PHASE I ENVIRONMENTAL SITE ASSESSMENT OF 102730007 250 INTERNATIONAL WAY SPRINGFIELD, OR 97477 PREMIER PROJECT NO. 210314.00 October 14, 2010 Prepared by: Prepared For: Premier Environmental Services, Inc. FDIC, CBRE and Realogy c/o NRT REO 1880 West Oak Parkway Experts Marietta, GA 30062 2001 Ross Avenue, Suite 3400 Phone: 800.708.8525 Dallas , TX 75201 Fax: 866.263.0098 Attn. Jason Spalding Phase I Environmental Site Assessment October 14, 2010 250 International Way, Springfield, OR TABLE OF CONTENTS 1.0 GENERAL INFORMATION.....................................................................................................1 2.0 EXECUTIVE SUMMARY.........................................................................................................2 3.0 SCOPE OF WORK AND LIMITATIONS..................................................................................4 4.0 SITE BACKGROUND............................................................................................................. 6 5.0 PROPERTY HISTORY............................................................................................................ 7 5.1 Historic Uses of the Property...................................................................................................7 5.2 Historic Uses of the Adjoining Properties................................................................................ 8 6.0 REGULATORY REVIEW.........................................................................................................9 6.1 Standard Environmental Records Sources............................................................................. 9 6.1.1 Federal Agency Database Findings..............................................................................10 6.1.2 State Agency Database Findings................................................................................. 10 6.1.3 Non-ASTM Database Findings.....................................................................................10 6.2 Additional Environmental Record Sources............................................................................ 10 6.3 Interviews.............................................................................................................................. 10 7.0 SITE INVESTIGATION AND REVIEW OF ENVIRONMENTAL CONDITIONS.................... 12 7.1 Methodology and Limiting Conditions....................................................................................12 7.2 Topography............................................................................................................................ 12 7.3 Geology................................................................................................................................. 12 7.4 Soils.......................................................................................................................................12 7.5 Hydrology.............................................................................................................................. 12 7.6 Chemicals and Raw Materials............................................................................................... 12 7.7 Polychlorinated Biphenyls (PCBs).........................................................................................12 7.8 Asbestos-Containing Materials (ACM).................................................................................. 13 7.9 Radon....................................................................................................................................13 7.10 Drinking Water..................................................................................................................... 13 7.11 Lead-Based Paint................................................................................................................ 13 7.12 Hazardous Substances....................................................................................................... 13 7.13 Land®lls............................................................................................................................... 13 7.14 Pits, Sumps, Drywells, or Catch Basins.............................................................................. 13 7.15 On-Site Aboveground and Underground Storage Tanks..................................................... 13 7.16 Off-Site Storage Tanks.........................................................................................................13 7.17 Storm Water Drainage/Waste Water Discharge.................................................................. 13 8.0 SITE INVESTIGATION AND REVIEW OF SPECIAL RESOURCES....................................14 8.1 Endangered Species............................................................................................................. 14 8.2 Wetlands................................................................................................................................14 8.3 Covered Property (Pursuant to the Coastal Barrier Improvement Act of 1990).................... 14 8.4 Undeveloped Floodplains/Wild and Scenic Rivers................................................................ 14 8.5 Areas of Scienti®c Signi®cance............................................................................................. 14 8.6 Wilderness Areas.................................................................................................................. 14 8.7 National Natural Landmarks..................................................................................................15 8.8 Undeveloped Sole Source Aquifers.......................................................................................15 210314.00 Premier Environmental Services, Inc. Phase I Environmental Site Assessment October 14, 2010 250 International Way, Springfield, OR TABLE OF CONTENTS 8.9 Archaeological Resources/Historic Sites and Structures...................................................... 15 8.10 Recreational Areas..............................................................................................................15 8.11 Undeveloped Coastal Zones/Coastal Barrier Units............................................................. 15 9.0 SUMMARY AND RECOMMENDATIONS............................................................................. 16 10.0 REFERENCES....................................................................................................................18 Appendix A: Site Vicinity Map and Site Plan Appendix B: Photographs Appendix C: Historical Review Documentation Appendix D: Regulatory Review Documentation Appendix E: Special Resources Documentation 210314.00 Premier Environmental Services, Inc. 102730007 Phase I ESA 250 International Way, Springfield, OR 10/14/2010 1.0 GENERAL INFORMATION Project Information: Site Information: Liberty Professional Center 102730007 Project Number: 210314.00 250 International Way Springfield, OR 97477 Consultant Information: County: Lane Premier Environmental Services, Inc. Latitude, Longitude: 44.089300, -123.031900 1880 West Oak Parkway Site Access Contact: Jason Spalding Marietta, GA 30062 Phone: 800.708.8525 Client Information: Fax: 866.263.0098 FDIC, CBRE and Realogy c/o NRT REO Experts E-mail Address: Jason Spalding Inspection Date: 08/24/2010 2001 Ross Avenue, Suite 3400 Report Date: 10/14/2010 Dallas , TX 75201 Site Assessor: Andrea Hammer Project Geologist Senior Reviewer: Margaret Wallace Project Scientist Certification: I declare that, to the best of my professional knowledge and belief, I meet the definition of Environmental Professional as defined in 40 CFR Part 312. I have the specific qualifications based on education, training, and experience to assess a property of the nature, history, and setting of the subject property. I have developed and performed the all appropriate inquiries in conformance with the standards and practices set forth in 40 CFR Part 312. Margaret Wallace - Project Scientist Project No. 210314.00 1 Premier Environmental Services, Inc. 102730007 Phase I ESA 250 International Way, Springfield, OR 10/14/2010 2.0 EXECUTIVE SUMMARY Asset Number: 102730007 Description: Undeveloped land - 4.97 acres Address: 250 International Way Springfield, OR 97477 This Phase I ESA was conducted based on reviews of standard historical resources and environmental regulatory databases, a site reconnaissance visit, and interviews with local officials and property management personnel. Additionally, a review of applicable special resources was conducted including obtaining information from and/or contacting corresponding agencies and reviewing available maps and databases. This Phase I ESA report provides a summary of our findings and includes figures showing the site location, copies of historical maps and aerial photographs, a copy of the regulatory database report, and other information that was deemed appropriate within the scope of this assessment. The Property consists of 4.97 acres of cleared land located at 250 International Way in Springfield, Oregon. The property is located within a business development that consists of low rise office buildings/warehouses and undeveloped land. The adjoining properties are undeveloped with the exception of a power line easement that borders the Property on the northern boundary and an office building to the southeast. The McKenzie River is located beyond wooded land to the north and is situated approximately 725 feet northeast of the Property at its nearest point. Based on aerial