The owner had a problem. A residential property he had for sale received an offer. The only problem was the presence of a heating oil tank in the back yard. The prospective buyer wanted the tank removed and his loan underwriter required a “clean closure” to underwrite the loan. Shield removed the tank and confirmed the seller’s worst fear – a release. With the buyer in limbo and the real estate due diligence timeline running out, Shield worked expeditiously with the state regulatory agency, contractors, buyer, seller and the buyer’s loan underwriter to achieve closure for the site in time to salvage the sale.
To meet a tight regulatory deadlines and keep redevelopment on track, Shield developed a compreshenive investigative scope for a former manufacturing site in western North Carolina. Our investigation included a comprehensive investigation of soil and groundwater and included one of the first subsurface vapor intrusion investigations for Brownfield redevelopment in the state.
Shield worked closely with the municipal owner and state regulatory personnel to complete the scope, including a comprehensive written report in less than six weeks.
