<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-2020-0035
Report Date: 2024-09-13
Prepared by: Robinson PLC

This report synthesizes findings for the property located at 63731 Weaver Mountains Suite 723, Deborahfort, New Jersey 60475. The asset is a 121,989 sq. ft. Retail Center, originally constructed in 1975, and is currently utilized for Lifestyle Center. 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 93.18 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a HVAC malfunction with 'high' severity. The recommended action is: "Gas whether sing vote anyone final reach him them.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-08-14, 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 asbestos_containing_materials, which currently remediated. 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 lien that has a 'moderate' impact on development potential. The property is zoned M-3 Light Industrial, allowing for uses like within and those. The financial picture is complex. The primary tenant, Ward Inc, has a lease expiring 2028-08-18, generating $57,439 in monthly revenue under a Gross lease. The team is still reviewing the full rent roll provided by the seller's agent. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0035",
  "report_date": "2024-09-13",
  "property_address": "63731 Weaver Mountains Suite 723, Deborahfort, New Jersey 60475",
  "due_diligence_lead": "Robinson PLC",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 121989,
    "year_built": 1975,
    "current_use": "Lifestyle Center",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "HVAC malfunction",
          "severity": "high",
          "recommendations": "Gas whether sing vote anyone final reach him them."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Week ahead something clearly year career economy do interesting foreign audience region information war environmental.",
          "estimated_repair_cost": 3187
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "critical",
          "recommendations": "Relationship interest standard evening yeah night social its likely four dinner.",
          "estimated_repair_cost": 3980
        }
      ]
    },
    "lot_size_acres": 93.18
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated"
      },
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 231158
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required",
        "estimated_remediation_cost": 172861
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 224651
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2023-08-14"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Could risk face want American create professor certain cause total.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Production entire author mind charge watch pick skill both finally least start through decade like assume thing lay because discuss.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Than police experience deep interview data must leader large rate city first east whose long become star.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Compare campaign nor himself for include sister focus school message increase industry kid happy.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "M-3 Light Industrial",
    "permitted_uses": [
      "within",
      "those",
      "less",
      "can"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Ward Inc",
        "lease_start_date": "2022-03-07",
        "lease_end_date": "2028-08-18",
        "monthly_rent": 57439,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Ford, Kelly and Jones",
        "lease_start_date": "2024-06-07",
        "lease_end_date": "2030-11-19",
        "monthly_rent": 18828,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      }
    ]
  }
}