Property Services

Geo-Logix specializes in providing environmental advice for realtors, vendors, purchasers, and lessee’s and lessor’s of commercial / industrial property. Our experts in environmental contamination will ensure an appropriate level of environmental due diligence is conducted in consideration of your commercial interest and risk tolerance.

In response to a growing economy and competitive market place too many people are entering into agreements without doing environmental due diligence. Timing, competition, and commercial interests are usually working against you. Over-conservative due diligence is usually a deal breaker. Geo-Logix can provide cost effective, timely, due diligence to quantify environmental risk enabling you to make informed decisions in consideration of your risk tolerance and commercial interest.

Purchasers:
Geo-Logix can help you conduct due diligence to minimize risk while maintaining your position during a competitive acquisition/merger process. We quantify environmental risk to provide you with a competitive edge. In our experience over conservative environmental due diligence will be a deal breaker, therefore it is crucial to have sound, experienced, risk based environmental advice.

Vendors:
If you intend to sell a commercial / industrial property you will likely have to get an environmental contamination investigation conducted. It is important at this stage that you seek the right advice. Poorly directed investigations conducted by inexperienced consultants in site contamination and environmental risk can significantly devalue your property overnight. Geo-Logix understands environmental risk associated with contamination and can protect you against over conservative or under conservative investigations and reports. Geo-Logix can manage environmental investigations to ensure the right data is collected the first time, and ensure the data is interpreted in consideration of site specific geology, hydrogeology, toxicology, land-use and surrounding environment. The right advice will have significant bearing on the value of your property.

Leasees:
In our experience people are entering into lease agreements without knowledge or consideration of potential or existing contamination issues and what it may mean in terms of ongoing risks and liability. In its worst instance, you may be exposing site occupants to unacceptable levels of contamination which may present adverse health effects. You need to be protected against existing environmental conditions for your employees, branding, and during the term of the lease. It is important that there is clear definition of the condition of land prior to entering into the lease.

Lessors:
Lessor's of commercial industrial property need to be aware of the proposed activities which will be conducted on your property. You will need to ensure that you are not left at the termination of lease with environmental conditions which may devalue your property, or even worse, be responsible for cleanup. Environmental law has a tiered approach to enforcing cleanups. Primarily the cleanup will be enforced on the responsible party, however if the lessee becomes insolvent the property owner will be left with the responsibility. There are measures you can take to protect the value of your property and minimize risks.

Some of the environmental due diligence services GEO-LOGIX offers include;

• Interpretation and advice on Environmental Reports which may accompany a contract of sale / lease;

• Interpretation, advice, and drafting of Environmental Clauses in contracts to ensure you are adequately protected, now and in the future, against loss, damages, claims, liability, or suits associated with existing or future environmental issues;

• Environmental representation during contract negotiation;

• Quantifying environmental risks so you can make an informed, competitive purchase in consideration of your risk tolerance and commercial interest;

• Advice on likely contamination issues which may be associated with a property;

• Develop processes in your standard lease agreement to ensure existing environmental conditions will be easily differentiated from conditions which may originate from your operation during the term the lease;

• Prepare Environmental Management Plans to ensure your business is operated in a manner which minimizes environmental contamination;

• Prepare consultancy agreements for investigation/remediation contractors to ensure you get the right data the first time; and

• Project management of environmental issues to ensure cost effective, directed, expedited site investigation and remediation.