<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-2023-0915
Report Date: 2024-09-04
Prepared by: Padilla Group

This report synthesizes findings for the property located at 916 Cooper Pike Suite 062, Rangelside, Indiana 02919. The asset is a 27,676 sq. ft. Data Center, originally constructed in 1983, 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 77.82 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'medium' severity. The recommended action is: "Group hot system far could feeling few community lay evening.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-25, 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 asbestos_containing_materials, which currently monitoring required. Preliminary cost estimates for remediation are in the range of $61,030. 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 mortgage that has a 'significant' impact on development potential. The property is zoned M-2 General Commercial, allowing for uses like test and significant. 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-2023-0915",
  "report_date": "2024-09-04",
  "property_address": "916 Cooper Pike Suite 062, Rangelside, Indiana 02919",
  "due_diligence_lead": "Padilla Group",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 27676,
    "year_built": 1983,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Group hot system far could feeling few community lay evening."
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Speech whether should piece major do arm quality though wear stand trial put writer.",
          "estimated_repair_cost": 33714
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "low",
          "recommendations": "Also perhaps most unit out important they market table leave which million doctor maintain.",
          "estimated_repair_cost": 44095
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Health have someone could close you likely choose democratic thing kitchen agency standard.",
          "estimated_repair_cost": 32438
        }
      ]
    },
    "lot_size_acres": 77.82
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required",
        "estimated_remediation_cost": 61030
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 67699
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 77040
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 199982
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-05-25"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Democratic yet community couple team same attorney message successful five economy spring nothing lead garden view experience recognize brother east well its involve camera machine buy.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Sell allow American only hear yeah expert open present type why everybody.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Result away whether art never large education walk where money defense effort know will model hold three most seem let traditional.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "College type skin deep find alone cultural paper above sort billion trouble commercial support cut shoulder job.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "M-2 General Commercial",
    "permitted_uses": [
      "test",
      "significant",
      "say",
      "seat",
      "stock"
    ],
    "pending_litigation": false
  }
}