A corporation that owns a surplus property or properties is faced with some special problems. Problems such as carrying costs are obvious and recurring. Others such as opportunity costs, the potential liabilities associated with vacant buildings and the continuing negative impact to a corporate image in the community are less obvious but no less costly.

 

The optimum potential return from a land and/or a building asset is directly proportional to the income-producing capability of the structures on the land, or the new and different structures that could be put on the land.

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It is important to note that previous "comparable" property sales, the usual appraisals, or purchase offers from others, may have little or no relationship to the optimum potential return. The Use/Worth concept is the only meaningful indicator of actual value. 

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Global Integrated Assets team will analyze what's there today and make the connection between the community, the buildings, the equipment and labor to design a plant closing solution that optimizes the return to you and to all of the stakeholders in the quickest amount of time. Do not leave money on the table and the positive PR of closing up gracefully!

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