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Multi-Tenant Structure in Sacramento Deals with Mold & Asbestos


WEBWIRE

LA Testing offers mold, asbestos and other indoor air quality (IAQ) testing services to protect building occupants and property owners.

Pasadena, CA

Earlier this month it was reported in The Sacramento Bee that a 15 story multi-tenant structure that has been partially vacant for years may have a new lease on life. The Bridgeway Towers were originally built close to 30 years ago as a downtown condominium complex, but after few units were sold was turned into an apartment complex.

During the last real estate boom a developer purchased the unsold units to again convert them to condos. The developer defaulted on the loan and a judge appointed a receiver to manage the property as many of the units sat largely vacant. According to the article, “The receiver discovered asbestos and mold in some of the unsold units, according to court filings.”

For the existing tenants the good news is that the bank has sold the unpaid loan to new developers. Existing tenants and area real estate professionals are hopeful that the new developments will lead to the completion of the project and the removal of any asbestos and mold.

LA Testing, an affiliate of EMSL Analytical and a leading indoor air quality testing laboratory, provides analytical services and testing supplies to help identify contamination due to mold, asbestos, lead and other sources. “Properties across the country that have been in a state of foreclosure have witnessed similar environmental problems as remodeling and construction projects have been put on hold due to court proceedings,” reported Ben Sublasky, National Director of Client Services for LA Testing and EMSL Analytical. “Many of these projects sit, and normal maintenance is postponed or ignored. These conditions can quickly lead to environmental concerns from mold and other microbial contaminants that can significantly increase the cost to finish the projects and create environmental concerns for existing and future occupants,” he continued.

To learn more about mold, asbestos, lead or other IAQ testing services please visit www.LATesting.com, email info@LATesting.com or call (800) 303-0047.

About LA Testing and EMSL Analytical, Inc.
LA Testing and EMSL Analytical are providers of environmental testing services and products to professionals and the general public. The companies have an extensive list of accreditations from leading organizations as well as state and federal regulating bodies.



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