commercial property transaction

October Newsletter: Steps to Take Before Closing on a Commercial Property Transaction

Whether you are the seller, buyer, lender, or other stakeholder in a commercial real estate  property transaction, it is important to evaluate your environmental risk and secure the future value of your property. It is important to have an Environmental Site Assessment (ESA) done early on during the property transaction due diligence period before the closing date to allow time for go/no go decisions and additional assessment (if warranted) to prevent any delays in the process.

Listed below are the three types of Environmental Site Assessments you may need to have done before closing your next property transaction.

Phase I Environmental Site Assessment (ESA):

CRG Texas provides Phase I Environmental Site Assessments in accordance with ASTM E1527-21 and EPA All Appropriate Inquiry standards provide:

-Identification of recognized environmental conditions associated with the subject site and surrounding sites that may pose a threat of environmental risk to stakeholders.

-Qualify innocent landowners, prospective purchasers, and lenders for “Landowner Liability Protections” (LLPs) afforded under CERCLA

Phase II Environmental Site Assessment (ESA):

CRG Texas provides Phase II Environmental Site Assessments in accordance with ASTM E 1903-11 standards for environmentally sensitive properties that include but are not limited to:

Petroleum storage and fueling sites, manufacturing and industrial facilities, pharmaceutical and petrochemical plants, dry cleaning plants, auto repair mechanic and body shops, and other facilities where petroleum products and hazardous substances were used and relative wastes were generated.

Assessment activities include: soil and groundwater and surface water and sediment sampling, sub-slab soil vapor and ambient indoor air quality sampling, asbestos and mold surveys, and lead based paint bulk sampling.

Phase III Site Cleanup:

CRG Texas provides Phase III ESA Site Cleanup in accordance with Federal, State, and local government and industry standards for environmentally impacted properties:

• In-situ soil mixing/ stabilization

• Contaminated soil excavation, transportation, and disposal

• Petroleum & hazardous chemical tank removal and decontamination

• Tank hold flushing and soil washing

• Bio-remediation, Phyto-Remediation, and wetlands restoration

• Demolition and site restoration prior to a property sale

Non-Scope Environmental Considerations:

Non-ASTM Scope Considerations include and are not limited to: Wetlands, Threatened & Endangered Species, Lead-Based Paint (LBP), Asbestos Containing Materials (ACM).


National Boss Day 2022


Spooky Season is here! Try out this fun Halloween Recipe: Spider Biscuit



70g butter, softened

50g peanut butter

150g golden caster sugar

1 medium egg

1 tsp vanilla extract

180g plain flour

½ tsp bicarbonate of soda

20 peanut butter cups, Rolos or Maltesers

100g milk chocolate, chopped

icing eyes, or make your own






Heat oven to 180C/160C fan/gas 4 and line two baking sheets with parchment. Using an electric hand whisk, cream the butter, peanut butter and sugar together until very light and fluffy, then beat in the egg and vanilla. Once combined, stir in the flour, bicarb and ¼ tsp salt.


Scoop 18-20 tbsps of the mixture onto the trays, leaving enough space between each to allow for spreading. Make a thumbprint in the centre of the cookies. Bake for 10-12 mins or until firm at the edges but still soft in the middle – they’ll harden a little as they cool. Leave to cool on the tray for a few mins before topping each biscuit with a peanut butter cup, Rolo or Malteser. Transfer to a wire rack to cool completely.


Heat the chocolate in the microwave in short bursts, or in a bowl set over a pan of simmering water, until just liquid. Scrape into a piping bag and leave to cool a little. Pipe the legs onto each spider, then stick two eyes on each. Leave to set. Will keep for three days in an airtight container.


Credits: BBC Good Food

Thank you for taking the time to read our newsletter. We hope you found it informative. In the event that you may find a need for these services or have any other questions about please don’t hesitate to reach out.


Kevin and Nubia Casler