Perdomo Worldwide Commits to Environmental Stewardship with Coventry Industrial Property Acquisition
Coventry, RI — Perdomo Worldwide announces the acquisition of a historic paint and pulp manufacturing facility located in Coventry, Rhode Island. The property, originally built in 1849 and renovated in 1999, encompasses approximately 193,000 square feet and has a long-standing industrial heritage in the region.
Classified as a Chemical/Oil Refinery subtype property, the facility presents significant environmental challenges and hazards typical of its industrial history. Acquired as part of Perdomo Worldwide’s ongoing Risk Liability Transfer (RLT) strategy, the company is uniquely equipped to manage the complexities associated with the site’s cleanup and redevelopment.
“Our team’s environmental and remediation expertise enables us to confidently address the challenges posed by legacy industrial sites like this,” said a spokesperson for Perdomo Worldwide. “We’re committed to safely managing hazardous materials and environmental risks, while preparing the property for future redevelopment opportunities.”
Perdomo Worldwide specializes in transforming complex, high-liability properties by integrating comprehensive environmental management, demolition, and redevelopment services. This acquisition reinforces the company’s dedication to responsibly repositioning distressed industrial assets, fostering economic revitalization and sustainable reuse.
Future plans for the Coventry facility are currently under evaluation. Perdomo Worldwide looks forward to working closely with local stakeholders to unlock the site’s potential while ensuring environmental safety and regulatory compliance.
About Perdomo Worldwide
Perdomo Worldwide is a global leader in industrial redevelopment, risk liability transfer, and environmental remediation. The company excels at acquiring challenging industrial properties and delivering end-to-end solutions for cleanup, redevelopment, and sustainable growth.
Learn more at www.perdomoworldwide.com.