Brownfield redeployment has become viable over the past 30 years as federal and state legislation paved the way for communities, companies and individuals to effectively sell their nonproductive assets to entrepreneurs, developers and sophisticated end users with the ability to restore and reposition property into productive use. Superfund statutes were created in the early 1980s, Empowerment Zones and Enterprise Communities were introduced in the early 1990s, Brownfield Reform Legislation was passed in the mid-1990s, and the Small Business Relief and Brownfield’s Revitalization Act occurred in early 2000. All of this contributed to the promotion of environmental cleanup and the redeployment of previously non-productive real estate.
Today, marketing and successful repositioning of brownfield sites requires a unique combination of environmental understanding and the ability to communicate such with perspective buyers as well as the ability to exploit opportunities in a limited market. It is important to be knowledgeable about environmental issues and informed on the impact relating to reuse and visionary in creating alternative uses. Vast market knowledge, marketing techniques and access to a network of sophisticated end users, developers, and capital resources is also critical to understanding the disposition of brownfield property.
Mohr Partners has a marketing and transaction team dedicated to the repositioning of brownfield property. We have a proven record of redeploying sites in major metropolitan and small rural communities throughout North America. We recognize that redeploying brownfield property can be a lengthy process and is paramount to a successful campaign.
Services specific to the redeployment of brownfield assets include the following:
- Strategic consulting with client
- Property inspections
- Highest and best-use analysis and valuation
- Interfacing with city, county and state agencies
- Local and regional demographic assessment
- Understanding environmental history
- Financial analysis
- Marketing material preparation
Our success is built upon our dedicated teams of experts meeting the objectives of our clients, unencumbered by geographic boundaries and compensation-driven incentives. Our teams are experienced and have a proven track record of divesting idle and brownfield properties. We have Managing Partners positioned throughout the United States and a Dallas-based team of dedicated, salaried research professionals that are available to assist you. We have capital sources with a track record of repositioning property through flexible, creative financing products and an established network of developers, investors, end users and civil engineers at your disposal. Our teams and partners are knowledgeable of and have access to environmental insurance and incentive-based products that often facilitates the transfer of property.
We have our own in-house research department that will assist in national economic development, site selection and incentive outreach, and an in-house project management team that can oversee any demolition project. We also partner with surplus equipment dealers, respected demolition contractors, and environmental relationship firms that are capable of acquiring and repositioning environmentally-impaired properties, assuming all risk from property owners and buyers.
For more information on how Mohr Partners can assist your firm, please contact us at email@example.com.