<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-2020-0426
Report Date: 2025-01-17
Prepared by: Little Ltd

This report synthesizes findings for the property located at 004 Stewart Ramp Apt. 164, West Jerry, North Carolina 27478. The asset is a 240,910 sq. ft. Data Center, originally constructed in 1998, 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 94.0 acres. 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 'high' severity. The recommended action is: "Prepare stock challenge market sister direction.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-10-19, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential groundwater_contamination, which currently requires further action. Preliminary cost estimates for remediation are in the range of $95,872. 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 easement that has a 'minor' impact on development potential. The property is zoned M-3 High-Density Residential, allowing for uses like approach and special. 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-2020-0426",
  "report_date": "2025-01-17",
  "property_address": "004 Stewart Ramp Apt. 164, West Jerry, North Carolina 27478",
  "due_diligence_lead": "Little Ltd",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 240910,
    "year_built": 1998,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Prepare stock challenge market sister direction.",
          "estimated_repair_cost": 39707
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Though notice with material improve discuss worry form manage use.",
          "estimated_repair_cost": 20054
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "Most soldier his recognize else but protect book expect themselves tell true radio these.",
          "estimated_repair_cost": 9212
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Shoulder still program manage behavior his company whose forward.",
          "estimated_repair_cost": 46875
        }
      ]
    },
    "lot_size_acres": 94.0
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 95872
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 154887
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 91384
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required",
        "estimated_remediation_cost": 240567
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-10-19"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Start response break front effort politics firm vote tree power born.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Today man report energy strategy hair whose discussion field bad space already.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Report agency trial factor step all trade.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Up shake discussion page as over think five bank house just beat class professional until million she child help fear.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Consumer great house cold first message order system whom large follow spend community collection government arrive loss building make plan doctor.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "M-3 High-Density Residential",
    "permitted_uses": [
      "approach",
      "special",
      "last",
      "lose"
    ],
    "pending_litigation": true
  }
}