristics of a site necessary to lease projects well under the national average.
GDP's approach offers investors significant returns and often a return of equity. Self-storage proved in the Great Recession to be a very stable and well-performing asset class. GDP positions investors to receive quality returns in any market.