Michael Eric Lyon

Practice Details

• Firm Information
  Position

  Partner

  Firm Name

  Procopio, Cory, Hargreaves & Savitch LLP
• Representative Cases & Transactions
  Cases

  Representative Matters: Assists major financial institution in documenting
  closing equity investments
  mezzanine loans to residential developers in excess of $125M to date, for development of over 6900 homes with total development values in excess of $1B. Represented redevelopment agency in connection with development of approximately 300,000 SF retail center involving preparation
  negotiation of retail anchor leases including ground leases for big box anchor tenant
  fast food/restaurant tenants, build-to-suit leases for major retail tenants
  over 30,000 SF of in-line tenant space, as well as all project operating documents. Served as California real estate counsel for national child care provider with responsibility for negotiating purchase
  lease documents (ground, build-to-suit
  space leases), due diligence, title
  survey review, drafting escrow instructions
  coordinating closings for over 25 properties located through out California. Restructured in excess of 35 leases for a regional restaurant operator including lease amendments for operational, rent
  other relief, termination agreements, assignments
  subletting
  other exit strategies. Represented private developer in joint development project with local utility company in which client is developing
  will operate a business park with in excess of 2 million SF of office, R&D
  industrial uses (including multi-tenant, corporate, distribution facilities
  ancillary commercial services). Anchor tenants are slated to include a 550 megawatt power plant
  an extensive state of the art medical campus. Key legal milestones included structuring
  negotiating joint development
  related development management agreements, navigating all l
  purchases in assembling of over 186 acres of unimproved l
  , assisting with all acquisition, development,
  construction financing, formation of development partnerships, sale
  lease of improved
  unimproved parcels following completion of infrastructure
  other project improvements, preparing easement agreements
  other project level operating documents, managing all title matters
  h
  ling a variety of prime construction contracts valued in excess of $25M both in connection with the business park infrastructure as well as vertical building construction.