AXA IM Alts and its Affiliates in one of the Largest Industrial Portfolio Acquisitions of 2020
Representation of AXA IM Alts and its affiliates in one of the largest industrial portfolio acquisitions of 2020. The portfolio consists of 27 assets in Chicago, Houston, Los Angeles, Central New Jersey, Dallas, South Florida, Southern New Jersey and Atlanta. In a significant step in its strategy to grow a U.S. wide logistics platform, AXA IM Alts, on behalf of clients and through a joint venture with Cabot Properties, Inc., acquired the 7,984,000 s/f portfolio for approximately $875 million, through a share purchase of a REIT previously managed by Cabot Properties. Representation included all matters related to property diligence, structuring, joint venture, purchase, financing, tax and environmental considerations of the property, including tax and structuring issues relating to cross-border investments.
Glimcher Refinancing of The Outlook Collection, Jersey Gardens
Representation of Glimcher on the refinancing of The Outlet Collection, Jersey Gardens in Elizabeth, New Jersey.
PREIT $465M Acquisition of Springfield Town Center
Representation of PREIT in connection with on its $465M acquisition of the newly re-developed Springfield Town Center in Springfield, VA.
International Retail Client Acquisition and Leasing Matters
Representation of an international retailer in connection with the acquisition and ground lease of property in the United States, including multiple leases in New York City for stores in excess of 100,000 square feet in to-be-built vertical development projects, the sale of an existing facility in Florida, a ground sublease for a new facility in a new mixed-use project being developed on 200 acres in Florida, and the acquisition of 85 acres of land for the development of a 300,000 square-foot distribution facility in Maryland.
Leasing of Restaurants, Boutiques, Specialty Services, and Brand Name Consumer Goods
Representation of client with numerous leases with national and international retailers including restaurants, boutiques, specialty services and a range of brand name consumer goods.
Mixed-Use Leasing for North America’s Largest Publicly Traded Owner and Operator of Open-Air Shopping Centers
Representation of North America’s largest publicly traded owner and operator of open-air shopping centers in connection with leasing of the 1 million square-foot retail component of a mixed-use project being developed on 100 acres in Florida.
Real Estate Investment Trust Dispositions and Property Acquisitions
Representation of a real estate investment trust in connection with the disposition of 3 malls located in Alabama and Virginia. Also represented the client in connection with the acquisition of a number of properties within their portfolio, including a 1.3 million square-foot mall in Springfield, Virginia which was being redeveloped into a destination shopping venue. Representation of this client also includes retail leasing with brand names and anchor tenants.
GP Fund for Retail Acquisition, Development and Operation Throughout U.S.
Representation of an Atlanta based retail developer in connection with the formation of GP Fund for the acquisition, development and operation of retail or retail-related properties throughout the United States.
Nationwide Retail Rollouts
Representation of a wide range of retailers in connection with their retail rollouts across the country and internationally into malls, outlets, shopping centers and more.
Expansion of Major Fitness and Health Club Chain
Representation of a major fitness and health club chain in connection with their expansion into the New York City market.
Hamleys, Ardene, LXR & Co., EXKi U.S. Expansion
Representation of a wide range of foreign retailers in connection with their expansion into North America. A sampling of these clients includes Hamleys, Ardene, LXR & Co., and EXKi.
National Auto Chain Leasing and Development
Representation of a national auto chain in connection with the acquisition and ground lease of properties for development.
Major Property Owner/Developer Warehouse Leasing and Development
Representation of a major property owner/developer in connection with the retail leasing of a warehouse which is being redeveloped in Newark, NJ.
New Jersey-Based Shopping Center Leasing in New Jersey, New York and Virginia
Representation of a New Jersey-based shopping center owner in connection with the leasing of its shopping centers in New Jersey, New York and Virginia.
Big-Box Retailer Lease Transactions Across U.S.
Representation of a big box retailer in lease transactions across the country. This work often involves the acquisition and ground leasing of real estate, as well as the negotiation of reciprocal easement agreements with adjacent property owners.
Regional Property Owner/ Manager Long Island Leasing and Development
Representation of a regional property owner/manager in connection with the development of property on Long Island and the leasing of its shopping centers.
Real Estate Development Projects Across Northeast
Representation of a real estate development and acquisition company in connection with the acquisition, leasing and sale of real estate development projects in the Northeast.
Mall Acquisitions in Southeast
Representation of a real estate developer in connection with the acquisition of 16 malls located in the Southeast.
Retail Bankruptcy Matters
Representation of a private real estate investment company in connection with the bankruptcy of a large retailer.