Filed under Success Stories on Sunday, December 17, 2006 by Author: Onesky Staff.
Onesky Engineering, Inc. provided a comprehensive, custom-crafted solution for a portfolio of environmentally impaired sites in southern New Jersey.
An oil company needed an exit strategy for 33 sites, ranging from abandoned properties to thriving convenience stores that needed discreet clean-up. Onesky Engineering, Inc. inspected each site, completed a regulatory file review, conducted soil and groundwater investigations, and developed a closure approach for each site. We also developed detailed and technical cost proposals in order to arrive at an accurate cost and time-to-closure range to remediate the entire portfolio. Our strategy included scientific, engineering, legal, and financial tools tailored for each site, yet bundled to ensure economies of scale. Ultimately, we custom-crafted an $8 million risk transfer agreement, which provided our client with a comprehensive exit strategy for the affected portion of its real estate portfolio and environmental liabilities.Read more about this project
Learn more about real estate transaction services from Onesky Engineering, Inc.