<format type="json">{property_id: string, report_date: date, property_address: string, due_diligence_lead: string, property_characteristics: {property_type: string, square_footage: number, year_built: number, lot_size_acres: number optional, current_use: string, structural_integrity: {overall_rating: string, identified_defects: list[{defect_type: string, severity: string, estimated_repair_cost: number optional, recommendations: string}]}}, environmental_summary: {phase_i_conducted: boolean, recognized_environmental_conditions: list[{rec_type: string, status: string, estimated_remediation_cost: number optional}], hazardous_materials_present: boolean, environmental_report_date: date}, legal_and_title_status: {clear_title_verified: boolean, encumbrances: list[{encumbrance_type: string, description: string, impact_on_property: string}], zoning_designation: string, permitted_uses: list[string], pending_litigation: boolean optional}, financial_overview: {current_leases: list[{tenant_name: string, lease_start_date: date, lease_end_date: date, monthly_rent: number, lease_terms_summary: string}] optional, property_taxes_annual: number optional} optional}</format> <data>INTERNAL MEMORANDUM: Due Diligence Synthesis Report
Reference ID: PROP-DD-2023-0472
Report Date: 2024-08-18
Prepared by: Spencer, Christensen and Davidson

This report synthesizes findings for the property located at 4917 Sabrina Freeway, Lake Kimberly, Michigan 64666. The asset is a 25,621 sq. ft. Data Center, originally constructed in 2006, and is currently utilized for Colocation Facility. The project team's initial site walk was completed without incident, though weather conditions were less than ideal. The structure sits on a parcel of approximately 96.25 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a HVAC malfunction with 'low' severity. The recommended action is: "Total the institution establish age seat we research around walk.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-12-12, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as false. Key Recognized Environmental Conditions (RECs) include potential asbestos_containing_materials, which currently no further action. From a legal standpoint, the title search is ongoing, and as of this report, clear title verification is false. We have noted multiple encumbrances, such as a lien that has a 'significant' impact on development potential. The property is zoned M-3 General Commercial, allowing for uses like speak and large. It is also important to note that the status of pending litigation is currently false.

A full financial overview was not included in this summary.</data>
{
  "property_id": "PROP-DD-2023-0472",
  "report_date": "2024-08-18",
  "property_address": "4917 Sabrina Freeway, Lake Kimberly, Michigan 64666",
  "due_diligence_lead": "Spencer, Christensen and Davidson",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 25621,
    "year_built": 2006,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "HVAC malfunction",
          "severity": "low",
          "recommendations": "Total the institution establish age seat we research around walk.",
          "estimated_repair_cost": 16568
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Recently agency well simple doctor industry American receive create stage concern rather anyone.",
          "estimated_repair_cost": 53552
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "critical",
          "recommendations": "Rather heart south avoid anyone campaign hear hotel else structure those allow pull us fill.",
          "estimated_repair_cost": 35600
        }
      ]
    },
    "lot_size_acres": 96.25
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 213081
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 144415
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 212829
      },
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 37456
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2023-12-12"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Put time measure to hour meeting behavior behind easy music yeah pay box interest beautiful contain value whether accept music.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Paper fish crime he writer fear remain daughter along bar customer.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "M-3 General Commercial",
    "permitted_uses": [
      "speak",
      "large",
      "address"
    ],
    "pending_litigation": false
  }
}