Commercial Acquisitions, Development and Leasing

Overview

Hull Barrett attorneys regularly advise buyers, sellers, and developers of commercial real estate and their lenders in connection with commercial acquisitions, real estate development and commercial leasing. We guide our clients through necessary and appropriate due diligence tasks including real estate title and environmental risk analysis, and regulatory, zoning, architectural, and structural review. We have extensive experience negotiating terms from both seller and buyer perspective, and we customize each agreement to the unique needs of the client, property and development purpose. From letters of intent, options, sales and purchase or construction contracts to deeds, notes, security deeds, and short or long term leases, we strive to protect our client’s interest while achieving their business goals, without adding undue costs or complications.

Representation and Achievements

  • Represent a national shopping center developer and operator, dealing with all phases of acquisition, construction, sales & leasing, and operation.
  • Work with gas station owner/operators with multiple sites, including closing acquisitions and sales of properties and ongoing operations, and negotiating leases for both landlords and tenants of such operations.
  • Serve as local counsel for closing of national orders for title insurance companies involving out-of-state owners purchasing or refinancing property in Georgia and South Carolina.
  • State counsel for national wood treating operator, coordinating due diligence and acquisition of competitor’s facility in Georgia, and advising on post-closing operations and regulatory matters.
  • Structured tax efficient reorganization of multi-state business with separate financing of client’s real estate holdings, and lease of real estate to commonly controlled operating entities.
  • Structured multiple sale-leaseback transactions.
  • Structured multiple tax-free property exchanges.
  • Representation of developer in acquisition, financing, and development of Verizon Wireless stores and Chic-fil-A restaurants spread over 6 southeastern states.
  • Representation of multiple lenders in separate apartment developments ranging in values from $8,000,000 to $26,000,000.
  • Representation of local lender in $13,000,000 hotel financing and construction transaction.
  • Representation of lender in $18,000,000 hospital expansion and subsequent refinancing.
  • Representation of multiple individual clients in conservation easements saving each an average of $2,000,000+ in personal income tax.
  • Representation of hospital client in the financing of 15 separate HUD funded grants for the acquisition and construction of assisted living apartment complexes.
  • Represented the developer of numerous large resort projects on the East Coast and in Puerto Rico.
  • Represented developers of multi-use projects including residential condominiums, retail stores, restaurants, and parking decks, dealing with issues regarding ownership of air space.
  • Represented seller in sale of 500+ billboard easements across multiple states.
  • Successfully defended local business owner in real estate covenant dispute with Fortune 500 grocery retailer.
  • Successfully represented developer and property owners in overturning rezoning denial of multi-million dollar commercial development project.
  • Served as borrower’s counsel in acquisition of 400,000 square-foot warehouse facility, financed through tax-exempt lease revenue bonds.
  • Represented developer in $50,000,000+ commercial development involving a private-public partnership with highly complex real estate issues, bond financing, government law issues, and loan issues.
  • Represented developer in a $60,000,000+ transaction involving acquisition and financing of multi-state commercial properties and containing complex multi-state tax issues.
  • Created a unique set of documents for multi-state secured revolving credit facilities under which over $200,000,000 of loans have been closed.
  • Represented lender in a contested case involving builder line of credit in the amount of $10,000,000.
  • Represented lenders in a foreclosure and collection case involving large commercial loans secured by a manufacturing site contaminated with nuclear material.
  • Represented lender in connection with a series of multi-state homebuilder finance lines of credit in the $10,000,000 to $30,000,000 range.
  • Represented purchaser in all aspects of $2,000,000 acquisition of insurance company.
  • Represented lender in contested $2,000,000 commercial real estate foreclosure of 5 convenience stores involving various bankruptcy and collections issues.
  • Served as court-appointed receiver of a golf course managing day-to-day operations during the pendency of a $5,000,000 foreclosure.