Phase I & II Environmental Site Assessment Services
PPM offers a broad range of Phase I environmental assessment types and due diligence consulting services related to property transactions. These services range from Phase I Environmental Site Assessments (ESA) to full risk mitigation and corrective action on mergers and acquisitions. We offer our services to financial lending institutions, insurance companies, Real Estate Investment Trusts (REITs), investment companies as well as individual purchasers or sellers of industrial, commercial or residential property.
PPM personnel have collectively conducted thousands of Phase I ESAs in accordance with the ASTM “Standard Practices for Environmental Site Assessments” to help them identify if recognized environmental conditions are present.
PPM’s Approach to Environmental Site Assessments
When recognized environmental conditions are identified, PPM provides expert Phase II ESA services to determine if soil, groundwater, inside air quality, or structures are impacted in accordance with ASTM and Environmental Protection Agency standards. We can help you avoid an environmental liens whether you have commercial or industrial property.
We design targeted work scopes to determine if adverse environmental conditions subject property to risks by sampling an analysis of all potentially impacted media and comparing the findings to state and federal action levels. This includes Phase I environmental concerns (and Phase II when necessary) stemming from the runoff of adjoining properties. Remember, surrounding properties can sometimes create environmental liabilities for you. It may also harm your property value.
PPM compiles and presents findings in a clear and concise manner, allowing our clients to more easily make informed decisions regarding options and effective mitigation strategies. Our environmental site assessment reports from leading environmental professionals will determine risks that might subject property to health risks. We can also help identify environmental risks left by past property owners. Remember, due diligence is your responsibility, but our reports make it easy.
Phase I and II Environmental Site Assessment Services
If Phase I ESA findings warrant further assessment, PPM conducts Phase II ESAs in accordance with ASTM E1903-19 “Standard Practice For Environmental Site Assessments: Phase II Environmental Site Assessment Process”; state-specific environmental assessments, or federal assessments required under brownfield grant programs.
For properties where chlorinated solvents and other compounds may pose a vapor encroachment or intrusion concern, PPM has staff experienced in conducting a Tier 1 vapor encroachment screening (VES) in accordance with the ASTM E2600-15 “Standard Guide for Vapor Encroachment Screening on Property Involved in Real Estate Transactions.”
Phase I & II ESA services include: