Phase I Environmental Site Assessment

Our Phase I Environmental Site Assessments (ESAs) are conducted in accordance with ASTM standards to evaluate the environmental condition of a property. This process includes a thorough review of historical records, site inspections, and interviews to identify potential or existing environmental liabilities. Whether you’re buying, selling, or refinancing a property, a Phase I ESA is a critical first step in protecting your investment and ensuring compliance with environmental regulations.

Request Quote

Why is important?

At moment of buying a commercial property, many banks require the completion of a Phase I ESA before approving a loan. Government agency lenders (SBA, HUD, Fannie Mae, and Freddie Mac) will typically require a Phase I ESA or some form of due diligence. Seasoned investors also typically order Phase I ESAs for a full disclosure of potential environmental issues that may impact cash flow, property value, and purchase negotiations.

Site Visit

A site visit is conducted to make a visual inspection of the property as well as surrounding properties. The site visit includes an assessment of hazardous substance and petroleum product use, storage, and waste generation. Additionally, conditions and features of potential environmental concern are identified.

Learn More

Historical Research

To evaluate historical changes or developments made to the property over the years, environmental professionals will examine historical aerial photographs as well as street directories, fire insurance maps, topographical maps, building permits, planning records, and any other relevant historical sources to identify the potential for a Recognized Environmental Condition.

Learn More

Geology and Hydrology Research

The soil type, geological setting, and groundwater flow direction/depth are examined in the larger context of potential on and off-site environmental conditions.

Learn More

Experience across all Assets Types

Our experience extends to all asset types; this allows us to provide consistent and competent services for diversified portfolios.

Multifamily

has assessed thousands of multifamily properties including single family rental, student housing, senior living assets. This includes garden style, mixed use, and mid- and high-rise multifamily buildings.

Industrial

Our experience spans over 50 million SF of industrial and warehouse space including mega distribution facilities, data centers, cold storage facilities, multi-story warehouses, shallow bay buildings, outdoor storage, trailer parking facilities, and master planned developments.

Office and Health Care

We have assessed and provided construction oversight for many of the office buildings that shape our nation’s skylines including high-rise towers, corporate campuses, life science and biomanufacturing facilities, medical office buildings, and hospitals.

Retail and Mixed Use

Our team has significant experience with mixed use and retail properties across the country including regional mall portfolios, anchored retail centers, mixed-use developments, and adaptive reuse projects.

Hotel

PR&A has assessed over 10,000 rooms across our hotel & hospitality portfolio. This includes coastal resorts, golf courses, business lodging, luxury towers, adaptive reuse projects, and historic buildings.

Historical Properties and Adaptive Reuse

We apply the appropriate disciplines necessary to bring buildings and systems back to optimum conditions. This applies to industrial facilities, office buildings, hospitals, college and university buildings, parking facilities, and a broad range of other facilities.

Community Centers, Schools, Museums, and Cultural Facilities

Facility or property condition assessments (PCAs) provide organizations with valuable insights into the state of their facilities and guide long-term capital planning. These assessments are particularly important when it comes to grant applications and capital planning initiatives.

You can rely on PR&A to execute at a high level for every transaction or development.

Request a Proposal