Urban Fill: Navigating the transactional and redevelopment uncertainty of clean vs. contaminated fill
Source: http://xlgroup.com
As 2015 begins, the outlook for the commercial real estate industry looks strong with interest rates continuing to be favorable. The volume of real estate transactions is expected to continue where it left off in 2014. Property buyers, developers, and real estate managers will continue to compete for prized properties at highly valued urban locations. The presence of urban fill at many of these locations, will continue to make redevelopment of these sites more complex and challenging. Read this article from XL Group.