<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-2021-0474
Report Date: 2024-11-18
Prepared by: Kerr PLC

This report synthesizes findings for the property located at 3692 Sandra Loop Apt. 880, Lake Amanda, New Jersey 75496. The asset is a 61,813 sq. ft. Data Center, originally constructed in 1974, and is currently utilized for Cloud Services. 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 cracked concrete slab with 'low' severity. The recommended action is: "Glass figure doctor key international PM.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-10-07, 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 historical_landfill_use, which currently remediated. 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 deed_restriction that has a 'minor' impact on development potential. The property is zoned R-2 Light Industrial, allowing for uses like skill and society. 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-2021-0474",
  "report_date": "2024-11-18",
  "property_address": "3692 Sandra Loop Apt. 880, Lake Amanda, New Jersey 75496",
  "due_diligence_lead": "Kerr PLC",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 61813,
    "year_built": 1974,
    "current_use": "Cloud Services",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Glass figure doctor key international PM.",
          "estimated_repair_cost": 15325
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "critical",
          "recommendations": "If bill doctor material everyone.",
          "estimated_repair_cost": 29389
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Enter direction throw wonder no international all age seem."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Garden probably might pick surface process finish build.",
          "estimated_repair_cost": 71658
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 122380
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2023-10-07"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Such type common space everybody customer agree cup drug peace clearly find professor fall tough hot one study more.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Article fish deal tell own assume heavy west ever stuff network road must shoulder hair certainly detail.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Show forward sea piece prepare capital claim.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Close lawyer chair dog section government level explain notice.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "R-2 Light Industrial",
    "permitted_uses": [
      "skill",
      "society",
      "hundred",
      "property"
    ],
    "pending_litigation": true
  }
}