Environmental/Hazardous Materials

Submitted by SC-admin on September 30, 2013

Today most commercial real estate leases contain provisions for environmental protection and maintenance of the prpoerty. The tenant is usually indemnified for prior acts before thier occupancy.  The main concern is if the tenant brings in hazardous materials without permission from the Landlord, and it damages the industrial or commercial real estate property. This is a complicated matter due to very expensive clean up costs and who actually damaged the rental property.

“I was looking for a new business space and needed a real estate broker with a keen understanding of the Los Angeles market. Lee Segal understood what we were looking for and what was important to us; he even took the extra step of anticipating how the situation might serve us in the long run. Thanks to his professional advice, we found the perfect space for the company. I will definitely work with him again if I have real estate needs in Los Angeles.”  
Joachim Wekenmann, General Manager for Weckerle Cosmetics USA