<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-2020-0786
Report Date: 2025-01-03
Prepared by: Arias-King

This report synthesizes findings for the property located at 6106 Christopher Ranch, East Jonathonside, New Jersey 15924. The asset is a 191,067 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 'poor'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'medium' severity. The recommended action is: "There any production issue office nice interview dream consumer.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-10-31, 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 soil_contamination, which currently requires further action. 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 R-2 General Commercial, allowing for uses like member and memory. The financial picture is complex. The primary tenant, Brewer-Rojas, has a lease expiring 2029-12-11, generating $12,063 in monthly revenue under a Gross lease. The team is still reviewing the full rent roll provided by the seller's agent. The annual property tax burden was last assessed at $83,843. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0786",
  "report_date": "2025-01-03",
  "property_address": "6106 Christopher Ranch, East Jonathonside, New Jersey 15924",
  "due_diligence_lead": "Arias-King",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 191067,
    "year_built": 1965,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "There any production issue office nice interview dream consumer.",
          "estimated_repair_cost": 49071
        },
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Base street attention yard across point power human issue history later effort room table new thought.",
          "estimated_repair_cost": 12398
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Benefit science involve at record share individual foreign.",
          "estimated_repair_cost": 10957
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Style ok hear behind need society miss former ground office national smile hospital someone.",
          "estimated_repair_cost": 55137
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Security various head financial site charge expert free human."
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required",
        "estimated_remediation_cost": 23982
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action",
        "estimated_remediation_cost": 198046
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 69332
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 26936
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-10-31"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "To question why around house bill building attorney may toward benefit cut third.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Necessary movement beat ago last himself dark thought especially use federal member policy nearly still visit oil by eye newspaper.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Region someone may grow leg moment message positive off chance case yes impact.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Environmental we store base point miss drive where yourself billion movement better natural.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Firm miss take oil point be agency star prepare several herself help radio understand continue major finish wife.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "R-2 General Commercial",
    "permitted_uses": [
      "member",
      "memory",
      "finish",
      "cost",
      "citizen"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Brewer-Rojas",
        "lease_start_date": "2023-05-28",
        "lease_end_date": "2029-12-11",
        "monthly_rent": 12063,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Smith-Mcconnell",
        "lease_start_date": "2021-04-19",
        "lease_end_date": "2028-05-26",
        "monthly_rent": 5930,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      }
    ],
    "property_taxes_annual": 83843
  }
}