Oversaw Buildout of Headquarters
Represented government contractor with lease agreement and buildout of its 12,000 sf corporate headquarters in newly constructed Class “A” office building in Tysons, Virginia.
Represented international construction company with $90 Million sale of Class “A” office building, including 108,000 sf office and 25,000 sf ground-level retail components, in Arlington, Virginia.
Secured Sale of Large-Scale Office Building
Represented international investors with $45 Million purchase, including a $26 Million acquisition loan, of a 64,000 sf, 11-unit office and retail condominium complex, part of a larger, master-planned development on 7 acres in Brooklyn, New York.
Recouped Loan for Condominium Construction
Upon expiration of clients’ private equity fund, firm attorneys documented and closed a $231 Million restructuring and recapitalization of the clients’ new fund with incoming equity partners, including the transfer of the prior fund’s 7 diversified product holdings of office, retail and mixed-use assets located in multiple U.S. jurisdictions.
Closed Restructuring of Private Equity Fund
Facilitated Acquisition and Partnership over 49-Acre Site
Represented local developer with its acquisition of a 49-acre site in Maryland and its partnership with local government authorities and other area developers for the entitlement of a mixed-use development of residential townhome lots, multi-family units, retail space and an employment center (office, light industrial and business incubation space). The firm’s attorneys managed formation of the condominium regime and owners’ association, filing of reciprocal easement agreements, rights of way and restrictive covenants, and approval of subdivision plats, stormwater management plans and project permits.
Secured Mixed-Use Land Lease
Represented local government agency with negotiations of a ground lease, development agreement and reciprocal easement agreement with a commercial developer for the construction and operation of a 1,000,000 square foot mixed-use transit oriented development on the client’s land, including office buildings, multi-family residential units, retail stores, a hotel and parking structures to complement a future metrorail station to be located on an adjacent parcel.
Negotiated
$1 Billion International Venture
Represented private Chinese real estate investor and Chinese sovereign fund in $120 Million equity investment to finance the initial phase of a $1 Billion mixed-use development in Washington, D.C. Assisted the client with the negotiation of a purchase and sale agreement, collateral assignments of contracts and permits and easement documentation. Coordinated due diligence review including title, survey, construction contracts, construction warranties and leases.
Acquired
$102 Million Loan for Private Trust
Represented a private trust in the acquisition of and related deed-in-lieu transaction of a mortgage loan and mezzanine loan in the aggregate amount of $102 Million secured by an office building in Chicago, Illinois. We worked with the client post-acquisition to negotiate management, listing and leasing agreements for the operation of the assets.
Protected Everglades Through Acquisition
Represented a Florida government agency with its acquisition of portions of more than 180,000 acres of agricultural land in Florida. Originally structured as a $1.34 Billion transaction with a seven-year leaseback and subsequently restructured as a $500 Million deal. The land purchase was the largest public land acquisition in Florida’s history and the single most important action to protect the Everglades since the designation of Everglades National Park 60 years ago.
Represented a large commercial real estate investor with the formation of a joint venture and subsequent purchase of a multi-family apartment building in Washington, D.C. On behalf of our client, we (i) coordinated the due diligence efforts on the subject asset, including review of environmental and engineering reports, title, survey, leases and zoning matters; and (ii) negotiated the joint venture agreement, the conveyance documents and the management and leasing agreements.
Formed Commercial Real Estate Joint Venture
Negotiated Foreclosure and Purchase for Investor
Represented a large commercial real estate investor with its due diligence efforts and foreclosure purchase of 7.85 net usable acres of land (including four additional acres subject to reciprocal easement agreements) located in Illinois and improved by a 85,000 square foot retail strip center and 456 parking spaces. Post-acquisition, we assisted our client with (i) its operation of the asset by negotiating tenant leases and asset management, property management and listing agreements; and (ii) securing future investors for the project by creating an investment venture and drafting related subscription materials.
Represented overseas private investor in dispute with partners in venture formed to develop a multi-phased retail center in Las Vegas, NV.
Resolved Partner Dispute
Facilitated Major International Acquisition
Represented a private Korean investor in the acquisition of Hanbo Steel Corporation involving over $500 Million in equity and debt acquisition and working capital financing.