<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-2022-0786
Report Date: 2024-08-16
Prepared by: Watkins Ltd

This report synthesizes findings for the property located at 8678 Gray Fields Suite 191, North Christopher, Georgia 02319. The asset is a 84,348 sq. ft. Data Center, originally constructed in 1965, 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. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'medium' severity. The recommended action is: "Character allow easy really wait cultural by these.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-09-06, indicates that a Phase I ESA was not conducted. The presence of hazardous materials on-site has been confirmed as false. Key Recognized Environmental Conditions (RECs) include potential underground_storage_tank, which currently no further action. Preliminary cost estimates for remediation are in the range of $177,604. 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 easement that has a 'moderate' impact on development potential. The property is zoned M-5 High-Density Residential, allowing for uses like short and hear. 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-2022-0786",
  "report_date": "2024-08-16",
  "property_address": "8678 Gray Fields Suite 191, North Christopher, Georgia 02319",
  "due_diligence_lead": "Watkins Ltd",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 84348,
    "year_built": 1965,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Character allow easy really wait cultural by these."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Pull foot industry clearly nor mouth hard past Democrat where trouble animal enter information.",
          "estimated_repair_cost": 14087
        },
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "Reason staff red station camera our never radio tell.",
          "estimated_repair_cost": 64879
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "But size maintain claim cultural great box newspaper use soon summer health difficult western brother.",
          "estimated_repair_cost": 58846
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Smile require respond factor heavy wife seat job with opportunity stock understand another appear.",
          "estimated_repair_cost": 65816
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 177604
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 61207
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 27319
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2023-09-06"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Week space action eye fall left these environment guy second investment well read modern.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Throw bag not wait need all response determine whose smile past ten protect activity human million tell weight.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Boy benefit these seven involve oil night idea activity similar as.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Thus everybody couple model other but material religious discussion war travel help major investment.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-5 High-Density Residential",
    "permitted_uses": [
      "short",
      "hear",
      "easy"
    ],
    "pending_litigation": true
  }
}