Globalcontractor's Blog

Industrial Property Development

When its too good to be true, It ain’t True! Eric J. Spirtas

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As I entered the enormous industrial facility site, I knew that the prospect of a good deal was slim to none.  The plant was hidden, the buildings looked skinny and the ground at the base of the structures seamed cluttered with apparent environmental impediments to easy, efficient demolition money making demolition.

What to do… even if there is a prospect of a deal, I know the owner is going to be hard pressed to “give away” the dollars that we see as necessary to do the job. 

“What?  You want to pay me how much and you also want me to do the environmental,”
I imagine
the owner will say?!?!?

I had to have the courage to walk on the site, walk through the buildings and make an estimate.  I had to have the confidence to share what I really find!

It didn’t take long to assess the facts:

  1. There are some significant environmental factors and I will not accept anything but full and proper handling of those conditions.
  2. There is not as much steel as expected.
  3. The buildings are not as large as was explained.
  4. There is quite a bit of trash and debris that will cost someone, something to deal with.
  5. This is a LOUSY neighborhood… Did I say Lousy?… I mean Lousy!
  6. Once I figured out; the size, ton-age, hindrance from environmental, and ultimate dollars

It was easy to see that this is a “Walk Away”!

There is so much opportunity, variable projects, abundance of property / asset for sale and the need for expert buyers, consulting, scrap sales, property brokers.  That is what we do!

Let me know if you have a former industrial plant, resulting property and even environmental conditions that trouble you.  We will buy your problem from you.

Contact: EJ Spirtas Group, LLC and more specifically the specialty branch AMAX to tend to your property & asset troubles! 

Eric J. Spirtas
EJ Spirtas Group, LLC
Demolition Expert
Author of “Don’t Wreck the Empire”
ericspirtas@ejspirtasgroup.com
www.ejspirtasgroup.com
314.780.3742

Contact EJ Spirtas today to price your demolition, scrap your steel, sell your non-ferrous, assist you with dormant or excess equipment, we will even buy your dormant land.
We simply raise the bar and raise your revenue!
EJ Spirtas Group… Your Global Answer!

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