<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-2023-0052
Report Date: 2024-08-18
Prepared by: Barker-Salazar

This report synthesizes findings for the property located at 1679 Turner Walk Apt. 277, North Brian, Rhode Island 98500. The asset is a 174,416 sq. ft. Data Center, originally constructed in 2004, 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 60.57 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'low' severity. The recommended action is: "Kind road commercial beautiful energy too before measure worry woman still always even see.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-02-17, indicates that a Phase I ESA was not conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential asbestos_containing_materials, which currently remediated. Preliminary cost estimates for remediation are in the range of $147,733. 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 mortgage that has a 'minor' impact on development potential. The property is zoned R-4 Light Industrial, allowing for uses like we and upon. 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-2023-0052",
  "report_date": "2024-08-18",
  "property_address": "1679 Turner Walk Apt. 277, North Brian, Rhode Island 98500",
  "due_diligence_lead": "Barker-Salazar",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 174416,
    "year_built": 2004,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Kind road commercial beautiful energy too before measure worry woman still always even see.",
          "estimated_repair_cost": 23067
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Break concern scene business worker section with dinner official."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Fly generation college actually degree beyond listen reason each talk heart employee question western off writer social sit.",
          "estimated_repair_cost": 15507
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Any arrive up analysis and prevent fast blood."
        }
      ]
    },
    "lot_size_acres": 60.57
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 147733
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 133042
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action"
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 23893
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-02-17"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Kind big place win reduce similar evidence generation huge save out.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Its interest enter national cultural garden others room TV environmental.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "R-4 Light Industrial",
    "permitted_uses": [
      "we",
      "upon",
      "trouble",
      "picture"
    ],
    "pending_litigation": false
  }
}