Parking Structure - Due Diligence Survey

N-J was contacted by a client that had made an offer on a large office building and parking structure. They needed an evaluation of the parking structure to determine if there were any conditions that might affect the sale. N-J performed a Phase I Condition Assessment to determine the extent and severity of distress in the parking structure. N-J found a large amount of significant distress that warranted repairs. N-J prepared floor plans of the structure and documented locations of typical distress. Using the findings of our investigation, the buyer was able to negotiate concessions from the owner so that the buyer would not have to bear the cost to repair the distress.