Terra-Petra Environmental Engineering Helps Developer with Pico Gateway Apartments Project Success

Terra-Petra designed the environmental engineering designs and waterproofing systems for this multifamily property in the Pico-Robertson neighborhood just sold for $22.4M a few years back. As always, Terra-Petra is quite proud to be a part of the revision and revamping of land that was up until today, unusable. The revitalization of the LA Basin continues with environmental engineering being a key component of developers' success stories. So now, in what is becoming to be known as an increasingly popular Westside area, this building is being described as a “very high-quality property in a great location." 

This Week's LA Deal Sheet

The fully occupied Pico Gateway Apartments location offers 48,275 SF of rentable space, including 7,500 SF of ground-floor retail, 39 apartments and more than 135 underground parking spaces. Just two blocks from Beverly Hills, which is also a draw, apartment amenities include double sinks for preparing kosher meals, maple hardwood floors, double-paned windows to block out street noise and appliances. 

There is also an optional Shabbat elevator for residents to use on the Jewish Sabbath. Projected growth in the area is making the neighborhood increasingly popular. A recent study shows the population on the Westside could grow by 3.4% over the next five years. 


Read the full story about this properties sale at: Bisnow.com

Terra-Petra Supports Los Angeles Micropolitan Project General Contractor

Terra-Petra supported Frymer Construction to successfully ensure the environmental integrity of the Micropolitan at Urban Lights Multifamily Community project — located near the Los Angeles County Museum of Art and the up-and-coming LA Metro Purple Line station in Downtown Los Angeles.

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The Micropolitan is situated near the Los Angeles County Museum of Art, and is within a two-minute walk of the Los Angeles Metro Purple Line station, which will soon debut.

The Micropolitan is situated near the Los Angeles County Museum of Art, and is within a two-minute walk of the Los Angeles Metro Purple Line station, which will soon debut.

LOS ANGELES — A private 1031 exchange investor has purchased The Micropolitan at Urban Lights, a 45-unit multifamily community in the Miracle Mile submarket of Los Angeles, for $27.1 million. The community is located at 739 S. Ogden Drive.

The Micropolitan was built in 2015. It is situated near the Los Angeles County Museum of Art, and is within a two-minute walk of the Los Angeles Metro Purple Line station, which will soon debut.

Ron Harris and Paul Darrow of Institutional Property Advisors represented the seller, Micropolitan, a subsidiary of Psomas, in this transaction.

 

Terra-Petra Partners with Law Firm Wactor & Wick in Downtown Los Angeles

With an increase in the amount of expert environmental work requested by law firms throughout California in recent months, Oakland, California environmental law attorneys, Wactor & Wick LLP recently hired Terra-Petra to perform a methane soil gas investigation for a Methane Buffer Zone site in downtown Los Angeles.Terra-Petra was selected based on its expertise and knowledge in the field of methane soil gas and upon its prior work on numerous projects throughout the Los Angeles Basin over the last 25 plus years.. 

CEM 75 Drill Rig in action at the project site in Los Angeles, CaliforniaWactor & Wick LLP was founded in 2002 by two former EPA enforcement attorneys. The firm provides cost-effective solutions to reduce environmental risks to clients such as property owners, developers, manufacturers, retailers, lending institutions, mining companies, attorneys and consultants. Wactor & Wick is rated as a Pre-Eminent law firm and both partners have earned the Highest (AV) Rating from Martindale-Hubbell for Legal Ability and Ethical Standards, the Super Lawyer rating (top 5% of all lawyers), the Superb rating from Avvo and have been named in The International Who’s Who of Environmental Lawyers.

According to Vice President and GM, Justin Conaway, Terra-Petra determined that the use of a CME 75 Drill Rig was imperative in reaching our designed depth of 50 feet below surface grade in the gravel like soils at this specific site (based on the Wactor & Wick's due diligence on the project), Terra-Petra also determined that typical direct push probe drilling equipment would not have been able to reach a depth of even 15 feet given the specific conditions of the site.

"We had a great experience collaborating with Wactor & Wick and are looking for more opportunities to work with other such accomplished law firms in this industry," said Conaway, "Wactor & Wick is extremely knowledgeable about environmental regulations; they are very diligent in their effort to coordinate this investigation. We really appreciate working with a law firm that is dedicated to getting the job done right."

 

Terra-Petra Announces New Office and New Presence in New York City and on the East Coast

northeast

For Immediate Release
Contact: Laurie Pehar Borsh
Laurie Pehar Borsh PR
800-915-2151 x706

Los Angeles, CA (PRWEB) December, 02 2014–Environmental Engineering firm Terra-Petra recently announced that it has continued to formalize its national expansion with the opening of its newest office in New York City. The environmental engineering firm, specializing in contaminated soil and groundwater conditions, has opened its newest office in One Penn Plaza, on the 36th Floor.

Terra-Petra’s expertise starts with soil gas characterization, remediation, and in the design and inspection of gas mitigation systems for buildings of all types – including commercial, multiple family, single family, industrial, institutional and retail. We are methane experts and methane gas specialists. With the NYC office officially in place, the firm has already taken projects in the surrounding areas.

“Our expansion out east allows for the opportunity to offer coast to coast coverage of Terra-Petra’s services. We have found that many of our clients that are based on the east coast have projects going on in the west coast, and visa-versa,” said Kevin Buchanan, CEO of Terra-Petra. “It’s a very unique situation with many of our clients, and for us to have a presence in New York simply strengthens our relationships with our larger clients. As we suspected, our clients on the east coast are faced with very similar environmental constraints that exist on the west coast.”

“Our national reach allows us to jump in with our expertise without missing a beat, when called on to perform our services,” Justin Conaway, Terra-Petra VP/General Manager added. “Terra-Petra is also looking at the possibility of opening up an office in the Midwest next year, in order to give us even better national coverage of our services. More to come on that as we move into 2015.”

Terra-Petra was founded, and is committed towards the purpose of creating a safe environment for building and structure occupants, free of toxic vapors and volatile organic compounds. Terra-Petra utilizes current expertise and state-of-the-art technology to engineer environmental solutions in concert with local and federal agencies to assure compliance with all code and regulations, and ultimately protecting people from unsafe building conditions.

More about Terra-Petra 
With its strong presence in the environmental engineering industry for over 20 years, Terra-Petra has many successful projects to lean on. The company started its operations focusing on the Los Angeles market to address the local "methane concerns" that quickly became a big issue in the early 1980s. Terra-Petra’s in-house experts were also a big part of the original team that developed the local Los Angeles Methane Code which has been mirrored by many other cities over the years. With more than 80 years of collective experience in the environmental and soil gas mitigation fields along with a staff of Construction Managers, Civil Engineers, Registered Environmental Assessors, and Registered Geologist/Certified Engineering Geologists, Terra-Petra has the ability to find compromise solutions for any environmental concern that may arise. .

New York Office:One Penn Plaza; 36th Fl, New York, NY. 10019 – (212) 786-7456 
Los Angeles Office: 700 S. Flower St; #2580, Los Angeles, Ca. 90017 – (213) 458-0494                         
San Francisco Office: One Sansome Street; Ste #3500, San Francisco, Ca. 94104 – (415) 590-4890

Terra-Petra holds court at ICSC RECon Las Vegas

Terra-Petra's CEO, Kevin Buchanan and VP/GM, Justin Conaway "held court" with many current and future clients in booth 60 at the ICSC RECon 2014 at the Las Vegas Convention Center last week (May 18-20).

RECon is the global convention for the shopping center industry and provides networking, deal making and educational opportunities for retail real estate professionals from around the world. With over 32,000 attendees and 1,000 exhibitors it is the largest retail real estate industry convention.

"We had such a great opportunity to meet so many people who had methane and vapor gas mitigation needs," said Buchanan. "We hope to be able to continue these conversations and develop as well as continue current relationships in the retail real estate development industry."  Here are some of the highlights.

RECON BOOTH TB BOOTH RECON BOOTH TB BOOTH.2 RECON BOOTH TB BOOTH.3 RECON Marketplace 2014.5 RECON Marketplace 2014.6 RECON KBTP Badge RECON Mark Cuban guest star TERRA-Petra at ReCon Booth in Green ZoneRECON BOOTH TB BOOTH.4 RECON BOOTH TB BOOTH.6 Justin ReCon 2014 1RECON Marketplace 2014 RECON Marketplace 2014.2 RECON Marketplace 2014.3 RECON Marketplace 2014.4 RECON BOOTH PREIT RECON BOOTH Irvine Company RECON BOOTH Related - TP Client RECON BOOTH PREIT.2 RECON BOOTH TB Isle 600TERRA-Petra at ReCon Booth