Phase I ESA
Sierra Piedmont has completed thousands of Phase I Environmental Site Assessments (ESAs), which are assessments of properties ranging from raw timber land to developed structures, supported by historical data. Sierra follows the American Society for Testing and Materials (ASTM) standard, modified to meet the “All Appropriate Inquiry” criteria, unless a client has other specific needs. In many cases, we have assisted our clients in the preparation of their corporate-wide ESA form based on their unique facility conditions and corporate risk profile.
Another component of ESAs are Property Condition Assessments (PCAs). A lender often asks for a PCA to be completed during the purchase or refinance of commercial property. The purpose of a PCA is to evaluate and provide information regarding the primary systems of a structure that is being considered for purchase. Typically the roof, HVAC, plumbing and electrical systems are evaluated.
Timber Production Company Assessment
Innocent Landowner Defense
Phase II ESA
After Recognized Environmental Conditions (RECs) are identified, a Phase II ESA may be necessary to have a better understanding of potential contamination of the property. This type of study moves the project investigation from a visual, non-intrusive study to one including physical sample collection, laboratory analyses and evaluation with local, state and federal regulations.
After evaluating laboratory samples against local, state and federal requirements, there is one of three resulting outcomes:
- Samples exhibit no chemicals of concern
- Samples exhibit elevated concentrations of chemicals of concern but are below a reporting or action level
- The chemicals of concern are above a reporting or action level.
Regardless of the result generated, Sierra can collect, interpret and present you with the data in a clear and understandable way to ensure an informed decision is made.
Auto Service Center Arsenic Investigation
Dry Cleaner Subsurface Remediation
Property Acquisition Package
Sierra’s property packages are ideal for any REIT, land developer or F-1000 company with significant real estate holdings. Our packages bundle services to save you the time and cost of retaining many vendors. The package is ideal for conducting multiple transactions nationwide requiring rapid turn-around times.
Some options include:
ASTM Transaction Screen is an option better suited for transactions with very low environmental risk. This screening does not qualify for Innocent Landowner Defense. It is only acceptable in some cases by SBA lending guidelines.
Desk Survey Checklist is also better suited for transactions that have very low environmental risk. It does not qualify for Innocent Landowner Defense either. It is best for internal or closely held property transactions.