Environmental Site Assessment   Leave a comment

Environmental Site Assessments (ESA) Phase I, II and III ESA for Real Estate & Business Transactions, Subsurface Investigations, Remediation

Environmental Site Assessments are performed prior to property transfer or the closing of industrial and commercial real-estate transactions to determine if recognized environmental conditions exist on a subject property.

Phase I Environmental Site Assessments (ESA)
A Phase I Environmental Site Assessment (ESA) is the gold standard for evaluating the environmental liability associated with a real estate asset.  A Phase I ESA is used to identify actual and potential environmental concerns and contamination at a Site which may impact the property value or affect claim to an “innocent land owner” exemption following acquisition. AEASinc performs ESAs in accordance with the most recent American Society for Testing and Materials (ASTM) Standard E 1527-05, Standard Practice for Environmental Site Assessment.

Financial institutions frequently require that a Phase I ESA be conducted to accomplish this task. This assessment will provide you with information to assist in making an informed business decision. Overlooking this concern can cost you substantial future environmental expenditures, even if you did not create or contribute to the contamination.

A Phase II ESA normally entails collecting representative samples of surface stains

The Phase II ESA will evaluate the environmental impact and assess the nature and extent of the concern.

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