GreenWorks was hired by Jesel to consult and offer guidance on an industrial property transfer. In New Jersey, such a transfer triggers the Industrial Site Recovery Act, which is administered by the state’s Department of Environmental Protection. GreenWorks conducted extensive research and analysis of area groundwater flow and historical land use to help clear the way for a smooth deal and transfer of property.
Understanding how NJDEP works, who to talk to and what to ask for was critical in timely issuance of the No Further Action letter which paved the way for the multi-million property sale, a sale that hung in the balance and was nearly scuttled before GreenWorks was brought to the table.
Watch Dave Grob discuss what it was like to work with GreenWorks and how the solutions they provided helped Jesel close a multi-million dollar industrial real estate deal.