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Industrial Portfolio for Sale Has Caveat: Potential Environmental Issues

Battery Maker Exide Technologies Is Selling 22 Properties as Part of Bankruptcy Reorganization
A 200,000-square-foot facility in Vernon, California, sits on 16 acres near downtown Los Angeles and is in the midst of remediation. (Hilco Real Estate)
A 200,000-square-foot facility in Vernon, California, sits on 16 acres near downtown Los Angeles and is in the midst of remediation. (Hilco Real Estate)
By Jennifer Waters
CoStar News
July 15, 2020 | 12:37 AM

At a time when the industrial sector is booming, Hilco Real Estate is marketing a large portfolio of mostly prime properties as part of Exide Technologies’ Chapter 11 bankruptcy reorganization. But there's a potential catch.

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