Clark Hill lawyers regularly represent clients in all aspects of real estate leasing transactions. We serve developers, lenders, owner/investors, and management companies as landlords in leasing of space for retail, office, commercial and industrial purposes. We also provide services to tenants of such properties.
In our leasing work, we are often called on to provide many services beyond the drafting and review of lease agreements. We advise clients on matters such as alternatives for energy supply, environmental issues, compliance with governmental regulations, reciprocal easement agreements, and other business aspects of the leasing transaction. Our responsibilities frequently include the negotiation of work letters and other construction related matters; coordination of subordination and non-disturbance agreements with lenders; and business analysis of leasing decisions and economic structures. Our leasing experience also includes ground leasing, bondable leases, build to suit transactions, subleases, lease assignments and lease buy-outs. We have represented clients in sophisticated sale/leaseback transactions, including a transaction involving the sale/leaseback of office, manufacturing and warehouse properties in ten states, as well as structuring complex lease transactions involving various tax credits and incentives, such as the Master Lease of the historic Argonaut Building located in Detroit, Michigan, a $150,000,000 project utilizing state and federal historic, New Market and brownfield tax credits. To facilitate financing, we have utilized condominium structures to lease multiple buildings.
Our clients include both public and private entities. We have assisted manufacturing clients in subdividing, redeveloping and leasing industrial properties in “brownfields.” Others have utilized our services in leasing of warehouse, light manufacturing and office spaces in industrial parks and free-standing properties across the country. Several large retail developers engage us to assist in leasing management, including enforcement of remedies, in addition to work directly related to property management ranging from labor relations questions to zoning compliance for redevelopment of interior spaces. We seek to educate our clients concerning legal requirements in property management to enable them to make smarter decisions independently, resulting in a more efficient and less costly dispute resolution process or sound preventive action. Our active real estate litigation support team works closely with the real estate transactional lawyers in serving the needs of our clients.
Clark Hill represents both landlords and tenants, as well as investment advisors, in office leasing involving whole buildings and space within multi-tenant properties. We have represented national office landlords such as J.E. Roberts, Archon and insurance companies such as Metropolitan Life and Prudential in the leasing of their office portfolios. Our experience also includes a wide variety of retail leases, including restaurants and shopping centers. We have represented retailers such as Kmart and Dunkin' Donuts and developers with respect to anchor tenants, in-line tenants and outlots. We have also assisted a variety of industrial clients – including energy providers, steel makers, automobile manufacturers and suppliers such as SPX Corporation and Severstal -- in leasing of major industrial facilities in many applications. We have structured master leases for the leasing of industrial properties in multiple states to a single tenant under one lease. We have the expertise, including two attorneys who are LEED Accredited Professionals, to represent either the landlord or tenant in preparing and negotiating leases or amendments that establish the landlord's and tenant's respective responsibilities for the construction and cost of green improvements as well as other issues that relate to the green status of a building.
We are well prepared to serve the interests of the parties to a leasing transaction from creation to termination. Beyond advocating the interests of each client, we have established good working relations with members of the brokerage community, and have presented seminars to clients and brokers on lease negotiation strategies and on environmental and energy matters.
Regional representation of numerous shopping center owners and developers in the development, construction, financing and leasing of their projects, including the negotiation and drafting of complex leaseholds with national anchor tenants.
Performed a pesticide due diligence review of a client’s sale of a subsidiary which manufactured and sold fertilizers, nutrients and registered pesticides. During the due diligence investigation, an unresolved “show cause letter” from EPA’s pesticide enforcement office alleging that the subsidiary was selling unregistered pesticides was uncovered. The scope of the potential liability was narrowed sufficiently to allow the transaction to close and EPA eventually decided not to pursue the enforcement action
Advised clients engaged in acquisitions of the potential implications of GHG emission limits and regulatory programs
Performed due diligence on a client’s planned acquisition of another sulfuric acid manufacturing facility
Provided bounding estimates on the future remediation costs during environmental due diligence on a “to be acquired“ company
Advised clients in due diligence investigations on complex future environmental risks that are likely to impact the economics of a transaction
The Split Ring sculpture, by Clement Meadmore, will return to downtown Grand Rapids in June 2016. It originally sat outside the Frey building before being moved to Woodland Mall. The sculpture is now returning to downtown after almost 50 years. Steve Stapleton and Ingrid Jensen worked on the negotiations and contracts to bring this iconic piece back to the heart of downtown.
Represent national real estate company in various contract and business tort disputes, including not only litigation but advising on pre-litigation strategies and cost beneficial approaches
Represent and defend substantial real estate developer and owner against large scale mechanic’s lien claims surrounding work and improvements performed by tenant
Successfully defended coal mining company in state court litigation by land owners, involving breach of contract, fraud and civil conspiracy claims in connection with lease disputes
Defended coal mining company against claims for statutory violations, breach of implied contract/unjust enrichment, breach of contract, negligence, misrepresentation, unfair trade practices, trespass in property damage and subsidence actions by landowners
Representation of non-profit corporations in a wide array of zoning and land-use matters.
Representation of developers in joint ventures and real estate limited partnerships.
Redevelopment of the iconic Argonaut Building in Detroit, Michigan at a project cost in excess of $150,000,000 through a multi-layered tax credit transaction involving State and Federal Historic Tax Credits, New Market Tax
Provide legal representation to several small business owners, developers and franchisees in the development of single site properties (gas stations and quick service restaurants) with a focus on land acquisition, annexation, easements (utilities) government entitlements, leasing and construction matters
Represented local municipality in the creation of a not for profit development entity to facilitate the development of a $500 million dollar comprehensive redevelopment plan to accommodate the acquisition and development of land for a multi carrier cargo development plan
Represented and counseled a not for profit developer in the establishment of a development joint venture in the construction of a 96 unit Section 42 federal tax credit low income senior housing facility
Represented developer in the acquisition and development of 300 acres of industrial land in the southern suburbs of Chicago with a value of $20 million dollars. Coordinated the preparation of a redevelopment plan for the area targeting land acquisition; brownfield assessment/cleanup; site planning/design; development/ project finance; training /job creation with a goal of attracting environmentally safe and non invasive businesses to the industrial area
Represented a local municipality and economic development group in obtaining the first State of Illinois single community Redevelopment Authority with bonding authority of $200 million dollars
Represented fund in designing and structuring the real estate investment models to accommodate raising foreign investment capital to be blended with other investment incentives such as New Market Tax Credits, Tax Increment Financing and other incentive based programs
Represented commercial development client in the development of over 200,000 square feet of commercial retail strip centers located in the Chicago metropolitan area. Responsible for land acquisition, site planning/design; government entitlements; (zoning/incentives); analysis and procurement of project financing, and construction management. Utilized various economic development tools to improve profitability such as real estate tax rebates (class 8) and tax increment financing
Representation of investment companies in 1031 exchanges and tenant in common agreements
Representation of Michigan developer in all aspects including condominium documentation, negotiation of purchase contracts, closings and tax appeals at the local level and state level
Represented development joint venture consisting of private equity firm and real estate developer for the development and construction of quick service restaurants throughout the United States
Representation of private companies, including a local real estate investment fund raising equity to purchase multi-family properties in the Chicagoland area, in the preparation of private placement memoranda and subscription documents under Regulation D of the Securities Act of 1933
Represented a private equity fund to establish an immigrant investor fund for the investment in real estate and/or mid-market with a funding goal of $100 million dollars
Representation of purchasers and sellers in the acquisition and disposition of real property
Representation of landlords and tenants in negotiation of leases for multi-use buildings, industrial and office space
Representation of local and regional lenders in sophisticated lending transactions, including multi-family housing and shopping center loans, nursing home accounts receivable lending, senior and mezzanine finance, construction loans, and asset based lending
Preparation and negotiation of AIA Contracts on behalf of owner with respect to general contractors, engineers and architects
Lead counsel for various retail shopping plaza owners in multiple counties. Draft leases and amendments and enforce landlord rights
Lead defense counsel in dispute over lease of warehouse involving over $1 million in claims. Filed motion for summary judgment leading to successful resolution of action
Represented local and national real estate developers in multi-million dollar breach of commercial contract/lease actions against landowners and tenants
Represent national title company in litigation matters involving alleged title defects, tort claims and contractual disputes
Representation of several high-profile hospitality groups in connection with the development, sale, purchase, financing, refinancing, leasing and management, as applicable, of many prominent restaurants and taverns located in Western Pennsylvania and the surrounding area
Representation of many local, regional and national retailers in connection with their purchase and/or lease of real property, equipment and inventory, as well as in connection with the day-to-day operation and management of their business affairs