Real Estate Investors & Buyers Turn to Zimmetry Environmental for Phase I ESAs

When a property is sold, the buyer acquires any potential environmental problems that are associated with the purchase. Phase I Environmental Site Assessments are non-invasive studies to help determine the environmental conditions of a commercial property during transfer of ownership or refinancing.  It is generally considered the first step in the process of environmental due diligence.
 
This is the opportunity for the purchaser, investor, and/or financial institution to verify the material facts of a potential investment.  Unknown liabilities may exist and real estate investments may be affected by:
            •           Prior chemical spills
            •           Hazardous waste sites
            •           Polychlorinated biphenyls (PCBs)
            •           Abandoned industrial operations
            •           Underground storage tanks
            •           Current business activities
            •           Adjacent property histories
 
When property transactions take place in Puerto Rico and across the Caribbean, the leading provider of Phase I ESAs is Zimmetry Environmental.  “We recognize the importance of identifying potential hazards when a property transaction is about to take place,” said Harry Pena, President of Zimmetry Environmental.  “A Phase I Environmental Site Assessment is the gold standard for evaluating the environmental liability associated with a real estate asset.  At Zimmetry, we provide the peace of mind you deserve through practical business advice on environmental liability issues.”
 
Zimmetry’s Phase I ESA service includes:
            •           Physical inspection of the property
            •           Interviews of knowledgeable persons
            •           Review of federal, state and local lists of known contaminated sites, hazardous materials users, spills and storage tanks
            •           Evaluation of the potential effects of adjacent properties
            •           Property history searches at applicable register of deeds offices
            •           Review of existing environmental documents for the property
            •           Interpretation of photographs and maps
            •           Current and past property uses
 
To learn more about Zimmetry Environmental and their Phase I ESAs or other environmental, compliance and indoor air quality consulting services, please visit www.zimmetry.com, call (787) 995.0005 or email info@zimmetry.com .
 
About Zimmetry Environmental
Since 2002, Zimmetry Environmental has been providing environmental consulting services to building owners and managers, architects, engineers, EHS professionals and Fortune 500 companies.  The company is based in Puerto Rico and provides services across the Caribbean and Central America.  The professionals at Zimmetry offer environmental compliance, indoor air quality, asbestos, lead-based paint, Phase I ESAs and general environmental consulting services.

Contact Information

Paul Cochrane

President

Cochrane & Associates, LLC

Contact via E-mail