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Due diligence when buying commercial and industrial real estate • RENX

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When buying a commercial or industrial property, there’s a lot that goes into due diligence reports.

Jim Bartlett, senior vice-president at Bureau Veritas, explains the process of getting Property Condition Reports and Phase I Environmental Site Assessments in Part I of a two-part interview.

Bartlett is a familiar voice in commercial real estate consulting, advising clients for over 25 years on environmental and property condition due diligence, asset management, construction project management, ADA/accessibility, and policy/training programs.

He chairs ASTM International’s Subcommittee E50.02 on Real Estate Assessment and Management and leads ASTM task groups on Phase-I ESAs (E1527), Limited Moisture Assessments (E3026); Drone Assessments of Commercial Real Estate (WK86230), and Facility Condition Assessments (WK92482).

Watch for Part II of this deep dive into diligence next week.

 



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