Jim Berry is the Managing Member of RRB Development, LLC. (“RRB”) where Jim has been actively developing Self-Storage assets in and around the Atlanta MSA. Jim feels strongly that current and long-term demographics coupled with the lack of newly built supply has created an amazing window of opportunity to develop more self-storage facilities. Additionally, given the outstanding historical performance and stable cash flows that the self-storage asset class has proven to provide investors, Jim feels that demand from institutional and private investors will not only increase, but also sustain through future market cycles. Since 2015, RRB has closed on over $60 million of debt and equity comprising over 650,000 square feet of commercial real estate.
Jim seeks to apply his experience in mixed-use masterplanned and New Urbanist developments to urban infill self storage development. As traditional suburban real estate (such as offices, apartments and retail) has morphed in form to accommodate an urban context, so too must self storage if it is to fit seamlessly within these urban environments. Today’s urban municipalities have adopted a variety of smart growth and urban infill codes and regulations focused on creating a lively pedestrian friendly environment that offers live/work/play opportunities. Jim has had great success by applying his understanding and previous experience in New Urbanism while working with governing authorities and neighboring stakeholders to design a project which is commensurate with the existing urban context.
Prior to forming RRB, Jim was the Executive Vice President and General Manager of Las Catalinas in Costa Rica, which is a 1,200 acre mixed-use New-Urbanist resort town. Jim started working at Las Catalinas in late 2006 after finishing a condo project located a few hours south. As the first employee at Las Catalinas, Jim was responsible for all aspects of the greenfield development project starting with initial infrastructure and land planning studies, zoning and entitlements, master and phase infrastructure construction, vertical construction, legal, accounting, government relations, environmental affairs, community development, operations, sales and forward strategy. Since 2006, Jim had the privilege to assemble, hire, manage and supervise an excellent group of professionals and led the company’s personnel growth to over 60 direct employees in addition to a myriad of contractors, consultants, attorneys and advisors.
Jim decided to make the move to Costa Rica in late 2005 after his employer, Sivica Communities in Atlanta, asked him to move to Charleston, SC to open new office. Jim served as a Regional Manager & Land Development Manager for Sivica and was responsible for all aspects related to the delivery of the developed property including but not limited to overseeing engineered design, permitting, bid and award of contracts, contract management, inspections, plat approval and recording, and builder inspection and delivery. Prior to joining Sivica, Jim worked as a Commercial Leasing Associate at Dewberry Capital after graduating from Georgia Tech, where he also interned with The Myrick Company and Post Properties during his studies.
Jim has been a member of the Urban Land Institute, the Congress for New Urbanism(CNU), the International Council of Shopping Centers (ICSC), is a licensed Georgia Real Estate agent, and taken several CCIM certification classes. As a second generation developer, Jim spent his childhood driving around sitting on his father’s armrest as his father and his partners considered different properties, visited tenants and created back of envelope deals. Jim is excited about the current market cycle and working with his investment partners to maximize the use and profitability of their real estate holdings, as well as identify opportunities to develop and aquire properties. Jim enjoys golf, outdoor adventure sports, grilling on his Big Green Egg and spending quality time with his daughter Lucy, son Reid and wife Julia.