707 Caton Avenue

  • In partnership with the site’s long-time owner, for whom the property became surplus, Garver initiated this project by analyzing the market
  • Served as Developer for the partnership for this 92,000 square foot 738 unit new self-storage facility

OUR ROLE: Developer & Joint Venture Owner

PROJECT TYPE: Self Storage


Protecting Interests

  • Oversaw all entitlements, financing, design & construction, schedule and budget
  • Negotiated contract with ExtraSpace to provide third-party management

Value Creation

  • Delivered project on time and significantly under budget
  • Saved over $500K in construction costs by throwing out bids and re-bidding twice in a chaotic bidding environment, impacted by an overtaxed industry and cost escalation
  • Obtained Enterprise Zone designation with its significant property tax abatement
  • Achieved acceptance into the BGE SEED program, with its deep discounts to required BGE work and reduced energy costs for the life of the business

Contact Us

1340 Smith Avenue
Suite 200
Baltimore, MD 21209