Property Acquisition and Redevelopment

Meeting Property Transfer and Redevelopment Objectives

WESTON has facilitated the sale and redevelopment of a range of properties by providing thorough site characterization and by developing remedial action plans based on the proposed land use. WESTON has provided technical expertise to both property sellers and buyers.

WESTON offers a broad range of property redevelopment services. Through our Real Estate Solutions program, WESTON participates as an equity investor or equity contractor in environmental risk transfer, remediation, and redevelopment of property, and to invest sweat equity and/or cash in the project. We evaluate the redevelopment potential of a property and explore potential partnerships with developers and end-users. Our goal is to align our interests with those of our clients, and to provide a market-based exit strategy for a contaminated property, through a variety of remediation and disposition options.

Benefits to our Clients

The Redevelopment Program benefits for our clients include:

• Quantified Brownfield liabilities.

• Revenue generated and/or tax relief from non-performing assets.

• Reduced O&M costs.

• Removal of Brownfield liabilities from corporate ledger.

• Reduced future environmental liability and risk through contractual indemnification supported by insurance products.

Click here for Real Estate Solutions conferences attended by WESTON