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Environmental Risk Management For Retail And Restaurant Owners

Retail and restaurant properties come with varying levels of environmental risk

Retail and restaurant owners face unique challenges in site selection and development, and one crucial component of that is environmental due diligence. If your job title includes the terms "Real Estate Coordinator", "Construction Supervisor", or "Director of Development" it is likely that part or all of the responsibility for completing environmental due diligence activities falls on your desk. Your role may be administrative in procuring a qualified Phase 1 Environmental Site Assessment (ESA) consultant or perhaps technical as the reviewer of completed reports. The quality of the report can often be indicative of the experience of both the Environmental Professional (EP) and the consulting firm. Identifying and utilizing a third-party provider who understands the risk management process for retail clients is critical.

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