See More Green: Helping the Earth (and Your Wallet) Grow

Going green, the environment-friendly trend, is permeating every aspect of life, including real estate. Renewable energy sources that do not contribute to pollution, also known as green energy, have become increasingly popular. Mona Wachtel, managing director at GMAC Real Estate IPG, has been fielding more questions concerning fuel alternatives during her speaking engagements lately. “During this energy crisis,” she says, “people are more interested in alternatives to petroleum or at least a synergy between the two.” Wachtel was recently invited to speak at the Atlantic Region Energy Expo on site selection for gas stations and convenience stores.
She began her work by locating land for gas stations, convenience stores, food eateries, travel plazas, and plants, which has taught her the wide spectrum of requirements for the food and energy markets. Finding such locations has helped her gain experience in all sorts of urban redevelopment. Wachtel adds, “Brownfield and port properties are viable alternatives, especially in New Jersey and New York, which is offering great incentives in urban redevelopment.”
She not only works with plants and warehouses, but has had success in finding space for restaurants and eateries. “I manage the whole gamut for food storage, distribution and restaurant space as a special-use broker working with food, energy, and industrial firms in and around New York City,” says Wachtel.
Because of Wachtel’s stellar reputation, biodiesel firms are seeking Wachtel for her assistance. “Biodiesel plants require several components, such as truck and rail access, liquid bulk terminal, and proximity to a waterfront,” lists Wachtel. Though finding a space with these prerequisites can be difficult, Wachtel offers a creative solution. “It is not necessary to alter land,” she says. “Breweries can be converted into plants, too.”
The expert real estate professionals of GMAC Real Estate International Properties Group offer Premier Service®, providing one-stop shopping for real estate, mortgage, title, insurance, relocation and other services to commercial and residential clients. We are also recognized for excellence in combining state-of-the-art technology coupled with a personal touch for all projects, great and small. GMAC Real Estate International Properties Group offers assistance in buying and selling property, and representing office and retail tenants in leasing.
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Source: GMAC Real Estate IPG on pressbot.net | Date: 11.06.2007 - 19:23 | 1643 times read