Industrial properties are often located in specific sites because of the needs of that particular operation. These needs may include access to materials, availability of industry-specific services, access for trucks or other large vehicles, access to rail lines, and compliance with local state and federal laws related to the particular industry. It may be difficult or impossible for the particular operation affected by eminent domain to simply pick up and relocate. The project builder using eminent domain to take your industrial property often fails to take these requirements into account and therefore undervalues the damage they are doing to the remaining property.
Whether your industry is a warehouse, distribution center, manufacturing facility, data center, research and development facility, business park, or other industrial use, it is important to carefully analyze the impact the project will have on future operations and the value of the property.
Give us a call to talk about the project impacting your industrial property and how we can help make sure you receive full compensation.