Commercial Property in Historic Italian Village Completes Phase I and II Environmental Site Assessments
Stone Environmental was contracted by a Central Ohio commercial lending institution in early December 2013 to perform a Phase I Environmental Site Assessment (ESA) for a commercial real estate transaction in Historic Italian Village in Columbus, Ohio, scheduled to close on Dec.31, 2013.
Historical and current property information identified a recognized environmental condition on an adjoining property. A site visit on Dec. 16, 2013 confirmed the presence of the operating dry cleaning facility. Due to heavy snow cover encountered during the initial site visit, a second site visit was conducted on Dec.20, 2013. A Phase II ESA was recommended on Dec.20th and approved by the lender, keeping in mind of the holiday season and upcoming closing date of December 31, 2013.
Stone Environmental personnel, Jon Zanders, made immediate arrangements with the drilling subcontractor and completed the Phase II ESA field work Dec. 23, 2013. Stone Environmental also worked very closely with the laboratory to ensure laboratory analytical results for soil and groundwater samples were completed by close of business, Dec. 27, 2013. Analytical results were received and analyzed in the early afternoon on Dec. 27th. Stone Environmental issued the final report by close of business Friday, Dec. 27, 2013 recommending no further actions. The turnkey Phase II ESA was completed within five business days meeting the objective and delivering the final report two days before the scheduled closing date for the property transaction.
Dennis Stillwell, The Central Ohio commercial lending institution Vice President said, “Your ability to meet the time schedule and stay within the budgets was critical to the completion of this project. We thank you for your professional services in the completion of a Phase I and Phase II environmental assessment.”
Stone Environmental is a Westerville, Ohio based and Ohio licensed engineering firm offering a wide variety of engineering and environmental services to institutions, government, business, and industry throughout Ohio and the Midwest. Our name is built on responsiveness to the needs of each client and clear communication with clients, review agencies, and regulators. Contact us today to learn more about the services we offer.