As environmental issues have become increasingly public, it has become difficult for organizations to navigate the maze of environmental risks, liabilities and regulations associated with real estate transactions. Dickinson Wright helps our clients understand the environmental issues relating to proposed real estate transactions (sale, purchase, lease, financing), on-going property ownership and operation, and corporate transactions (mergers, acquisitions and divestitures).
Our experienced team assists clients with all environmental aspects of a transaction, including: negotiating contract terms and conditions, retaining consultants, reviewing reports, assessing risks and actively resolving environmental issues. Dickinson Wright attorneys have advised both private and public sector clients in thousands of real estate and corporate projects worldwide, ranging from multi-million dollar acquisitions, financings and divestitures to the sale or lease of small business properties.
Our philosophy is to assist in evaluating and quantifying environmental risks to help our clients make informed business decisions and to facilitate the resolution of environmental issues that might impede a transaction.
Some of the areas of expertise within the environmental transactions practice include:
- Providing education and advice to protect our clients from liability for past contamination and prior non-compliance with environmental laws and regulations or to transfer responsibility for such matters.
- Assisting in implementing post-closing due care and cleanup obligations.
- Advising clients on the unique issues related to proposed development and redevelopment of Brownfield sites, including: evaluating available tax credits, grants and other financial incentives; working with developers to obtain necessary environmentally-related approvals and assisting with tap-ins and connections to water and sewer supplies or permitting for private utility services.
- Helping clients reduce their impact on the environment through carbon footprint measurement; contracting for green design, green building, green leasing and LEED certified, Silver, Gold or Platinum projects and developing and implementing sustainability policies.