KU Resources has supported numerous buyers and sellers in meeting their due diligence requirements associated with industrial and commercial real estate transactions. We fully understand the ASTM standards, including the “All Appropriate Inquiries” Rule. In addition, we routinely incorporate client-specific enhancements in our review.
Our personnel’s knowledge and experience allows us to offer a wide range of services to support our clients through their property transaction, including:
Phase I and Phase II Environmental Site Assessments (ESA)
Asbestos and Lead Surveys
Compliance Evaluations
Geotechnical and Structural Evaluations
Phase I ESA
A Phase I ESA identifies the environmental concerns of a site. Phase I ESAs may include: a physical survey; interviews with present owners; a review of past land uses; review of environmental records from database sources, including agency records; and preparation of an assessment report. KU Resources evaluates the gathered information to determine the potential liability of the property and recommends further investigation, if necessary.
Phase II ESA
Phase II ESAs evaluate the scope of the contamination by drilling, collecting, and analyzing environmental samples of a site. Armed with this information, we prepare a report to reaffirm any environmental concerns discovered during the Phase I ESAs. We also develop remedial solutions for our clients that reduce or eliminate any potential liabilities, if necessary. A Phase II report often outlines the contract for a property transaction.
Asbestos and Lead
Asbestos and lead surveys identify, locate, assess, and quantify asbestos- and lead-containing materials. We develop a response plan for the removal of the asbestos- and lead-containing materials, as necessary. In addition, we provide our clients with the survey results so they can make an informed decision about the transaction.
Compliance Evaluations
Our staff understands the complicated regulations surrounding a property transaction. We guide our clients through the often-complicated regulatory process and related implications that may impact their investment.
Geotechnical and Structural Evaluations
Our professionals can evaluate the structural and geotechnical elements of a property. Typically, these evaluations will determine any existing deterioration or present structural failures, foundation stability, or rock slope stability. This allows our clients to make confident decisions based on all the geotechnical and structural elements of the property.
