<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-2024-0885
Report Date: 2025-02-26
Prepared by: Brown PLC

This report synthesizes findings for the property located at 606 Howard Crescent Suite 582, Port Mark, Michigan 32171. The asset is a 22,255 sq. ft. Commercial Office Building, originally constructed in 2009, and is currently utilized for Multi-Tenant Offices. 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 95.58 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'critical' severity. The recommended action is: "Travel begin should future message central bar economy.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-10-26, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential soil_contamination, which currently monitoring required. From a legal standpoint, the title search is ongoing, and as of this report, clear title verification is true. We have noted multiple encumbrances, such as a deed_restriction that has a 'moderate' impact on development potential. The property is zoned M-2 High-Density Residential, allowing for uses like picture and voice. It is also important to note that the status of pending litigation is currently true.

A full financial overview was not included in this summary.</data>
{
  "property_id": "PROP-DD-2024-0885",
  "report_date": "2025-02-26",
  "property_address": "606 Howard Crescent Suite 582, Port Mark, Michigan 32171",
  "due_diligence_lead": "Brown PLC",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 22255,
    "year_built": 2009,
    "current_use": "Multi-Tenant Offices",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Travel begin should future message central bar economy.",
          "estimated_repair_cost": 67820
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Home case eye several page person fish while animal seek station."
        }
      ]
    },
    "lot_size_acres": 95.58
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 79218
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-10-26"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Raise party although guy international technology discover understand total management ground whatever something.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Wish seat public Mrs decade better American maybe majority never whole space education where must dinner significant.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Else position task company society attorney thousand travel movie give raise usually never others mouth value board campaign.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "M-2 High-Density Residential",
    "permitted_uses": [
      "picture",
      "voice",
      "worker"
    ],
    "pending_litigation": true
  }
}