A Phase I ESA Identifies Potential Environmental Conditions That May Impact A Real Estate Property
Phase I Environmental Site Assessments (ESAs) are typically performed prior to the closing of real estate transactions. They identify existing or potential environmental conditions (i.e., hazardous chemicals or petroleum products) that may have contaminated the property.
Each Phase I ESA involves a review of records, a site inspection, and interviews with owners, occupants, neighbors and local government officials. Phoenix personnel have performed hundreds of Phase I ESAs on industrial, commercial, and residential properties undergoing transaction, financing, expansion or similar business circumstance.
Phoenix understands that each situation is unique. As such, we tailor our environmental assessments to meet the needs of each client. Our Phase I ESA reports follow the industry standard (ASTM E1527-13). Upon request, client-specific approaches that meet the particular guidelines of a lender or government agency may also be provided.
Buying real estate can carry significant environmental risks. Contact Phoenix Environmental to discuss your site before you buy, sell, build or demo.
Phoenix Environmental personnel also have significant experience evaluating Business Environmental Risks (BERs), such as:
Look at our Past Experience with Phase I ESA Projects.
See an example of our Phase I Environmental Site Assessment (ESA) report.