Sometimes, clients face specific environmental challenges from properties they own or are pursuing as an acquisition target. These environmental concerns can significantly impact a client’s business and a property’s value, if not properly addressed.
Although we are not environmental consultants or attorneys, we draw from years of experience working in conjunction with environmental subject matter experts to provide strategic business advice to our clients as they address environmental challenges related to a particular property. We have aided clients in past assignments involving land use challenges stemming from regulatory issues, future development concerns, lending challenges, litigation exposure, and political concerns.
The variety of potential contamination issues can be overwhelming. Examples of common environmental challenges our clients face include the following:
- Subsurface industrial solvents and gasoline
- Dry cleaner solvents
- Arsenic
- Asbestos