CLIENT:

Institutional investor – port related investment highest and best use
and strategy

LOCATION:

USA

CHALLENGE:

Institutional investor acquires one of the largest waterfront industrial sites in the developed world at auction; while seeking a ‘highest and best use’ analysis, from a ports, logistics and maritime standpoint, is confronted with the real possibility of an eminent domain action by the municipality.

SOLUTION:

Conduct a comprehensive assessment of the site from a maritime and logistics standpoint; identify potential land uses, values and target users; in conjunction with legal counsel, assess business ramifications of potential eminent domain action; conduct a cost-benefit-risk analysis for defending against a ‘quick take’ action and developing the site or engaging in a friendly ‘quick take’ action with the municipality.

THE NET RESULTS:

The investors were given the necessary analyses and advice with which to decide to sell the site for substantial gains with a short term holding period and have the necessary information with which to more effectively negotiate a sales price.