Phase 1 ESA
What is a Phase 1 Environmental Site Assessment (ESA)
A Phase 1 ESA is a site assessment performed on a real estate holding with a completed report that identifies all potential or existing environmental contamination liabilities. Most lenders require a Phase 1 ESA on all commercial and industrial real estate transactions prior to funding a loan to determine what environmental risks are present.
MSE Environmental Phase 1 ESA Process – Records Review, Site Reconnaissance, Interviews and Report:
• Phase I & II Environmental Site Assessments