Austin Warehouse Acquisition

Phase 1 Environmental Site Assessment - Texas
Austin Warehouse Acquisition

Project Need

A nationwide electronics distributor required environmental due diligence before acquiring a commercial/industrial space in Austin, Texas. A ten-day real estate closing deadline was set, and the commercial lender required the Phase I ESA prior to closing.

Services Completed

The Lord & Winter Team performed a Phase I Environmental Site Assessment and completed it according to ASTM 1527 standards. The Site Assessment revealed two Recognized Environmental Conditions (RECs) at the site, with no further work recommended by our team.

Issue Resolved

We expedited the Phase I Environmental Site Assessment, allowing the client to move forward with the purchase and development of the land while fulfilling CERCLA "innocent landowner requirements" for environmental liability protection.

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    Environmental planning is critical to a development project's success

    Compliance should be a top priority for any commercial development team. If you overlook local, state, or federal regulations, you could inadvertently violate pertinent environmental compliance laws, exposing your organization to civil liability and fines. Lord & Winter’s environmental planning services can help your team stay apprised of all relevant regulations.

    Our experts ensure the completion of development projects in a manner that fully complies with pertinent local, state, and federal laws. This oversight can reduce your risk of incurring costly fines and insulate your organization from civil liability.