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
Fannie Mae’s new Temporary Property Inspection Protocols states that mortgage servicers should work with their inspectors to follow the CDC guidance for safe interactions for entering any properties. When it is safe to do so, inspectors must make the
The San Diego restaurant industry has been especially hit hard by the COVID-19 lockdowns and new purple tier restrictions, which have nearly shuttered their indoor operations due to Governor Gavin Newsom’s new stay-at-home orders. On-site
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