Industrial & Manufacturing cleanup site — Restorical Research
Streimer Sheet Metal Works Inc
Multnomah County
Restorical Research
Preliminary Site-Specific Analysis

This property has a documented history as an industrial and manufacturing facility going back to 1960. Historical insurance policies issued during operations at this property and through 1986 could help fund the ongoing and future cleanup under Oregon DEQ oversight.

This industrial property in Multnomah County has hosted commercial and manufacturing operations since at least 1960, including an asbestos factory, dry-cleaning facilities, auto repair shops, and heating oil underground storage tanks — with broader commercial use on the parcel dating to the late 1800s. Soil gas sampling has confirmed tetrachloroethylene (PCE), trichloroethylene (TCE), benzene, and 1,3-butadiene at concentrations exceeding Oregon DEQ risk-based concentrations, with groundwater and indoor air also confirmed as impacted media. Oregon DEQ has an active Prospective Purchaser Agreement and Consent Order in place for the site, with the PPA completing its public comment period in December 2025, and the prospective purchaser intends to remediate the property for redevelopment. That history could support an insurance coverage claim against the carriers who issued policies more than 40 years ago — coverage that could help fund the cleanup ahead.

Former Use
Former Industrial & Manufacturing
LocationMultnomah County
Historical UseIndustrial & Manufacturing
Est. Operating Since1960
Project StatusAssigned
Contamination & Investigation
Site Assessment Summary
ContaminantsTetrachloroethylene (PCE), trichloroethylene (TCE), benzene, and 1,3-butadiene in soil gas; groundwater and indoor air also impacted
Regulatory ProgramOregon DEQ — Cleanup Program / VCP
DEQ ECSI #6773

Why Historical Insurance Policies May Be Accessible

Pre-1986 Commercial General Liability (CGL) policies were occurrence-based and did not contain an effective pollution exclusion in Oregon — and those policies may provide coverage that remains enforceable today. If contamination occurred while those policies were active, those historical insurance carriers may still have a legal obligation to fund the cleanup costs, even if the business closed or the property changed hands.

The contamination at this property — chlorinated solvents from dry-cleaning operations, petroleum from underground storage tanks, and asbestos from former manufacturing — traces to commercial and industrial activities that operated on this parcel since at least 1960, decades before 1986. The investigation, remediation, and long-term monitoring work ahead — now formalized under a DEQ Prospective Purchaser Agreement and Consent Order — represents substantial future costs that those historical pre-1986 carriers may be obligated to fund going forward.

Restorical's role is to locate viable historical policies, determine whether a successful coverage claim is possible, and assist our clients and their legal counsel to obtain insurance coverage. Restorical then manages the claim, including accounting, to ensure the cleanup is funded in a timely manner.

What We Look For

  • Historical insurance policies (pre-1986)
  • Policy numbers, carrier names, and coverage periods
  • Connection between contamination timing and policy period
  • Evidence linking cleanup obligation to insured activity

What We Deliver

  • Historical Coverage Chart
  • Trigger Analysis & Property/Policy Nexus
  • Coverage strategy with recommendations
  • Insurance funding for your remediation
  • Claims Management

The Restorical Proven Process

Task 1 — Research and Analysis
Restorical searches for viable historical insurance policies, researches the site history, analyzes the contamination impacts, and underwrites potential coverage — including a proprietary trigger analysis. At the end of Task 1, we provide a clear yes or no on whether viable insurance coverage exists to fund the cleanup, along with a strategy and recommendation specific to your situation, even if you are not the policyholder.
Task 2 — Coverage and Funding
When Task 1 confirms viable coverage, Restorical works with your legal counsel to tender the claim, negotiate and secure insurance coverage. Restorical will manage the ongoing claim process, including accounting to ensure the insurance companies are funding your remediation in a timely manner.

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This analysis is preliminary and based on publicly available records. Restorical Research is not a law firm and does not provide legal advice.