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Expropriation – Retail Plaza

Expropriation – Retail Plaza

We were retained to calculate business losses suffered by the owner of a retail plaza as a result of a partial taking of land and adjacent road widening work.

Our analysis included a review of historic revenue, lease rates and vacancy levels, as well as quantifying future losses based on below-market leases entered into as a result of negative impact of the ongoing construction work.

Our report was used to arrive at a settlement.

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