REIT - Self Storage

Asset Management
Client: Public Storage
Year: 2022
Status:
Complete
,
Commercial
,
REIT - Self Storage
I successfully managed a nationwide LED upgrade program with a $12 million budget, overseeing more than 800 sites. I played a pivotal role in identifying capital expenditure needs, detailing scopes of work, and estimating budgets for diverse projects, ranging from $5,000 apartment renovations to $350,000 structural design initiatives, covering 150 self-storage facilities across Chicago, Milwaukee, and Indianapolis. My responsibilities extended to conducting due diligence for singular and portfolio acquisitions nationwide, involving site assessments and comprehensive analyses of ROI, yield, and cap rates. Additionally, I developed strategic asset plans for assigned properties by evaluating existing conditions, monitoring work progress, and ensuring project completion adhered to company standards. I also contributed to the creation and implementation of project management tools, such as Excel models, e-surveys, and automation systems, enhancing efficiency for quality control and reporting.
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[ TEAM ]

Client: Public Storage

Asset Manager: Sukhmit Kalsi

[ SCOPE ]

Size: 100+ self storage facilities in the Midwest Market, 800+ along east coast for special projects

Role: Managed capital expenditures for Chicago, Milwaukee, and Indianapolis self storage facilities; acquisitions analyst on deals ranging from $11M- $2B; lead project manager on major renovation projects including $12M LED upgrades, structural roof repairs, apartment refurbishments, and lobby renovations for rebranding.

REIT - Self Storage
REIT - Self Storage
REIT - Self Storage
REIT - Self Storage
REIT - Self Storage
REIT - Self Storage