ASTM/AAI-Compliant Phase I Environmental Site Assessments (ESAs)
A Phase I Environmental Site Assessment (ESA) is a vital component of environmental due diligence for commercial real estate transactions. This assessment investigates whether a property has any environmental concerns due to historical or current uses, especially those involving operating in certain industries that deal with hazardous materials or substances.
Our experienced environmental professionals conduct thorough site evaluations in accordance with the most current ASTM E1527 standards and the EPA’s All Appropriate Inquiries (AAI) rule. By identifying Recognized Environmental Conditions (RECs), we help you make informed decisions and limit potential liability under CERCLA regulations.
Mitigate Your Risk
Protects your investment by identifying potential environmental liabilities before closing.
Competitive Rates, Aggressive Scheduling
We understand that time and budget are critical in commercial real estate. That’s why our Phase I ESAs are completed quickly without sacrificing quality. With competitive pricing starting around $1,800 to $2,500, depending on site complexity, our assessments are tailored to meet the needs of lenders, SBA-backed loans, investors, and CRE owners, helping you stay compliant and move your transaction forward with confidence.
Understand Your Site
A Phase I ESA doesn’t just evaluate property, but it also protects your financial future. If RECs are discovered, we’ll guide you through the next step, whether that’s further investigation with a Phase II ESA or alternative risk management options.
What to Expect From a Phase I ESA
Our comprehensive Phase I ESA process includes:
- Records Review – Examining historical land use through aerial imagery, topographic maps, city directories, and federal/state environmental databases.
- Site Reconnaissance – A physical inspection of the property and surrounding areas to identify visible signs of potential contamination.
- Interviews – Conversations with current and past owners, occupants, operators, and local regulators to gather site-specific environmental information.
- Professional Report – A detailed report summarizing findings, identifying any RECs, and recommending next steps (such as a Phase II ESA, if needed).
Why Order a Phase I ESA?
A properly conducted Phase I ESA offers:
- Legal Protection – Helps buyers, lenders, and lessees qualify for the “Innocent Landowner Defense” under CERCLA (Comprehensive Environmental Response, Compensation, and Liability Act) by showing they conducted all appropriate inquiry prior to purchase or lease, potentially reducing liability for preexisting environmental contamination.
- Risk Mitigation – Protects your investment by identifying potential environmental liabilities before closing.
- Regulatory Compliance – Meets federal and state requirements and often satisfies lender or SBA environmental due diligence obligations.
- Decision-Making Clarity – Understand the site’s condition before purchase, development, or refinancing.
Serving a Wide Range of Properties
We provide Phase I ESA services nationwide on all commercial property types:
- Industrial, office, multifamily, retail, mixed-use properties
- Special use: golf courses, marinas, etc.
- Agricultural properties
- Vacant land and redevelopment sites
Our Commitment to Quality
All our Phase I ESAs comply with the latest ASTM standards, and we frequently tailor our reports to meet the specific needs of lenders, the SBA, and other agencies. But we often modify our reports to include additional requirements of different lenders, the Small Business Administration, and other agencies.
- Performed in general accordance with the most current ASTM E1527 standard
- Meets EPA All-Appropriate Inquiry (AAI) requirements
- All ESAs are performed under the supervision of an individual who meets the US EPA’s definition of an Environmental Professional
- Records review of all available local, state, and federal regulatory agency databases exceeds SBA requirements when needed
Be Informed. Be Protected.
A Phase I ESA doesn’t just evaluate property; it protects your financial future. If RECs are discovered, we’ll guide you through the next step, whether that’s further investigation with a Phase II ESA or alternative risk management options.
Ready to Begin Your Due Diligence?
Call us today to order your Phase I ESA
or learn more about how we can assist
with your environmental compliance needs.
