4-13-18

Real Estate Journal — New Jersey — April 13 - 26, 2018 — 3B

www.marejournal.com

M id A tlantic

N ew J ersey

By Craig Sadowski, Brockerhoff Environmental Services LLC What is included in a proper Phase I Environmental Site Assessment?

T

he competition for en- vironmental companies who perform Phase I

is also important to review historical documents such as aerial photographs, Sanborn Fire Insurance (Sanborn) maps, city directories, historic topo- graphic maps and any other critical documents that might be part of the local or State records. An example includes a Sanborn map which may show a small circle on a property with the letters “GT”, which stands for Gas Tank. Is it still there? Was it removed? Did it leak? Not looking for and including this little circle with the letters “GT” in your evaluation can lead to liability issues. We have

seen Phase I reports where the basement wasn’t entered, only to have subsequent inspections find an oil tank switch or an old dry-cleaning machine. Instances like this open up the dreaded environmental risk can of worms and in the end, it could be the new property owner who has assumed a significant liability because a more cost-effective Phase I was conducted. Professional database compa- nies are also an important part of performing a thorough Phase I. These are services utilized by a reputable environmental company in order to evaluate

potential and identified issues with a property or adjoining property that could lead to li- ability issues down the road. It should be the goal of your Phase I provider to limit your liability by researching and reviewing everything possible for a property. Whether it’s a small commercial property or a large industrial property, each property should be thor- oughly evaluated and reviewed by competent professionals. You get what you pay for has never been more true with Due Diligence as environmen- tal regulations are becoming

more rigorous and the costs associated with remediating a property keeps getting higher. Hiring trained and competent professionals for your Due Diligence needs is the first step to reducing your liability. It might even help you sleep better at night knowing you are paying a little more to get a whole lot more. Craig Sadowski, an envi- ronmental consulting pro- fessional, has 21 years of experience in the consult- ing industry. He is a project manager at Brockerhoff En- vironmental Services LLC. n

Environmen- tal Site As- s e s s m e n t s (or Phase I) is fierce, with many compa- nies compet- ing for work from the same banks or lend-

Craig Sadowski

ers. As a result, there can be a wide range in cost estimates to conduct a Phase I for a property. However, the old adage, “you get what you pay for” routinely comes into play when comparing costs from different vendors and the lowest cost isn’t always the best deal. A proper Phase I completed in accordance with the Ameri- can Society for Testing and Materials (ASTM) starts with a thorough site inspection, where the inspector visually observes every accessible area of the property. Any areas of a prop- erty that cannot be inspected are considered a limiting condition and should be identified in the report accordingly. A competent professional will document any limiting conditions, so the client will have an understanding of the areas which a complete eval- uation could not be completed. A proper Phase I doesn’t end after the site inspection. It Scott Turner joins Bussel Realty Corp. as VP EDISON, NJ — Bussel Re- alty Corp. (BRC) , an indus- trial real estate services firm in

Brockerhoff Environmental Services LLC Environmental Consulting and Remediation Brockerhoff Environmental Services LLC Environmental Consulting and Remediation CELEBRATING 10 Y OF SERVICE 2007-2017 Phase I Environmental Site Assessments Phase II Subsurface Site Investigations Regulated Underground Storage Tank (UST) Services Industrial Site Recovery Act (ISRA) Compliance New Jersey Licensed Site Remediation Professional (LSRP) Soil and Groundwater Investigations New Jersey Child Care Preliminary Assessments Remediation Services Call or Email Us: Frank Brockerhoff, LSRP frank@brockerhoffllc.com Sean Clifford, LSRP seanc@brockerhoffllc.com Phase I Environmental Site Assessments Phase II Subsurface Site Investigations Underground Storage Tank (UST) Services New Jersey Industrial Site Recovery Act (ISRA) Compliance New Jersey Licensed Site Remediation Professional (LSRP) Services Soil and Groundwater Investigations NJ Child Car Preliminary Assessments Remediation Services Call or Email Us: Frank Brockerhoff, LSRP frank@brockerhoffllc.com Sean Clifford, LSRP seanc@brockerhoffllc.com Amy Lopez, LSRP amyl@brockerhoffllc.com (908) 689-4300 or (908) 763-8560 CELEBRATING 10 YEARS OF SERVICE 2007-2017 Phase I Environmental Site Assessments Phase II Subsurface Site Investigations Regulated Underground Storage Tank (UST) Services Industrial Site Recovery Act (ISRA) Compliance New Jersey Licensed Site Remediation Professional (LSRP) Soil and Groundwater Investigations New Jersey Child Care Preliminary Assessments Remediation Services Call or Email Us: Frank Brockerhoff, LSRP frank@brockerhoffllc.com Sean Clifford, LSRP seanc@brockerhoffllc.com Amy Lopez, LSRP amyl@brockerhoffllc.com (908) 689-4300 or (908) 763-8560

New Jersey, announ c ed Scott Turn- er has joined the compa- ny’s broker- age division a s a v i c e president. “We are ex-

cited about Scott joining and believe his considerable com- mercial real estate experience will prove highly beneficial to our growing clientele,” said Steve Bussel , president of BRC. “We are committed to providing first rate brokerage services and he will comple- ment our experienced staff.” Turner will be responsible for new business development, sales and leasing brokerage and property marketing ser- vices at the firm. n Scott Turner

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