Cases
Representation Matters: Leasing: Represented Federal Realty Investment Trust in hundreds of leases
related transactions for retail shopping
mixed-use centers throughout the Eastern seaboard,
occasionally the Midwest
California.
Represented Western Development Corporation, predecessor to The Mills Corporation, a national developer of super-regional specialty malls, in connection with anchor
major tenant leasing to national
regional retailers, as well as the negotiation, documentation,
closing of sophisticated reciprocal easement
operation agreements
complex outparcel
pad site sales.
Represented Giant Foods, IKEA,
the former Hechinger Company in the leasing of more than 1.5 million SF of floor space pursuant to ground leases, space leases,
build-to-suit leases.
Represented a national development company in the ground leasing of 12 lots along the Anacostia waterfront in the District of Columbia for mixed use development. The ground lease provided for alley closings, transferable development rights, rent credits, lot line adjustment swaps,
a minimum rent based on a complicated FAR formula.
Represented Carolina Kitchen & Grill in negotiating several restaurant leases in the District of Columbia
Prince George's County.
Development
Joint Ventures: Represented Howard University in an exchange transaction with the District of Columbia, where the University received a large parcel of improved real property (
three smaller lots of partially improved property) for redevelopment in exchange for a surplus portion of University property that had to be subdivided for purposes of the exchange. The transaction included negotiation of a declaration of covenants governing the University's initial redevelopment of the large parcel it received.
Represented The TAC Companies, LLC
its subsidiary limited liability companies in their acquisition of equity membership interests in the master developer
phase 1 developer entities in State Center, a projected $1.5 billion public-private transit-oriented development for the mixed-use redevelopment of approximately 28 acres of underused State of Maryl
-owned property in west Baltimore City.
Represented Costco in the l
acquisition of several store locations. These transactions also involved preparing
negotiating comprehensive site development agreements
declarations of easements
operating covenants.
Represented a District of Columbia limited partnership in the acquisition, development, financing,
leasing of a mixed-use
retail project of approximately 200K SF
in the refinancing of the project with a $20 million conduit loan. Represented the partnership in the sale of the project for $42 million.
Represented the H Street Community Development Corporation, a nonprofit company, for more than 20 years in negotiating
forming various types of joint venture partnerships with experienced for-profit developers
Retirement
Pension Systems: Served as special real estate counsel to the Maryl
State Retirement
Pension System (MSRPS) for its Direct Equity Real Estate Investment Program for more than a dozen years. Represented MSRPS
its authorized agent, LaSalle Investment Management, Inc., in acquisition
ongoing operation
leasing of 14 real estate investment assets (eight retail shopping centers
six Class A office buildings), as well as the subsequent exit strategy
disposition of several such assets.
Represented MSRPS in several real estate investment funds. Provided advice to MSRPS, as an agency of state government, on requiring a separate parallel investment limited partnership for its investment in order to avoid the 'off-shore' entities in the ownership chain of the principal limited partnership of the fund
achieve other desired protections, such as elimination of
limitations on various fees
priority returns payable to the general partner
/or its affiliates, modifications to the distribution
'squeeze-down' provisions,
imposition of investment guidelines
parameters.
Local counsel to the California Public Employees Retirement system (CalPERS) in connection with its leasing activities at an industrial park located in Maryl
.
