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Updated over 5 years ago on . Most recent reply

User Stats

19
Posts
5
Votes
Joel Evers
  • Investor
  • Chicago
5
Votes |
19
Posts

Trucking Terminal Deal

Joel Evers
  • Investor
  • Chicago
Posted

Looking for insights on evaluating this asset.   Outside of understanding the revenue generated per sq/ft and the current lease agreements and terms, is there anything the BP fam would suggest? 


Most Popular Reply

User Stats

155
Posts
58
Votes
Lawrence P. Schnapf
  • New York, NY
58
Votes |
155
Posts
Lawrence P. Schnapf
  • New York, NY
Replied

with on-site fueling, you should do environmental due diligence to determine if the tanks are in compliance with current requirements, if there is history of leaks and who will be responsible for complying with financial assurance requirements...among other issues

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