$2M Gained on Sale
Client: Industrial property owner; furniture manufacturer tenant
An industrial property owner sought to sell his facility but encountered a significant setback. A prospective buyer, upon learning of potential vapor intrusion concerns, offered $2M less than the asking price.
The tenant operated a furniture manufacturing business. VaporSafe™ deployed continuous monitoring for a single day, which revealed critical patterns: TCE concentrations were only elevated during working hours and only in areas where personnel were working — indicating an indoor source rather than subsurface contamination.
The investigation protected workers, many of whom were young women, from exposure risks. The findings resolved questions that several rounds of conventional assessment had failed to clarify, and the seller ultimately received an offer for the full asking price.
Continuous monitoring can quickly and accurately identify sources of elevated concentrations. For real-property transactions, time is critical — a few days of monitoring can help expedite the transaction.