Industrial Property Due Diligence
Farallon managed and conducted a Phase I ESA and a Phase II Subsurface Investigation at a Seattle property consisting of six industrial buildings and surrounding storage yard areas. Site businesses included a sheet metal fabricator, an aircraft fabricator, and a heavy equipment transmission repair facility.
Environmental conditions identified during the Phase I ESA included the unknown status of on-site USTs that had been used during historical operation of the property as a retail gasoline station and other industrial enterprises. Based on the Phase I ESA findings, Farallon conducted a Subsurface Investigation that identified petroleum hydrocarbons and metal impacts to soil and groundwater at the property.
We perform and manage Phase I ESAs and Phase II subsurface investigations for residential, commercial, agricultural, and industrial properties throughout the United States and Canada.
A defensible Phase I ESA is an indispensable element of thorough due diligence. Particularly in light of the All Appropriate Inquiries (AAI) Final Rule, knowing and fulfilling the criteria for protection from liability can avert...
We conduct thorough evaluations of subsurface conditions of every property to identify environmental liabilities, including potential contaminants from adjacent properties. We consistently demonstrate proficiency in assessing and...