As a property investor, determining the type of commercial/industrial building best suited for your business is already a challenging task. Various criteria must be taken into account while picking the property of your choice. The most important one is choosing a lot that fits your business needs the most as it is volatile to the […]

This blog assumes that the reader is aware of what a phase 1 site assessment is. If not, visit our website for more details. In summary, while purchasing any sort of property or land, environmental due diligence in the form of phase one environmental is usually required by the lender for mortgage approval. A purchaser […]

This blog assumes that the reader is aware of what a Phase I ESA is. If not, visit Phase I ESA on our website for more details. Most banks or lenders require a Phase I ESA before the buyer purchases any commercial or industrial properties. This helps them verify that there are no potential environmental […]

Phase 1 Environmental Site Assessment: It is comprised of a historical review, site reconnaissance, and interviews with relevant personnel before reporting. It is an evaluation of historical and current property use in order to find any potential contaminations that have or can occur. Phase 2 Environmental Site Assessment: If Phase I environmental assessment has a […]