Riverbend Development Company
Riverbend Development Company is a privately held El Paso-based commercial real estate firm that acquires, develops, and manages Class A office, retail, and self-storage assets across Texas, serving high-net-worth investors, family offices, and REITs through direct partnerships and a Juniper Square investor portal.
- Company typePrivate
- Founded-
- HeadquartersEl Paso, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Riverbend Development Company does
Riverbend Development Company is a privately held commercial real estate development and investment firm headquartered in El Paso, Texas. It operates through three product lines: corporate and flex office parks (Class A suburban offices and light industrial/flex space), retail centers (traditional strips to modern walkable outdoor centers), and self-storage facilities operated via its wholly owned subsidiary My Garage Self Storage, which holds over 1 million square feet across 19 facilities in Texas. The firm pursues Core-Plus and Value-Add opportunities focused on secondary and tertiary Texas markets where it cites local relationships with governments, agencies, and contractors as enabling fast acquisitions and attractive terms. Leadership comprises CEO Will S. Harvey (17+ years in CRE) and CIO/CFO Paul Broaddus (15 years in asset management and real estate, CPA), with the principals collectively reporting more than 90 years of experience.
The firm's go-to-market is sales-led and relationship-based. On the investor side, it sources capital from high-net-worth individuals, family offices, and REITs through direct partnerships and an investor portal hosted on Juniper Square; pricing is not publicly disclosed and is deal-specific. On the operating side, it manages properties internally with a hands-on approach, with disclosed tenants including WellMed Medical Management and the State of Texas in its corporate and flex office parks. No proprietary technology platform, AI/ML capability, patent portfolio, mobile application, or public API is referenced; the firm relies on standard CRE workflows plus an ADP employee login and the Juniper Square investor portal.
Commercially, Riverbend earns revenue from one-time real estate transactions (acquisition, development, disposition) and from recurring property management services across owned and partnered assets. Revenue is not publicly disclosed and there are no disclosed funding rounds; the company is private with no parent entity, no public ticker, and 1-10 listed employees. Geographic operations are concentrated in Texas (with emphasis on West Texas, El Paso, Dallas, and secondary/tertiary markets), and the firm does not claim a global footprint.
Riverbend Development Company firmographics
Firmographics- Name
- Riverbend Development Company
- Legal name
- Riverbend Development Company
- Website
- https://rbdevco.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Riverbend Development Company is a privately held El Paso-based commercial real estate firm that acquires, develops, and manages Class A office, retail, and self-storage assets across Texas, serving high-net-worth investors, family offices, and REITs through direct partnerships and a Juniper Square investor portal.
- Ownership category
- akta.pro rank
Riverbend Development Company industry classification
Industry- Product category
- Commercial Real Estate Development
- NAICS
- Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Lessors of Miniwarehouses and Self-Storage Units (53113), Real Estate Property Managers (53131)
- SIC
- Operators Of Nonresidential Buildings (6512), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Mixed-Use Property Management (BPAJAGAE)
- akta.pro secondary industry
- Self-Storage Property Management (BPAJAGAM)
Keywords
Where Riverbend Development Company is headquartered
LocationHeadquarters
- HQ city
- El Paso
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Riverbend Development Company business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D
Revenue model
- Commercial Real Estate Investment and Development: Acquisition, development, and management of commercial real estate assets including office, retail, self-storage, and industrial properties. Revenue is generated through property appreciation, leasing income, and investment returns to partners.
- Property Management Services: Hands-on property management services ensuring tenants receive quality service while aligning investor and tenant interests.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Riverbend Development Company product offering
Product offeringCore offering
Riverbend Development Company acquires, develops, and manages commercial real estate assets across Texas, including Class A suburban corporate and flex office parks, retail centers ranging from traditional strips to modern walkable outdoor centers, and self-storage facilities operated through its wholly owned subsidiary My Garage Self Storage. The firm offers real estate investment opportunities to high-net-worth individuals, family offices, and REITs, while providing hands-on property management services to commercial tenants.
Product overview
Riverbend Development is a privately held real estate development and investment firm offering three core product lines: Corporate and Flex Office Parks (Class A suburban offices and light industrial/flex spaces), Retail Centers (traditional strips to modern walkable outdoor centers), and Self-Storage Facilities operated through its wholly owned subsidiary My Garage Self Storage. The firm focuses on Core-Plus and Value-Add opportunities in office, retail, and storage properties, with over 90 years of combined experience in construction, ownership, and management of various real estate asset classes.
Differentiator
Problem solved
Functional benefit
Brands
- My Garage Self Storage: Wholly owned brand through which Riverbend Development operates its self-storage platform. Includes over 1M sq ft of rentable space across 19 facilities in Texas.
Products and services
- My Garage Self Storage
- Corporate and Flex Office Parks
- Retail Centers
Companies that use Riverbend Development Company
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
Riverbend Development Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Riverbend Development Company partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor and core.
- Donaldson ConstructionminorDonaldson Construction served as a project partner in the Woods Rogers Charlottesville office relocation at Apex Plaza, where Riverbend Development was also a project partner.
- Two Street StudiominorTwo Street Studio served as a project partner in the Woods Rogers Charlottesville office relocation at Apex Plaza, where Riverbend Development was also a project partner.
- My Garage Self StoragecoreMy Garage Self Storage is a wholly owned subsidiary/brand of Riverbend Development specializing in self-storage investments in secondary and tertiary markets. It operates as an independent entity with over 1M sq ft of rentable space across Texas.
Scale indicators4 records
Recent moves4 records
Expansion highlights4 records
Riverbend Development Company competitors and assessment
Company assessmentBroad incumbents
- Public Storage: Largest publicly traded self-storage REIT in the U.S. Provides a direct competitive and valuation benchmark for Riverbend's My Garage Self Storage platform, especially regarding pricing power, scale economics, and exit-multiple comparables.
- Extra Space Storage: Public self-storage REIT with broad national footprint. Comparable as a competitive incumbent setting rental rates, acquisition cap rates, and operational benchmarks that shape My Garage's pricing and growth runway.
- JLL (Jones Lang LaSalle): Global commercial real estate services and investment firm. Comparable as a broad incumbent in capital markets, property management, and agency leasing that competes for the same investor, tenant, and talent pool as Riverbend.
- CubeSmart: Public self-storage REIT with third-party management platform. Comparable as both a direct competitor for tenants and acquisition targets, and a strategic acquirer of platforms like My Garage at scale.
- CBRE Group: World's largest commercial real estate services and investment firm. Comparable as a broad incumbent providing capital markets, property management, and brokerage services that shape the competitive context for Riverbend's investor base and tenant relationships.
- Lincoln Property Company: Large diversified U.S. real estate operator and developer with a strong Dallas/Texas office and multifamily presence. Comparable to Riverbend in Texas concentration, mixed-asset operations, and third-party property management capabilities.
Direct peers
- Jackson-Shaw: Texas-based commercial real estate developer and investor operating across office, retail, industrial, and hospitality. Highly comparable to Riverbend for its regional Texas focus, mixed-asset strategy, and value-add development approach.
- Stream Realty Partners: National commercial real estate services and investment firm with deep Texas roots across office, industrial, and retail. Comparable in Texas geographic focus, mixed-use property management, and investor capital deployment.
- Crow Holdings: Dallas-based, Texas-anchored commercial real estate investment and development firm with multifamily, industrial, office, and retail holdings. Comparable to Riverbend in geographic concentration, mixed-asset development, and LP-driven investment model.
Others
- McCarthy Building Companies: Large U.S. construction firm with Texas operations. Already a stated project partner on a Riverbend-led development; comparable as a key construction counterparty and as a proxy for the broader development-services ecosystem Riverbend draws on to execute its pipeline.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Riverbend Development Company social profiles
Digital presenceRiverbend Development Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Riverbend Development Company leadership team
Management profileNumber of profiles
Profiles2 records
Riverbend Development Company subsidiaries and ownership
Company hierarchySubsidiaries1 record
Riverbend Development Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Riverbend Development Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Riverbend Development Company
What does Riverbend Development Company do?
Riverbend Development Company acquires, develops, and manages commercial real estate assets across Texas, including Class A suburban corporate and flex office parks, retail centers ranging from traditional strips to modern walkable outdoor centers, and self-storage facilities operated through its wholly owned subsidiary My Garage Self Storage. The firm offers real estate investment opportunities to high-net-worth individuals, family offices, and REITs, while providing hands-on property management services to commercial tenants.
Is Riverbend Development Company a public or private company?
Riverbend Development Company is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Riverbend Development Company founded?
Riverbend Development Company was founded in -1. It employs 1 to 10 people.
Where is Riverbend Development Company based?
Riverbend Development Company is headquartered in El Paso, United States, in the North America region.
How does Riverbend Development Company make money?
Two revenue lines are on record. Commercial Real Estate Investment and Development is the primary driver. The others are property Management Services.
Who are Riverbend Development Company's main competitors?
Broad incumbents on record are Public Storage, Extra Space Storage, JLL (Jones Lang LaSalle), CubeSmart, CBRE Group and Lincoln Property Company. Direct peers are Jackson-Shaw, Stream Realty Partners and Crow Holdings. McCarthy Building Companies is listed as an others.
Does Riverbend Development Company have an API?
No public API is recorded for Riverbend Development Company.
What industry is Riverbend Development Company in?
Riverbend Development Company's product category is Commercial Real Estate Development. Its primary akta.pro industry code is BPAJAGAE, Mixed-Use Property Management, with a secondary code of BPAJAGAM, Self-Storage Property Management. Its NAICS code is 531120 and its SIC code is 6512.