Cantera specializes in the acquisition, decommissioning, remediation and redevelopment of environmentally-impaired properties. We have also transacted many different types of distressed assets, including properties with known geotechnical, structural, asbestos and wetland issues.

Our team members have a unique blend of real estate and environmental experience – construction and development, environmental evaluation and remediation, insurance and legal. Since 1991, Cantera has acquired dozens of distressed assets including:

  • Bulk Petroleum and Oil Terminals
  • Steel Manufacturing & Processing Plants
  • Logistics Terminals & Truck Parking Facilities
  • Chemical Manufacturing Facilities
  • Scrap Metal Recycling Sites
  • Service Station Portfolios
  • Dry Cleaning Plants
  • Former Landfills

Cantera looks to acquire facilities “as-is” and assumes the properties’ environmental cleanup liabilities and future compliance responsibilities. Cantera’s financial strength, coupled with its experience and knowledge, can provide a final and permanent solution to owners.

Cantera is adept at developing unconventional solutions. Owners and listing agents of contaminated properties often find it difficult to create a comfort level with prospective purchasers that are not knowledgeable about environmental remedies and remediation. In certain transactions, Cantera offers robust levels of corporate indemnification and assumes all environmental liabilities in a transaction, and we are able to utilize a variety of tools:

  • Asset Purchase Agreements (APAs)
  • Corporate Indemnification
  • Environmental Liability Transfer
  • Financial and Insurance Programs
  • Sustainable Planning & Development
  • Transfer of Regulatory Closure Obligations