Commercial Real Estate Transactions
The firm represents buyers, sellers, lenders, investors, landlords, tenants, joint venture partners and real estate brokers in connection with the purchase, sale, leasing, ownership and management of a wide array of commercial properties.
Purchase and Sale: We are fortunate to have as regular clients of the firm a number of developers from Connecticut, Massachusetts, Florida and New York who develop, own, buy and sell commercial properties across the country on a regular basis ranging from multi-million dollar office towers and shopping centers to industrial complexes and residential communities. As the recipient of many referrals from the commercial real estate brokerage community, we are regularly involved in virtually every type of conveyancing transaction that occurs within our markets. Our representation of owned real estate, facilities and real estate lending groups of some of Connecticut’s large banks provide us with a regular stream of commercial property sales and financings. Our services associated with the purchase and sales process go far beyond the conveyancing process, and extend into the associated disciplines of due diligence, broker relations, environmental, land use, leasing and financing.
Retail, Office, and Industrial Leasing: Our attorneys have negotiated hundreds of commercial leases on behalf of landlords, tenants and lenders in transactions ranging from multi-million dollar single tenant warehouse/distribution facilities to regional and neighborhood shopping centers, industrial sites, communications facilities, hotels and office buildings. We have a great deal of experience representing and opposing many of the major retail chains, and through our developer and institutional clients, we are responsible for lease preparation and negotiation at various office towers, hotels, roof top communications facilities, as well as industrial and business parks. Our representation of lenders gives us the added advantage of appreciating key provisions which lenders from Main Street to Wall Street expect to see. Our extensive leasing practice has allowed us to develop leasing forms, alternative clauses, and related forms and streamlined documenting systems which enable us to keep lease preparation and negotiation costs competitive while allowing for quick document turnaround.
Commercial Acquisition and Related Due Diligence: We offer an array of site due diligence services and through our contacts with the real estate community, usually coordinate the services of related professionals such as surveyors, environmental engineers, corporate services, private investigators, UCC searchers and title examiners. We regularly travel to local towns and communities to interview town officials, review local land use records and prepare site due diligence materials for our clients including review and commentary on our collected information as well as that of the associated real estate professionals. Our familiarity with many of the issues associated with Connecticut’s real estate transfer taxes, “establishment” transfer act, lead paint and underground storage tank laws, to name a few, permit us to assist our clients in working through the maze of important planning opportunities.