Featuring Summer Gell, Principal and an environmental science expert at Partner Engineering and Science, Inc., published May 31, 2024
The commercial real estate industry in Texas faces a unique set of environmental challenges and opportunities. Partner Engineering and Science, Inc., a leading environmental services firm, is at the forefront of helping clients navigate these complexities. With a focus on due diligence, innovative solutions and sustainability strategies, Partner empowers Texas CRE investors and developers to make informed decisions and future-proof their projects.
“One major issue is the potential wave of distressed assets due to factors such as declining property values in various sectors, stagnant rent growth, higher interest rates and a tight credit market,” said Summer Gell, a principal at Partner and an environmental science expert. “As a result, many investors have been focusing on property maintenance due diligence such as asbestos and mold, to carefully consider measures to avoid liabilities and reduce losses on distressed assets.”
