Site Assessments &
Remediation Project Examples
Yale University
Acquisition of Bayer Pharmaceutical Campus
West Haven, CT
Client: Yale University
Description: Triton was
selected by Yale University (Yale) to perform a full range of
environmental due diligence tasks associated with this $100 million
plus acquisition. This 136 acre property was the site of Bayer's
Northeast Pharmaceutical research complex. The campus features
550,000 square feet of state of the art laboratory space, class A
office buildings, warehouses, its own power plant, and other
structures. The transaction represented Yale's largest land
expansion and will assist in its on-going goal to remain one of the
premier medical science institutions in the world.
Role: Through the due
diligence period, Triton performed numerous tasks to evaluate the
environmental conditions of the property. This included Phase I
Environmental Site Assessment level tasks, soil and groundwater
testing, indoor air quality analyses, lead and asbestos surveys, and a
wetland and solid waste management review. Triton prepared cost
projections for identified environmental liabilities, which were then
used by Yale in making its final decision to proceed with the
transaction. After this decision was made, Triton's team assisted
with the transition of regulatory permits from Bayer to Yale.
Triton is continuing to work with Yale to address environmental and
regulatory obligations as the new owner of this campus.
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