Phase I Environmental Assessment of a Commercial Property

Phase 1: BBVA Compass Bank 02
Overview

Water & Air scientists and engineers conducted a Phase I Environmental Site Assessment to determine a commercial property’s previous uses, characteristics and history for a bank. The findings will enable the lender to evaluate environmental risks regarding lending money for the purchase a former furniture store property.

Task Summary

  • Provided historical data.
  • Compiled interview information.
  • Observed and photodocumented site conditions.
  • Conducted a database review.
  • Created an interpretive report for presentation to the client.

Results

The information collected for the Phase I assessment was provided to the bank in an organized format that allowed them to make a decision about financial liability associated with the property. The findings allowed the bank to move forward with the loan to the prospective buyer for the purchase of the property.

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800.242.4927 (Toll Free) • 6821 SW Archer Road, Gainesville, FL 32608 • info@waterandair.com