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Thought Leadership

Presented by Partner Engineering & Science, Inc.

Vapor Intrusion Rising in Importance During Due Diligence

With the revised ASTM E1527-13 standard coming soon, the environmental consulting industry may approach Vapor Intrusion somewhat differently.

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We’ve posted recently that the standard for Phase 1 Environmental Site Assessments will be changing in 2013 (the new standard will be called ASTM E1527-13), and with this comes some potentially significant changes.  One of these potential changes is a greater emphasis on assessing the risk of Vapor Intrusion or Vapor Encroachment during the Phase 1 ESA process.

The concept of Vapor Intrusion or Encroachment has been around for a while, but has become more prominent due to better science and modeling of the risks that a relatively small amount of carcinogenic vapors can pose to human health.

The potential ASTM E1527-13 change regarding vapor intrusion may be achieved simply by clarifying that the definition of a “release” does in fact include contamination in vapor phase (not just in soil or groundwater) – a small change in appearance, but it could provide additional impetus for consultants to assess vapor risk in a more systematic way.  There has been a fair amount of debate within the environmental consulting industry over how to assess for vapor risks – whether it is (and has been) a consideration during the normal Phase 1 Environmental Site Assessment process, or whether a separate Vapor Screening report should be done.

In light of this potential change, we’re hosting a free webinar on Managing Vapor Intrusion Risk this Thursday the 29th at 2pm eastern.  The webinar will cover the following:

  • How does Vapor Intrusion occur? 
  • What is a Vapor Intrusion Concern (VIC) versus a Vapor Encroachment Concern (VEC)?
  • Are either of those a Recognized Environmental Condition (REC)?
  • What do regulations have to say about vapor?
  • What is the best way to test for a vapor concern?
  • What can I do if I have a concern on my hands?

I hear from my clients that this growing concern can cause some handwringing, so I hope this webinar offers some clarification and perspective on vapor risks.  

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Vapor Intrusion Rising in Importance During Due Diligence | GlobeSt.com
ALM Real Estate Media Group|GlobeSt.com|Real Estate Forum|RealShare Conference Series

Thought Leadership

Presented by Partner Engineering & Science, Inc.

Vapor Intrusion Rising in Importance During Due Diligence

With the revised ASTM E1527-13 standard coming soon, the environmental consulting industry may approach Vapor Intrusion somewhat differently.

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

We’ve posted recently that the standard for Phase 1 Environmental Site Assessments will be changing in 2013 (the new standard will be called ASTM E1527-13), and with this comes some potentially significant changes.  One of these potential changes is a greater emphasis on assessing the risk of Vapor Intrusion or Vapor Encroachment during the Phase 1 ESA process.

The concept of Vapor Intrusion or Encroachment has been around for a while, but has become more prominent due to better science and modeling of the risks that a relatively small amount of carcinogenic vapors can pose to human health.

The potential ASTM E1527-13 change regarding vapor intrusion may be achieved simply by clarifying that the definition of a “release” does in fact include contamination in vapor phase (not just in soil or groundwater) – a small change in appearance, but it could provide additional impetus for consultants to assess vapor risk in a more systematic way.  There has been a fair amount of debate within the environmental consulting industry over how to assess for vapor risks – whether it is (and has been) a consideration during the normal Phase 1 Environmental Site Assessment process, or whether a separate Vapor Screening report should be done.

In light of this potential change, we’re hosting a free webinar on Managing Vapor Intrusion Risk this Thursday the 29th at 2pm eastern.  The webinar will cover the following:

  • How does Vapor Intrusion occur? 
  • What is a Vapor Intrusion Concern (VIC) versus a Vapor Encroachment Concern (VEC)?
  • Are either of those a Recognized Environmental Condition (REC)?
  • What do regulations have to say about vapor?
  • What is the best way to test for a vapor concern?
  • What can I do if I have a concern on my hands?

I hear from my clients that this growing concern can cause some handwringing, so I hope this webinar offers some clarification and perspective on vapor risks.  

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Where Transit Goes, Office Tenants Follow

WASHINGTON, DC—Office vacancies in transit-served submarkets are 370 basis points lower. JLL’s Scott Homa describes the correlation between demand and existing or forthcoming mass transit access.

Home Affordability Hits 8-Year Low 

IRVINE, CA—The “silver lining” in ATTOM Data Solutions’ latest report is that wage growth is outpacing home price growth in a majority of markets, says the firm’s Daren Blomquist.

Event Coverage

How the Private-Pay Home Care Industry is Changing

SAN DIEGO—Panelists at the recent NIC Spring Investment Forum talk about how more home care organizations are moving toward tech-enabled models and online direct-to-consumer platforms.

New CRE Securities Allow Long or Short Bets

TACOMA, WA—CBRE Capital Advisors will be the exclusive broker for Global Index Group’s initial duETS product will be tied to changes in the NCREIF Property Index.