Environmental Due Diligence
Property transactions warrant a thorough evaluation of the environmental conditions of the property to be acquired. TGE conducts both Phase I and II Environmental Site Assessments (in accordance with ASTM standard E1527-13 and EPA guidelines) to assess potential property or facility-related liabilities or BERs (Business Environmental Risks).
Our team provides environmental due diligence services, for clients in a wide variety of industries, scaling from single properties to entire portfolios. Our extensive background in real estate due diligence and compliance consulting makes TGE a reliable resource for evaluating potential environmental risks/liabilities associated with property acquisition, divestiture, re-development, and closure.
Investigation and Compliance Assistance
You can rely on the expertise of TGE’s experienced professionals to identify potential risk and possible environmental contamination of properties under consideration for purchase/acquisition. Our multi-disciplined staff conducts the following assessments as part of our due diligence services:
- Phase I/II ESAs
- Soil characterization
- Ground water characterization
- Remedial Investigation/Feasibility Studies
- Remediation and corrective action management
- Asbestos, Mold, and Lead-Based Paint Assessments
- Indoor Air Quality Assessments
In-depth knowledge of local, state and federal regulations, along with industry-specific requirements, allows TGE to develop and implement long-term, cost-effective mitigation and remediation strategies. We also guide clients through regulatory programs to address environmental transactions; these programs include:
- Innocent Owner/Operator Program (IOP)
- Voluntary Cleanup Program (VCP)
- Municipal Settings Designation (MSD) Program
TGE has conducted thousands of real property assessments nationwide and regionally, and has conducted many of the more visible real estate transactions throughout major metropolitan areas of the U.S. on behalf of leading banks, pension funds, REITS and developers.