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Re: Syzygenic post# 108476

Monday, 02/06/2017 3:48:30 PM

Monday, February 06, 2017 3:48:30 PM

Post# of 233243
I would not buy an Industrial building without an environmental study. I have to deal with this on every project I do. Phase I and Phase II. Since there is no bank perhaps one isn't needed but isn't that taking an unnecessary risk? Is that good management? I know the expense associated with cleanup and God forbid it passes through the soil to the neighbors property. One might say, "who's to say there was environmental concerns at this location?" An Environmental study declares whether there is or not because they do the history. I am in no way suggesting there hasn't been one done and perhaps you guys are right. Li had the building picked out, Environmental done, contracts in hand, before signing the paperwork to buy 1/2 of lqmt. I don't know so I have to consider you guys might be right. I am only suggesting it isn't normal in the real world but each case is different.
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