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Environmental
Site Assessments
Acquisitions
Industrial
Facilities
Property
Transactions
Acquisitions require that the due
diligence on environmental issues be conducted in a thorough
manner. Since 1988, Huff & Huff, Inc. (H&H) has conducted
environmental site assessments on over $900 million of industrial
and commercial property transactions. Site assessments follow ASTM
protocols and All Appropriate Inquiry (AAI). Freedom of Information Act (FOIA) requests are
routinely made regarding compliance status. Site
assessments cover many of the same topics as audits, but with a
stronger emphasis on the historical use of the property. Records
searches from government agencies, such as local building,
planning, and fire protection departments, and state and federal
environmental agencies, historical societies, aerial photographs,
Sanborn Fire Insurance maps, and property records are needed to
characterize potential environmental concerns.
H&H
has prepared reports for a variety of sites, from vacant lots and
farmland to industrial complexes. In New Jersey and Connecticut,
where such investigations are mandatory, H&H prepared and
implemented an extensive ECRA plan for a 20-acre New Jersey
industrial facility and assisted in two Connecticut property
transactions.
Huff & Huff has conducted
environmental site assessments and subsequent Phase II investigations as needed in the following states:
California
Connecticut
Florida
Illinois
Indiana
Iowa
Kentucky
Louisiana
Michigan
Mississippi
Missouri
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Nebraska
New Jersey
New York
North Carolina
Ohio
Pennsylvania
South Carolina
Texas
Washington
Wisconsin
Canada
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Geological records, well logs,
underground storage tank and disposal registries are also
assembled. An historical survey of a property can indicate
potential hazards associated with a site, and surrounding sites,
which may not appear in records typically examined by buyers and
sellers. In addition, the historical survey reviews material from
a longer time span than the current operator or owner can
typically supply.
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