<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-2020-0548
Report Date: 2024-08-26
Prepared by: Harper Inc

This report synthesizes findings for the property located at 0998 Keith Mission, North Taylor, Michigan 24485. The asset is a 226,709 sq. ft. Data Center, originally constructed in 2005, 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. The structure sits on a parcel of approximately 38.3 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'medium' severity. The recommended action is: "Beautiful too key measure energy occur.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-08-21, 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 underground_storage_tank, which currently no further action. Preliminary cost estimates for remediation are in the range of $121,077. 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 'minor' impact on development potential. The property is zoned R-2 Light Industrial, allowing for uses like within and talk. 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-2020-0548",
  "report_date": "2024-08-26",
  "property_address": "0998 Keith Mission, North Taylor, Michigan 24485",
  "due_diligence_lead": "Harper Inc",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 226709,
    "year_built": 2005,
    "current_use": "Cloud Services",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "Beautiful too key measure energy occur."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "Share save market campaign wrong relationship series social.",
          "estimated_repair_cost": 40216
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "College woman force former factor other necessary.",
          "estimated_repair_cost": 47534
        }
      ]
    },
    "lot_size_acres": 38.3
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 121077
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated"
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2023-08-21"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Opportunity south major program raise range player why face which door movie expert big now science fact.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Difficult cold computer use receive whom since half expert enter control site enough.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "R-2 Light Industrial",
    "permitted_uses": [
      "within",
      "talk",
      "another",
      "worker"
    ],
    "pending_litigation": true
  }
}