Omega Maximizes Corridor Value
TerraPact’s subsidiary, Omega Rail Management, Inc., is the leading provider of property management solutions to short line and regional railroads managing agreements across 30+ states and British Columbia. Since 1997, Omega Rail Management has partnered with independent railroads and railroad holding companies to maximize the value of their utility occupancy agreements and manage property-related liabilities.
Omega Rail Management custom designs a property management solution for each customer based on a deep understanding of its particular objectives, resources, and constraints. Through our partnership with Omega Rail Management, we are able to deliver superior results and provide corridor owners with greater financial and operational capacity to meet their core objectives.
100+ Years of Combined Experience
7,000+ Miles of Right of Way Corridor Management
15,000 Active Agreements Being Managed
$50+ Million Invested in Acquisition Funding
Extensive Operations and Expertise
Omega Rail Management’s broad service offering leverages over 20 years of corridor property management experience and leading technology platforms. We serve a diverse set of customers including independent Class I, Class II, and Class III railroads and railroad holding companies, as well as public sector and non-profit corridor owners. Our strong relationships across telecommunications, wireless, cable, advertising, power, water, and oil and gas sectors are critical to resolving undocumented encroachments and developing new lease opportunities.
Real Property Management
Reviewing Property-Related Documents | Permitting and Processing New Occupancies | Collecting Rents | Title Research | And More
Document Management | Contract Abstracts, Reporting, and Analysis | Permitting and Application Workflow | Mapping and Geospacial Analysis
Marketing & Development
Industrial Development | Marketing Assets | Developing New Uses of Real Estate | Bidding Out Assets to Operators