Self-Storage Investment Firm BDG Makes Atlanta List of Largest Industrial-Commercial Developers

Boardwalk Development Group LLC (BDG), a private-equity investment company focused on self-storage, ranked ninth on the 2023 list of largest industrial-commercial developers in Georgia by the weekly newspaper “Atlanta Business Chronicle.” Self-storage is a subgroup of that category, according to a press release.

Ranking is based on square footage developed over the year. BDG has eight self-storage ground-up or conversion projects underway. The average facility size is 120,000 gross square feet, the release stated.

“With these eight projects, our current executive leadership-management team will have built in just two years what I have accomplished in 16 years in terms of the value of assets under management,” said Rajen Sheth, CEO and founder. “Boardwalk is at a true inflection point in its business cycle. I look forward to what this team will achieve over the next three years.”

Founded in Atlanta in 2016, BDG specializes in self-storage and boat/storage acquisition, development, investment, and operation in the Southeast. It has acquired or built more than $500 million in the sector.