Due Diligence

Environmental due diligence is an essential process with any major commercial real estate transaction, including the sale, purchase, lease or refinancing of a property or industrial or oil and gas acquisition. ESE Partners will utilize industry standards and environmental expertise to identify potential environmental liabilities within a property, such as soil and groundwater contamination. Many lending institutions require some form of environmental due diligence be performed prior to financing. Various levels of due diligence can be performed, the most common being a Phase I and II Environmental Site Assessment. Others include Transaction Screens, Record Search Risk Assessments (RSRAs), and desktop reviews.

Phase I
Site Assessments (ESAs)

ESE provides lender approved ASTM-E1527-21 and similar Phase I Environmental Site Assessments and related transaction screens which are often required when a property is externally financed. The purpose of a Phase I ESA is to identify Recognized Environmental Conditions (RECs) associated with a parcel of commercial real estate with respect to the range of contamination within the scope of CERCLA and petroleum products.

Phase II
Environmental Site
Assessment (ESAs)

A Phase II Environmental Site Assessment is often warranted when a Phase I ESA identifies a Recognized Environmental Condition, requiring further investigation. The purpose of a Phase II ESA is to confirm or deny the presence of chemicals of concern in the environment. The Phase II ESA involves the sampling and laboratory analysis of multiple medias, often including soil, soil gas, and groundwater. The analytical testing results are compared to regulatory limits and criteria established by the applicable government agency. Further remedial action may be warranted based on the results of the Phase II ESA.

Property Condition

Costs for replacement or repair of major systems, components or equipment at a property can blindside buyers. ESE provides Property Condition Assessments (PCAs) on a variety of commercial structures to educate a buyer or lender with valuable insight regarding costs to remedy physical deficiencies. PCAs are conducted in accordance with the ASTM E 2018-15 guidance document and are often conducted concurrently with a Phase I ESA.

Additional Due Diligence Services

  • Transaction Screens
  • Record Search Risk Assessments (RSRAs)
  • Desktop Reviews
  • Pre-Acquisition Assessments
  • Oil & Gas Pre-Drill Assessments
  • Wetlands and Waters of the US
  • Asbestos Containing Material (ACM) Surveys
  • Lead & Lead-Based Paint Consulting Services
  • Indoor Air Quality Services
  • Aerial Drone Services

Texas Firm with a
National Reach.

Discover featured projects from across ESE Partners’ disciplines: Due Diligence, Building Sciences, Remediation, Compliance, and Natural & Cultural Resources.