Transactions:
Sales and Acquisitions: Represented sellers and purchasers in a wide range of commercial real estate transactions, including sales and acquisitions of office buildings, residential subdivisions, retail sites, and vacant land. Representative transactions include: Represented a corporation in connection with the acquisition of a 400,000 square foot corporate headquarters. Represented a developer in connection with the flip of 15 residential subdivisions to a national homebuilder expanding into the New Jersey market. Represented real estate portfolio in connection with the acquisition of ten industrial properties having an aggregate sales price of over $100,000,000. Represented major financial corporation in connection with the sale of a former corporate headquarters to a pharmaceutical company, where the $150,000,000 mortgage debt assumed by the purchaser exceeded the $80,000,000 purchase price. Represented a property owner in connection with the tax deferred contribution of a shopping center to a real estate investment trust. Represented private equity fund in connection with tax deferred contributions of various properties to the fund. Represented a purchaser in connection with the $12,000,000 sale/leaseback and financing of two supermarket sites. Leasing: Represented landlords and tenants in connection with a variety of commercial lease and sublease transactions involving office, warehouse, and retail sites. Representative transactions include: Represented a ground landlord in connection with a default by a hotel ground tenant. Represented a computer company in connection with an 89,000 square foot office and warehouse lease. Represented a property owner in connection with the ground lease of a 100,000 square foot big box retail site. Represented a landlord in connection with a 95,000 square foot office lease. Represented a wireless company in connection with master leases for nationwide wireless antenna sites. Finance: Represented borrowers and lenders in connection with commercial loan transactions, including construction loans, acquisition financing and purchase money loans between sellers and purchasers, and defeasance transactions. Representative transactions include: Represented a lender in connection with an $8,000,000 construction loan secured by a leasehold interest in property. Represented a lender in connection with a $6,000,000 loan for acquisition of a car dealership site. Represented a nonprofit corporation in connection with a $2,250,000 bond financing. Represented a computer company in connection with a $20,000,000 unsecured line of credit. Represented a borrower in connection with a $6,000,000 securitized refinancing of a supermarket. Represented a purchaser in connection with a $19,000,000 purchase money loan by a seller of an industrial park. Other: Represent clients in connection with other real estate related matters, including the real estate aspects of litigation, bankruptcy, and corporate transactions. Representative matters include: Represented a joint venture partner in connection with the real estate aspects of a $200,000,000 corporate joint venture. Represented a major corporation in real estate aspects of $700,000,000 asset acquisition. Represented a creditors' committee in a major bankruptcy involving the liquidation of over 300 properties. Represented a developer in connection with the creation of park covenants for a 400 acre industrial park.