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Development Boom Arrives in Compton

Westport Properties is investing in infrastructure and a community park to win community support for a self-storage development in Compton.

Westport Properties Westport Properties

Los Angeles’ development boom has hit Compton. Westport Properties has acquired a land site in the market to develop a self-storage facility. In addition to the development of the self-storage facility, the developer is also making a significant investment in the community by building a pocket park and an adjacent sports field for little league. Construction on the 1,390-unit self-storage facility will being next year, and the property will deliver in 2019.

“There is a lot of different product types that are able and willing to pay high prices for properties. It was very difficult to find a site that worked for us,” Charles Byerly, president and CEO of Westport Properties, tells GlobeSt.com. “There is a lot of competition in Compton, as well as the surrounding markets. This market is becoming very difficult to get into.”

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Kelsi Maree Borland

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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