Phase I Environmental Site Assessments (Phase I ESAs) are often required when commercial and industrial properties are sold, re-developed, or re-financed. During these transactions, Phase I Site Assessments are an important part of the “due diligence” process as they help lenders and property purchasers to minimize their environmental liabilities. A high-quality Phase I ESA can facilitate re-financing of a property, prevent delays in site re-development projects, and save purchasers thousands of dollars by ensuring costly site remediation work isn’t necessary.
“ECG has completed dozens of Phase I ESAs for Centrum Properties. We've always been very satisfied with their work.”
Environmental Consulting Group
411 S. Wells Street, Suite 700
Chicago, Illinois 60607