There has been a lot of focus lately on how to manage environmental liabilities if a dry cleaner wants to sell their property. Clearly, it’s important to strategically manage these issues to maximize the value of the transaction. I have also heard, however, of several dry cleaners talking about leasing their building instead of selling […]
It’s time for an update on PFAS. In the January 2020 edition of the Cleaner & Launderer, I discussed an emerging contaminant group called fluorosurfactants, otherwise known as perflouoroalkyl substances or PFAS, in the article subtitled “PFAS is New Bad Guy in Town.” As a refresher, PFAS are a wide group of engineered chemicals originally […]
We are getting a lot of requests these days for Phase I and Phase II Environmental Site Assessments (ESAs), which is an indicator of an increase in the number of property transactions taking place. There seems to be a lot of property activity in the drycleaning industry right now, or there is about to be. […]
