NJ Company's Environmental Phase I Services Provide Commercial Property Buyer's " Piece of Mind" !

Purchasing a commercial property in New Jersey can be a nightmare if proper " Due Diligence " is not completed. Proper environmental Site investigation can provide the buyer with tools necessary to make a worry free purchase.
 
NEW JERSEY, N.J. - April 2, 2013 - PRLog -- Many financial institutions require a Environmental Phase I and Phase II Investigation prior to purchase. Many companies offer this service but few have the in house capabilities to investigate and identify environmental problems. Experience with commercial properties is critical as what makes a property a " Risk" due to past or current site operations. In some cases commercial properties do not have any " Due Diligence" completed and truly buy the property " As Is". Many cash purchases are completed in this manner. Sometimes the property is clean but in other situations a new buyer may be welcomed into the neighborhood by a letter from the New Jersey Department of Environmental Protection ( NJDEP) informing the new buyer that they are now a " Responsible Party" for clean-Up & remediation.. Finding a abandoned heating oil or gasoline tank can also raise a buyers stress level. Environmental Systems recommends that all properties have a Ground Penetrating Radar Scan, along with soil and ground water testing. Imagine purchasing a property that was a dry cleaners or a gas station. Clean-up of such sites could cost thousands of dollars more the property is truly worth.. Environmental Systems will investigate all the prior property uses and identify current offsite and on site environmental areas of concern. Once all the environmental concerns are identified , Environmental Systems technical staff can provide a realistic remediation cost estimate. In some case only a minor environmental issue may exist, but if the environmental area of concern affects offsite properties, remediation can become very expensive. Environmental Systems can provide quick service and Phase I and Phase II's can usually be completed with 7-14 days.

To obtain further Information regarding Environmental Systems Site Assessment services call Environmental Systems at 732-892-8707 or visit our website at depenvirosystems.com
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Tags:Commercial Lending, Site Investigation, Soil Testing, Environmental Phase I, Property Inspection
Industry:Commercial property, Phase I
Location:New Jersey - New Jersey - United States
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