Caltha LLP Project Summary
Project: Phase 1 ESA For Property Portfolio
Client: Prospective Buyer
Location(s): Wisconsin, Minnesota
Overview: Caltha LLP conducted a Phase 1 Environmental Site Assessment for three properties located across Minnesota and Wisconsin. This included one site adjacent to a groundwater contamination site which had on-going remediation.
The focus of the environmental assessment was to determine if the on-going contamination site cleanup represented Recognized Environmental Conditions and potentially impact the future use of the property. Contaminants from the adjoining property had been shown to have migrated onto the property.
The Phase 1 environmental also included a Tier I Vapor Encroachment Screening Assessment conducted in accordance with ASTM Standard E2600-10. The screening assessment determined which, if any, could be a potential soil vapor encroachment risk for the property being assessed.
Click here for more information on Caltha’s Environmental Assessment Services for commercial and industrial property transfer.