In keeping with the thesis of “intellectual capital,” Intelica leveraged financial expertise to negotiate high-value exchanges that made the deal possible within DSA’s budget and timeline. In addition, Intelica’s thorough approvals ensured the action to halt the project was ultimately unsuccessful and development continued as planned.
The successful brokerage of land and construction for a new Davidson Surface/Air headquarters is expected to help create 200 jobs. Davidson earned partial tax abatement from the City of Bridgeton for up to 15 years—100 percent for 10 years, and 50 percent for five. Additionally, Intelica assisted Davidson in securing a tax-preferred exchange, minimizing Davidson’s capital gains taxes.