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The legacy of underground storage tanks
The history of underground storage tanks is strongly connected to the oil industry. Soon after oil was discovered, and more uses for it were revealed, the need for storage became evident. At first oil was stored in whiskey barrels and other improvised containers, but these did not satisfy the long term nor the large capacity […]
Read moreEnvironmental Liability on Condominium Properties
Many industrial and commercial properties are located within condominiums and run by condo boards. In a condominium property, a landowner owns their own property/bay within the property, but they legally own a portion of the common property as well. Condo boards use a “per unit” factor breakdown based on the percentage of ownership. Condominium land […]
Read moreIs my property an asset or a liability?
At EDI we believe a property should represent an asset, not a liability. Our goal and our expertise is making sure you acquire the former and not the latter. If a Phase I ESA identifies areas of concern we will recommend a subsurface investigation to make certain you know what you are purchasing. This is […]
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