Environmental site assessments are important tools that help commercial property buyers, owners, lenders, and developers identify and mitigate environmental liabilities. They are often required by lenders and investors prior to loan approval for the purchase
A Phase 1 Environmental Site Assessment (ESA) is a report prepared by a qualified environmental professional that assesses the likelihood of contamination that could potentially impact the environment or the subject property. They are an
A Phase 2 Environmental Site Assessment (ESA) is an investigation that is conducted after a Phase 1 ESA has identified potential areas of concern on a property. The purpose is to determine whether or not
Skylights are a common feature on commercial property roofs. They are installed to let in natural light, which can help reduce energy costs. However, they can also be a source of water leaks, which can
As a commercial property inspector, it is my job to assess the condition of commercial buildings to ensure they do not have major structural and mechanical defects, and that they comply with building codes and regulations.
The life sciences industry encompasses a wide variety of medical fields, including biotechnology, pharmaceuticals, biomedical technologies, life systems technologies, nutraceuticals, and biomedical device manufacturing. From a commercial real estate investment perspective, the life sciences sector is one of the
The La Jolla-based real estate firm, Protea Properties recently closed on five commercial buildings in San Diego County, California for a combined price of $47 million. Four of the properties were in Chula Vista and one in
The Lanai Village apartment complex in Sring Valley, California recently sold for approximately $10.8 million. The buyer was Twelve Management Group, LLC. The property was built in 1965 is 32,944-square-feet with 48 apartments – 26 one-bedroom, one-bathroom
Cushman & Wakefield recently sold a 160,000-square-foot medical office building owned by Palomar Health in Poway, California, in a sale-leaseback transaction for more than $100 million. Pomerado Outpatient Pavilion is Poways largest medical building and was
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