Environmental/Hazardous Materials

Submitted by SC-admin on September 30, 2013

Today most commercial real estate leases contain provisions for environmental protection and maintenance of the prpoerty. The tenant is usually indemnified for prior acts before thier occupancy.  The main concern is if the tenant brings in hazardous materials without permission from the Landlord, and it damages the industrial or commercial real estate property. This is a complicated matter due to very expensive clean up costs and who actually damaged the rental property.

"Lee Segal was employed to assist our company in the acquisition of two industrial manufacturing facilities in Mexico.  I worked with him closely for several months, and I came to depend heavily on Lee for his technical knowledge and business acumen in commercial real estate.  He is absolutely my first choice as a consultant when I am faced with similar acquisitions.  In addition, he is the first person I recommend to colleagues and clients.Lee‘s capability and professionalism in commercial real estate matters make him the best addition anyone can have as a lead member of a critical team."
Sheldon Campbell, Corporate Facilities Manager, Compass Plastics Technology/AB Plastics; General Manager, Quality Laminates de Mexico, S.A. de C.V.