Partner Engineering Opens Pacific NW Office
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LOS ANGELES-El Segundo, CA-based Partner Engineering and Science Inc. has opened its first office in the Pacific Northwest in Seattle, headed by environmental scientist Ryan Golden. Under Golden’s supervision, the Seattle office will work with both real estate lenders and buyers on a variety of assignments including ESAs, soil and groundwater investigations and remediation, and commercial building inspections and energy audits.
Golden, who played a key role in starting Partner’s first New York area office in 2008, has performed and supervised more than 1,000 environmental site assessments and soil and groundwater investigations on all property types including multifamily, commercial office, retail, hotel, and numerous industrial sites including projects related to aerospace and technology, according to a prepared statement.
A Phase I ESA is a report that identifies potential or existing environmental liabilities on commercial real estate. The report is triggered by its purchase or refinancing, or by a lender who is providing a commercial real estate loan on the asset. According to Golden, Partner performs more ESAs than any other environmental due diligence firm in the US.
An increase in Phase I ESAs is directly related to an increase in commercial loan originations and Seattle experienced the highest percentage of growth in ESAs from first quarter 2011 over the same period last year, says Golden. This suggests that commercial real estate deals are getting done in Seattle, he says.
Partner Engineering and Science Inc. is a GlobeSt.com Thought Leader, providing viewpoints and solutions to commercial real estate's biggest engineering and environmental issues. Look for the firm's Science of Real Estate blog to launch on GlobeSt.com this summer. For more information about the Thought Leadership program, contact Scott Thompson at sthompson@alm.com.
For more on engineering on GlobeSt.com, check out Partner Engineering and Science, Inc.'s "Science of Real Estate" blog, which provides Thought Leadership positions on a variety of commercial real estate-related issues. Be sure to check out Partner's on-demand webinar on March 21 titled Engineering Returns Through Energy Efficiency.
Categories: West, Office, Engineering, Executive Moves, Seattle, Los Angeles
Natalie Dolce Natalie Dolce, editor of the West Coast region for GlobeSt.com and Real Estate Forum, is responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, Natalie was Northeast bureau chief, covering New York City for GlobeSt.com. Dolce’s background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats Arthur Frommer’s Budget Travel magazine, FashionLedge.com, Co-Ed magazine, and has also freelanced for a number of publications including MSNBC.com and Museums New York magazine. Contact Natalie Dolce.
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