What You Need to Know About the New ASTM E1527-21 Standard for Phase I Environmental Site Assessments
Are you buying or selling property and worried about environmental risks? Then you need to know about the ASTM E1527-21 Standard. This Standard is a critical component of the Phase I Environmental Site Assessment (ESA) process. It helps identify potential environmental risks on properties, whether they’re commercial, industrial, or residential. It’s essential for property owners, […]
Benefits of Bioremediation for Cleanup Sites
Sometimes it can be challenging to look at the world and face the facts; there are thousands of contaminated sites everywhere you look. This makes environmental cleanup an almost impossible task. With waste disposal, illegal dumping, natural disasters, and other activities causing land contamination, it’s more important than ever to use a cost-effective, eco-friendly cleanup […]
What is a Phase 1 Environmental Site Assessment?
If you are considering purchasing or redeveloping property, you may be surprised to discover that you might need a Phase 1 Environmental Site Assessment, also referred to as a Phase 1 ESA. These assessments can help determine any issues with your property that could lead to liability problems for you, the owner, or your lender. […]
Phase I & II ESA Walkthrough – Industrial Property
In our society, almost every property is liable to environmental risk. Without careful inspection from environmental professionals, many unseen problems can go undetected. A Phase I Environmental Site Assessment helps determine if a property may have been contaminated by current or previous activity. Phase I ESAs help protect the purchaser of the property and limit […]
Phase I & II ESA Walkthrough – Commercial Property
What Is A Phase I / Why Do I Need One? Whether it is your first commercial property or your fourth, you may have heard the term Phase I Environmental Site Assessment being thrown around. A Phase I Environmental Site Assessment helps determine if a property may have been contaminated by current or previous activity. […]
Why You Should Avoid a Cheap Phase 1 Environmental Site Assessment
You need a Phase 1 Environmental Site Assessment – it can be a bit of an overwhelming undertaking. The biggest concern our clients have in the beginning is cost. Typically, Phase 1 ESA’s come as a surprise, therefore many sellers haven’t budgeted for it. As a result, many opt for the “cheaper option” – going […]
Phase 1 Environmental Site Assessment Costs
If you’re purchasing or refinancing a commercial property, you may have been told that a Phase I ESA is required. Well, what is it, and more importantly, how much will it cost? What is a Phase I ESA? A Phase I ESA is an assessment that requires a professional to come in and take a […]
Phase 1 ESA vs Phase 2 ESA – In Layman’s Terms
As environmental concerns grown, it is becoming more and more common that a commercial real estate transaction will require either a Phase 1 or 2 Environmental Site Assessment. You may be wondering what the differences are between Phase 1 and Phase 2 ESA, and you may have already found that the information around the subject […]
How Much Does a Phase 2 ESA Cost?
If you’ve been required to complete a Phase 2 Environmental Site Assessment (ESA), the first looming question you likely have is, “How much does a Phase 2 ESA cost?” Phase 2 ESAs can cost anywhere from $4,000 to $25,000 – and that doesn’t include the costs to make the property compliant following the results of […]
What is a Phase 2 Environmental Site Assessment?
Our clients usually come to us with little information about Phase 2 Environmental Site Assessments. The typical scenario is that they’ve been required to complete one, but usually don’t know what it is, how much it will cost, and where to start. We’re here to change that by making it easy for anyone to understand, […]