Environmental Asset Services, Inc.marketing.trammellcrow.com/Cynthia/TCC EASI Brownfield...
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W ith 20 years of experience in environmental investigation, review and mitigation, EASI has the knowledge and relationships necessary to determine the environmental impacts and risks associated with any property type, use, or potential hazard. EASI performs an independent review of available environmental documentation, and then provides the buyer, seller or developer with a concise summary that clearly identifies the property’s environmental condition, outlines potential hazards or concerns, and provides strategies for mitigation. EASI also efficiently manages third party consultants, and understands the mindsets of regulators and institutional capital. Our goal is to help mitigate long term contingent liability risk, and to reduce constructability risk. We help make deals, not break them. In the past 5 years, EASI has provided services on projects totaling more than 14 million square feet of commercial development. The six projects outlined in this brochure exemplify how EASI was able to add significant value to transactions with environmental issues. • Vice President and Environmental Manager (1996 – Present) • Responsible for project management, policy development and implementation. • Responsibilities cover a wide range of environmental issues from property management concerns such as mold or lead/asbestos abatement and tenant audits, to specialized environmental project management expertise for site investigation, remediation, and facility closures. • M.S. Environmental Studies • Registered Environmental Assessor • Certified in Hazardous Materials Management at the Master level A Resource For Land Owners, Buyers & Developers To Manage & Understand Environmental Risk BROWNFIELD SERVICES BROWNFIELD SERVICES Neal Holdridge, REA, CHMM 4 Park Plaza, Suite 700 Irvine, CA 92614 (949) 477-4700 Environmental Asset Services, Inc.
Transcript of Environmental Asset Services, Inc.marketing.trammellcrow.com/Cynthia/TCC EASI Brownfield...
With 20 years of experience inenvironmental investigation, review and
mitigation, EASI has the knowledge andrelationships necessary to determine theenvironmental impacts and risks associatedwith any property type, use, or potential hazard.
EASI performs an independent review ofavailable environmental documentation, andthen provides the buyer, seller or developerwith a concise summary that clearly identifiesthe property’s environmental condition,outlines potential hazards or concerns, andprovides strategies for mitigation. EASI alsoefficiently manages third party consultants, andunderstands the mindsets of regulators andinstitutional capital. Our goal is to help mitigatelong term contingent liability risk, and toreduce constructability risk. We help makedeals, not break them.
In the past 5 years, EASI has provided serviceson projects totaling more than 14 millionsquare feet of commercial development. Thesix projects outlined in this brochure exemplifyhow EASI was able to add significant value totransactions with environmental issues.
• Vice President and Environmental Manager(1996 – Present)
• Responsible for project management, policydevelopment and implementation.
• Responsibilities cover a wide range ofenvironmental issues from propertymanagement concerns such as mold orlead/asbestos abatement and tenant audits, tospecialized environmental project managementexpertise for site investigation, remediation,and facility closures.
• M.S. Environmental Studies
• Registered Environmental Assessor
• Certified in Hazardous Materials Managementat the Master level
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BROWNFIELDSERVICES
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Neal Holdridge, REA, CHMM
4 Park Plaza, Suite 700Irvine, CA 92614
(949) 477-4700
Environmental Asset Services, Inc.
3 Story Office - $25M Development
Issues: Former Lockheed Martin aircraft manufacturingsite with solvent and heavy metal contamination –Superfund groundwater contributor.
Solution: Negotiated indemnity with Seller, negotiated pre-approved response actions with regulators forcontingencies during grading, sited remediationwells and equipment around new development.Continue to monitor Seller’s remediation efforts.
8 Buildings - $53M Redevelopment
Issues: Former Hughes Missile Systems site, solvents andmetals in soil and groundwater, remediationongoing, RCRA closure in progress.
Solution: Negotiated indemnity with Seller, negotiated pre-approved response actions with regulators forcontingencies during grading, sited remediationwells and equipment around new development.Continue to monitor Seller’s remediation efforts.
10 Buildings - Former Oilfield - $26M
Issues: Confirm hydrocarbon remediation efforts bymajor oil company and establish disconnectbetween soil contamination and regionalgroundwater solvent contamination. Mitigatepotential methane from 30 closed oil wells.
Solution: Used historical data to show disconnect withregional groundwater problem, procured anenvironmental insurance policy against contingentliabilities, constructed a network of passivemethane venting and monitoring into the newbuilding design.
Burbank Airport Plaza West Hills Corporate Center Heritage Springs Business Park
200,000 Sq. Ft. – $7M Development
Issues: Former TRW site, part of groundwater Superfund,contaminated with metals and solvents,remediation in progress.
Solution: Negotiated indemnity with Seller, negotiatedCovenant Not to Sue with US EPA, adjusted &incorporated site remediation wells and equipmentinto site plan, continue to monitor Seller’songoing remediation efforts.
20 Buildings - 2.4M Sq. Ft. - $102M
Issues: Former CalMat mining and landfilling site,required re-closure of a former UST and anasphalt batching operation, management of apercolation basin subject to Waste DischargeRequirements, and storm water runoff andgroundwater monitoring.
Solution: Convinced Seller to re-close UST & asphaltoperations, set up WDR monitoring program.
3 Buildings – $33M Development
Issues: Former Teledyne Electronics site, solvents in soil& groundwater, RCRA closure in progress.
Solution: Negotiated Seller indemnity, closed soil vaporwells & incorporated remaining wells into sitedevelopment plan, continue to monitor Seller’songoing remediation and closure obligations.
Turnbull Canyon Distribution Center Irwindale Business Center Cabrillo Technology Center
Environmental Asset Services, Inc.
