Environmental Data Resources Inc., a provider of environmentalrisk information based in Milford, CT, queried the more than 200environmental consultants, environmental attorneys and bankers thatattended the conference. Executives from such firms as BritishPetroleum, Shell Lubricants, Marsh, Abbott Laboratories andHoneywell were present.
Jon Walker, managing director of corporate, legal and governmentservices for EDR, tells GlobeSt.com the prevailing sentiment of thesurvey and its anecdotal feedback is that not only has work onbrownfields increased over the past year, but it is a trend thatrespondents believe will continue to grow. A major driver, surveyparticipants said, is the growing realization of the financialincentives these redevelopments offer.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
