North Carolina Eminent Domain Takings of Business Property are on the Rise
Despite the current bad economy nationally, North Carolina continues to grow, requiring more and more public projects. As a result, North Carolina condemnations and property acquisitions in lieu of condemnations continue to increase. This is also true for condemnations of business properties. If you own, manage or represent a business in North Carolina located on property that is being condemned by the NCDOT, the City of Charlotte, or some other municipality, public utility or other condemning authority, you should be very concerned about any partial takings of your commercial property.
Problems Unique to Commercial Property Eminent Domain Cases
Frequently, the government takes part of commercial properties for projects like widening roads, especially at intersections, or installing new water or sewer facilities. Commercial property takings have their own set of issues that can hurt your bottom line. So of those problems include
- Lost business profits
- Lost access and
- Lost parking spaces.
You may even be worried about having to close a store.
de Ondarza Simmons offers Solutions
We handle both business litigation and eminent domain cases in Raleigh and throughout North Carolina in State and Federal courts. So, we know that our business clients are always looking for solutions to problems that even a small, partial eminent domain taking can cause your business.
Exclusive Articles for Businesses facing Commercial Property Eminent Domain Takings
As a service to our existing and potential business clients only, we will be posting short articles here about some of those problems and the solutions that we have found. So, if you lease, own or manage commercial property, or if you are a commercial real estate broker or developer, or are a commercial real estate transaction attorney, you should sign up to make sure you get all of this critical information.
NOTE! This information will not be available to the general public. Instead, we are only offering it to our existing and potential business and eminent domain clients and their in-house or general counsel.
Eminent Domain Articles
Do you have a commercial property eminent domain matter now?
You need to talk to a business eminent domain attorney. We offer an initial one-hour conference for commercial property eminent domain matters. We will sit down with you at your office or ours, or if it is more convenient for you, we will set up a Skype or telephone conference call. We will review the project, the real property interests being acquired, and the effects on your business. Afterward, we will provide you with a written preliminary case analysis and a written estimate of the costs and fees for your case. To schedule your initial conference, you should click here.
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