There are several factors that should be taken into consideration when evaluating recognized environmental conditions (RECs) during a Phase I Environmental Site Assessment (ESA). RECs are found on industrial and commercial properties for a variety of causes. This webinar will dive into what is evaluated to determine RECs, their potential [...]
A Phase I Environmental Site Assessment is the de facto Environmental Due Diligence standard (ASTM E1527-13) for most commercial property transactions in the United States. The Phase I is used to identify the presence or likely presence of Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) hazardous substances or petroleum [...]
August Mack was retained by a Michigan-based short line railroad company to perform Phase I Environmental Site Assessments (ESAs) for five different railyards within the state. The purpose of this effort was to review each site’s history and evaluate the current conditions of each property in order to determine if [...]
