Asset Repositioning

Creating Value. Minimizing Risks. Providing Certainty and Predictability.

Dynamic shifts in the marketplace present opportunities to reimagine underutilized assets within our communities—creating great places, value, and positive impacts. Asset repositioning is a sustainable approach that positively addresses economic, environmental, and social equity issues by reimagining the built environment.

Graphic depicting underutilized assets such as shuttered hospitals, brick and mortar retail,  decommissioned energy plants, institutional campus space, and closed military bases within a circle and investments that create value, leading to new market uses in another circle including mixed-use districts, last mile delivery stations, warehouses, last-mile distribution facilities, healthcare centers and municipal facilities.

Asset Repositioning At-A-Glance

VHB partners with our clients to unlock development potential. Our knowledge of the development process and entitlement strategy enables us to bring certainty and predictability to the redevelopment process. From conceptual design and due diligence to the first day of construction, we know what it takes to meet critical timelines and opening day schedules. 

Asset repositioning requires a deep understanding of land use, environmental frameworks, transportation networks, and the complex regulatory environment to minimize the risks associated with transactions. VHB’s integrated services team studies a site from all angles and conducts the due diligence necessary to maximize the value of the real estate asset and position a site for redevelopment. We help owners assess asset conditions and determine the additional development yield, reducing the risk for potential purchasers and the time to close.

Integrated Development Services

VHB’s market-connected thought leaders partner with owners, investors, brokers, attorneys, economic development agencies, institutions, energy companies, and transportation agencies, as well as agencies having jurisdiction to reposition sites and realize value. We use state-of the-art technology to gather and analyze data to inform decision making and solutions. We offer comprehensive services that support speed-to-market, including:

  • Master Development Planning and Site/Civil Engineering

  • Development Process, Programming, Zoning, and Entitlement Services

  • Transaction Level Due Diligence

  • Environmental Site Assessments (Phase I and II) and Remediation

  • Traffic Impact and Parking Capacity Analysis

  • Survey & Mapping

  • Site Yield Analysis

  • Natural Resource Assessment and Environmental Permitting

  • Green Innovative Stormwater Design and Engineering

  • Low Impact Development

  • Permitting: Local, State, and Federal

Steve Thomas

Steve Thomas

Real Estate Market Leader

Rob Smedberg smiling, wearing a navy blazer.

Rob Smedberg, PE

Institutions Market Leader