On a sixty-acre site in the United States, a surplus one million square-foot facility with a 90-year industrial history and a unknown, but assumed contaminated, environmental profile was an major cash drain.
Managed an extensive environmental testing protocol resulting in the regulatory closure for 25 year old, decomissioned underground storage tanks and a thoroughly documented environmental profile.
The property, vacant since 2007, was acquired in 2009, sold in 2011 and is now under re-development.
On six acres in a small town in Canada, a major manufacturer sought to dispose of a surplus 242,000 square foot property that had open and contentious regulatory issues.
All regulatory issues were resolved, based in part, on a comprehensive risk assessment; enviornmental insurance enabled redevelopment.
The property is being redeveloped in a public-private partnership.