The Commercial Real Estate Informational Portal

Welcome to CRE-Expert.com

Welcome to the Commercial Real Estate Expert Blog! A host of industry leading real estate professionals, lawyers, and consultants providing the latest in real estate relevant news and advice.

Author Archives: Lennie Lafaurie

Why is a Phase I different in Indianapolis, Indiana?

A Phase I ESA is an environmental assessment conducted to identify potential environmental hazards on a property. In Indianapolis, Indiana, there are a few things that make a Phase I ESA different from other parts of the country. First, Indianapolis is located in a region that is known for its industrial past. This means that…

Why is a Phase I different in Fort Lauderdale, Florida?

Phase I Environmental Site Assessments (ESAs) are conducted in Fort Lauderdale, Florida in accordance with the ASTM E1527-21 standard. However, there are some specific differences in how Phase I ESAs are conducted in Fort Lauderdale that are worth noting: History of industrial activity: Fort Lauderdale has a long history of industrial activity, which means that there…

Why is a Phase I different in Cincinnati, Ohio?

There are a few reasons why a Phase I ESA is different in Cincinnati, Ohio. History of Industrial Activity: Cincinnati has a long history of industrial activity, which has resulted in the presence of hazardous substances on some properties. As a result, Phase I ESAs in Cincinnati are more likely to identify potential environmental hazards than…

Why is a Phase I different in San Francisco, California?

Phase I Environmental Site Assessments (ESAs) for commercial real estate in San Francisco, California may differ in several ways compared to other areas. Some potential differences could include: Geology and soil conditions: San Francisco is located in a seismically active region and has a variety of soil types, including unstable soils and fill material. These…

Why is a Phase I different in Phoenix, Arizona?

Phase I Environmental Site Assessments (ESAs) for commercial real estate in Phoenix, Arizona may differ in a few ways compared to other locations: Climate: The climate in Phoenix is hot and dry, which can impact the potential for soil and water contamination. For example, there may be higher levels of dry-cleaning solvent or fuel contamination…

Why is a Phase I different in New Orleans, Louisiana?

Phase I Environmental Site Assessments (ESAs) for commercial real estate in New Orleans, Louisiana may differ from those in other locations due to the unique geological, historical, and cultural factors present in the area. Some specific differences may include: Hurricane and flood risk: New Orleans is located in a flood zone and has a high…

Why is a Phase I different in Miami, Florida?

Phase I Environmental Site Assessments (ESAs) for commercial real estate in Miami, Florida may differ in several ways due to the unique environmental and regulatory conditions of the area. Some potential differences may include: Hurricane risk: Miami is located in a coastal region that is vulnerable to hurricanes and tropical storms, which could affect the…