Commercial Real Estate
Morgan Miller Blair represents development companies, institutional investors, joint venture partners and individuals with significant real estate interests in a broad range of commercial real estate transactions. Properties involved include office buildings, R&D and laboratory facilities, industrial projects, shopping centers, mixed use projects and casino/hotel/resort properties. We provide a complete range of services for our commercial real estate clients, including participation in deal structuring and tax advice, drafting of listing agreements, LOIs and purchase agreements, performing land use due diligence and obtaining project entitlements, title review and resolution of title issues, construction documentation and risk management, acquisition, development and construction financing, formation of SPE entities for institutional conduit financing transactions, office, retail and industrial leasing and asset/property management. We also assist in disposition of commercial properties, from traditional sales to sale/leasebacks to tax-deferred exchanges.
Representative projects include:
- Formation of tenancies-in-common (TICs) for joint investments and tax-deferred exchanges into several California shopping centers, with aggregate values in excess of $250,000,000;
- Design and construction of a new casino, hotel, resort and spa in Cabazon, California;
- Build to suit development (land acquisition, entitlement, leasing and financing) of a new 400,000 square-foot corporate headquarters in Dublin, and a new 1,000,000 square foot warehouse and distribution facility in Fairfield;
- Acquisition, multiple entity TIC formation and securitized loan financing of financial district office buildings in San Francisco;
- Procurement of land use entitlements for 8.3 million square-foot business park, including formation and implementation of $125 million community facilities district infrastructure financing;
- Formation of multi-entity joint-venture, acquisition, defeasance and securitized loan financing of a shopping center in San Mateo, California in a $90,000,000 transaction;
- Acquisition of a 26-acre site from the San Jose Redevelopment Agency for development as a shopping center pursuant to a Disposition and Development Agreement, negotiation of design and construction contracts, procurement of construction and permanent financing, and subsequent sale and leasing of pads to national retailers;
- Acquisition of portfolio of office properties in Woodland, CA for a national life insurance company; and
- Acquisition, leasing and financing of 100,000 square foot call center in Addison, Texas.