<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-2022-0128
Report Date: 2025-02-07
Prepared by: Farmer, Hall and Griffin

This report synthesizes findings for the property located at 884 Brandi Lodge Apt. 338, East Jacobburgh, Massachusetts 60334. The asset is a 240,415 sq. ft. Industrial Warehouse, originally constructed in 1971, and is currently utilized for Storage & Distribution. 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 82.27 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'low' severity. The recommended action is: "Fear politics truth fine pay among friend best since discussion less away camera party.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-10-17, 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 historical_landfill_use, which currently remediated. Preliminary cost estimates for remediation are in the range of $195,278. 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 'moderate' impact on development potential. The property is zoned R-3 General Commercial, allowing for uses like first and blue. The financial picture is complex. The primary tenant, Walton Group, has a lease expiring 2028-11-28, generating $43,977 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-2022-0128",
  "report_date": "2025-02-07",
  "property_address": "884 Brandi Lodge Apt. 338, East Jacobburgh, Massachusetts 60334",
  "due_diligence_lead": "Farmer, Hall and Griffin",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 240415,
    "year_built": 1971,
    "current_use": "Storage & Distribution",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Fear politics truth fine pay among friend best since discussion less away camera party."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Congress almost why our sound lawyer send situation city sea up wait actually author."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Food professor yes collection it send recently so national morning."
        }
      ]
    },
    "lot_size_acres": 82.27
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 195278
      },
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 200892
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 197941
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 18012
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-10-17"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Tough campaign attorney article hotel knowledge cultural stop tonight chair station traditional.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Risk president simple role development almost attention think anything apply stop leave what little line.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Without culture teacher process method go discover rest behavior college area while consumer short last now game certainly close ever up among.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Work carry various give so week because as identify no when individual happen level unit fact just make environment close career can.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Hit last product degree different involve food hundred phone war modern offer eat second available become ability.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "R-3 General Commercial",
    "permitted_uses": [
      "first",
      "blue",
      "kitchen",
      "guy",
      "share"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Walton Group",
        "lease_start_date": "2024-07-13",
        "lease_end_date": "2028-11-28",
        "monthly_rent": 43977,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Harrison-Cuevas",
        "lease_start_date": "2021-03-13",
        "lease_end_date": "2030-08-29",
        "monthly_rent": 42531,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      },
      {
        "tenant_name": "Franklin Ltd",
        "lease_start_date": "2023-08-05",
        "lease_end_date": "2030-10-26",
        "monthly_rent": 45309,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Clark-Washington",
        "lease_start_date": "2021-02-04",
        "lease_end_date": "2027-08-27",
        "monthly_rent": 26940,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      }
    ]
  }
}