How do you go about protecting yourself from acquiring environmental liability? The best answer is to do a Phase I Environmental Site Assessment (ESA). In the process of doing so, let’s say that you uncover something so scary that you’re ready to head for the door (such as your desired property is on an EPA Superfund Site).
The following was my experience when a real estate advisory client that was interested in acquiring a regional shopping center came to me already knowing that there was a Superfund site near the shopping center. They needed to find some options that would convince them and their client that they could safely close the deal.
The details of this Superfund site and the subject property at the time of the transaction (2003) were as follows.
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May 12, 2025
Survey Insights into the Construction Industry’s Response to Tariffs By Robert W. Barone, R.A., LEED AP, Director of Construction Services at Partner Engineering and Science, Inc. | Published May 12th, […]
May 05, 2025
Bolstered by limited supply and a light construction pipeline, retail real estate is performing well and is expected to continue to perform through 2025. The industry is experiencing low vacancy and high rent spreads that are contributing to positive outcomes.
May 09, 2025
CHICAGO, IL – Partner Engineering and Science, Inc. is pleased to welcome Justin Arias to the position of Director based out of Chicago, Illinois l Mr. Arias brings over a decade of leadership experience to this role and a focus on operational management and organizational leadership.
