What We’ve Done
Angel Law Offices has a broad range of experience in real estate law, succesfully negotiating sophisticated commercial real estate transactions involving office, retail, industrial/flex, and multi-family residential properties. Here are some representative transactions:
Purchase and Sale
The purchase and sale of office, retail, industrial/flex and multi-family properties ranging in price from $800,000 to $50,000,000, including:
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Purchase of a $29,500,000 shopping center in a transaction involving the assumption of a securitized loan. The property was acquired by multiple entities under a tenancy-in-common ownership structure created to accommodate Section 1031 tax deferred exchanges and the lender’s bankruptcy-remote entity requirements.
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Sale of a 15 story office building, subject to a third-party ground lease, for $58,000,000 for a Fortune 100 company.
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Sale of a lender-owned portfolio of 80 free standing retail buildings in individual transactions ranging from $800,000 to $1,800,000. Legal work included developing standardized documentation and compromise provisions to enable quick negotiations, conducting a pre-sale assessment of each property for title, environmental and physical defects and proactively correcting those items deemed an impediment to sale.
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Purchase and concurrent “flip” sale of a 17 acre, environmentally contaminated industrial property for $17,500,000, creating an immediate profit for client of $3,000,000.
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Sale of two multi-family residential apartment complexes in two separate transactions for a Fortune 100 company for $35,000,000.
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Purchase and subsequent sale of an 18 story office building for $18,000,000 for an investment client, resulting in a $1,500,000 profit in less than one year.
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Sale of adjacent office and warehouse buildings in two separate transactions for total consideration of over $6,000,000. Both properties were environmentally impacted. The transactions closed with environmental insurance policies.
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Purchase of a 35 acre parcel of land as well as the negotiation of contracts for the design and construction of a 320,000 square foot parts distribution center for an automobile manufacturer.
Leases
The leasing of office, retail, industrial and multi-family properties for both landlords and tenants with transactions ranging from 600 square feet to 300,000 square feet, including:
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Owner representation for all leases at a 200,000 square-foot office building and retail complex.
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Tenant representation on behalf of two national retail tenants for premises in premier shopping malls throughout the nation.
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Tenant build-to-suit lease for 285,000 square foot manufacturing and corporate office facility for a home furnishings manufacturer.
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Preparation of Medical Office Lease Form for owner of 750,000 square foot medical office portfolio.
Financing
Angel Law Offices represents owners of real property in negotiating loan commitments and loan documentation in connection with acquisition financing and refinancing. Angel Law Offices has experience with securitized loans and the assignment and assumption of securitized mortgages in connection with the purchase and sale of real estate.
Other Transactions
Information about transactional experience in other areas of real estate is available upon request. Please contact Angel Law Offices for additional information.