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COMMERCIAL ACQUISITION AND SALE

Thompson Coburn's real estate attorneys represent developers, investors, corporate users and institutional owners on all issues relating to the acquisition and disposition of commercial, industrial, retail, office and multifamily properties. Our practice is both national and international in scope, and we can represent clients in all stages of either acquiring or selling real estate properties.

Our real estate attorneys have represented clients in a wide variety of transactions, including the sale of shopping centers (with a local and national retail tenant mix) and environmentally challenged industrial sites. We have represented investors in various tax-deferred exchange transactions and other clients in the purchase and sale of apartment buildings. Additionally, we have developed niche practices in representing data center owners and representing clients acquiring continuum of care campuses, i.e., independent living, assisted living and skilled nursing facilities.

Sophisticated office/retail transactions

Represented a national telecommunications provider in the $55 million sale of an office building in downtown Oakland.

Represented a client in the $50 million sale of an office building in Orange, California. (2016)

Provided real estate counsel on a $43.5 million asset purchase deal for a major equipment manufacturer. (2015)

Represented a client in the $25 million sale of an office building in Chantilly, Va. (2016)

Represented a major California telecommunications company in a $30 million sale and partial leaseback transaction. (2015)

Represented a major financial services company in the $11 million acquisition of a major office building in St. Louis. (2015)

Negotiated the $12 million sale of a manufacturing client’s corporate headquarters, including leaseback of facility post-closing and the sale of certain equipment/personal property as part of transaction. (2015)

Represented a Chicago-area no-kill shelter in the acquisition of an adjacent property, a former garage, including appraisal and an environmental report.

Represented a bank in a $14.5 million acquisition loan made to two tenants in common who were co-borrowers on the transaction. The loan funded the purchase of two apartment complexes in Cape Girardeau, Missouri. In addition to the acquisition, a large portion of the loan proceeds were held back for capital improvements. (2015)

Transactions to support mission-critical business goals

Represented a major biotechnology company in the sale of a former glass blowing facility with various environmental concerns. As part of the successful sale, we negotiated an environmental indemnity agreement where the client agreed to perform post-closing remediation work and provide an indemnity for a certain period of time, after which the buyer would assume full responsibility for the property. (2015)

Represented the lender in a $6.5 million acquisition and construction loan to acquire and rehabilitate an existing supportive living facility in Northern Illinois. We closed in a tight timeframe and were able to work with the property owner, seller and property operator on mutually agreeable documentation on all facets of this transaction, including the subordination of seller financing. (2016)

Complex projects

In a complex three-year matter that involved obtaining a TIF from the City of Chicago, we represented a client in the acquisition of $45 million in loans collateralized by eight retail property sites across the Chicago area and northern Indiana. The transaction included due diligence of all eight properties — including review of title, TIF documentation, developer agreements, and zoning — deed-in-lieu agreements, deed-in-lieu-of-foreclosure, and the sale of three properties. (2015)

Represented a trust company in the sale of a remaining parcel owned by the trust company as the trustee for certain bondholders. The transaction involved title clearance, exempt tax status issues regarding real estate taxes based on a lease to church, numerous city inspection issues, and escrow and buyer agreements pertaining to new water meters and lines. (2016)

Represented two tenant-in-common owners in a 1031 exchange transaction involving the sale of relinquished properties in Hawaii and replacement property with tenant-in-common interest. The transaction involved the coordination of the 1031 exchange, substantial due diligence on various potential replacement properties, lease analysis of various triple-net leases, and preparation of TIC agreement per IRS guidelines. (2016)

News

Justin Newman named to Law Bulletin’s distinguished ‘40 Under 40’ list

Margie Krumholz elected to ELFA board

Real Estate Group retains high ranking in 2015 ‘Best of the Best’ survey

25 Thompson Coburn attorneys recognized in 2015 Chambers USA

Lafayette Preparatory Academy moves to Lafayette Square in St. Louis

Justin Newman joins Thompson Coburn's real estate practice in Chicago

Real estate attorney Bill Kuehling joins Thompson Coburn

Congratulations to our 15 St. Louis ‘Lawyers of the Year’

112 Thompson Coburn attorneys featured in 2015 Best Lawyers list

Real Estate Group retains a top ranking in 2014 Best of the Best Survey

St. Louis Business Journal covers Thompson Coburn’s work on unique Superfund settlement

27 Thompson Coburn attorneys recognized in 2014 Chambers USA

Gary Plotnick joins local ADL board of directors

Thompson Coburn closes acquisition of Lion’s Choice restaurants

EPA, Boys & Girls Club announce $30 million cleanup of Superfund site

Downtown Chicago office tower sails through city zoning process under TC counsel

Boys & Girls Clubs of Greater St. Louis honors Thompson Coburn for pro bono work on Superfund cleanup site

Real Estate group supports $51 million apartment complex purchase

Partner
St. Louis
314 552 6225

Douglas ("Dugie") is a real estate and corporate practitioner and strategist who assists clients with a wide range of transactions.

Douglas ("Dugie") is a real estate and corporate practitioner and strategis...

Douglas Baron
Counsel
Chicago
312 580 2317

Bethany practices in the areas of commercial real estate and business and corporate law.

Bethany practices in the areas of commercial real estate and business and c...

Bethany Bruno
Partner
St. Louis
314 552 6376

Matt is a highly dedicated legal advisor who provides guidance to clients on complex data center and real estate transactions.

Matt is a highly dedicated legal advisor who provides guidance to clients o...

Matt Buesching
Partner
St. Louis
314 552 6131

Hap represents developers, lenders and businesses in real estate matters and transactions across the country.

Hap represents developers, lenders and businesses in real estate matters an...

Hap Burke
Associate
St. Louis
314 552 6090

Laura practices in the firm's real estate and construction areas.

Laura practices in the firm's real estate and construction areas.

Laura Corcoran
Partner
Chicago
312 580 2234

With over 30 years of experience, Walter serves a diverse group of clients in the acquisition, development and sale of commercial, industrial and residential properties f...

With over 30 years of experience, Walter serves a diverse group of clients ...

Walter Cupkovic
Partner
St. Louis
314 552 6330

Jim is an experienced real estate strategist and negotiator who counsels companies on a broad range of real estate matters, including acquisitions, dispositions, develo...

Jim is an experienced real estate strategist and negotiator who counsels ...

Jim Dillon
Partner
St. Louis
314 552 6031

Dan serves as a practical, imminently accessible legal advisor to developers, institutional owners and corporate users of commercial and industrial real estate throughout...

Dan serves as a practical, imminently accessible legal advisor to developer...

Dan Engle
Counsel
St. Louis
314 552 6394

Developers, nonprofit corporations, and public entities seek Bill's varied and extensive background in real estate transactions and infrastructure finance.

Developers, nonprofit corporations, and public entities seek Bill's varied ...

Bill Kuehling
Partner
St. Louis
314 552 6074

Paul has represented real estate developers, financial institutions, national tenants and construction companies in a variety of complex real estate transactions througho...

Paul has represented real estate developers, financial institutions, nation...

Paul Macon
Associate
Chicago
312 580 5036

Jeff serves a diverse segment of real estate clients by offering a 360-degree approach to achieving their objectives.

Jeff serves a diverse segment of real estate clients by offering a 360-degr...

Jeffrey Merar
Associate
St. Louis
314 552 6211

Bill represents a range of clients in the areas of real estate, construction, development, and public finance.

Bill represents a range of clients in the areas of real estate, constructio...

Bill Metzinger
Partner
Chicago
312 580 2327

Experienced with both real estate transactions and litigation, Justin uses a hybrid approach in representing purchasers, sellers, landlords, tenants, owners, operators, l...

Experienced with both real estate transactions and litigation, Justin uses ...

Justin Newman
Associate
Chicago
312 580 5071

Daniel represents a diverse client base in a broad range of real estate matters, including the development, financing, leasing, acquisition and sale of commercial real es...

Daniel represents a diverse client base in a broad range of real estate mat...

Daniel North
Partner
Chicago
312 580 2315

Jack Parrino represents clients engaging in real estate and construction matters by stepping into the deal from his client's perspective to offer trusted, practical advic...

Jack Parrino represents clients engaging in real estate and construction ma...

Jack Parrino
Partner
Chicago
312 580 2236

Gary uses his extensive real estate background to help developers and investors piece together their real estate projects from start to finish.

Gary uses his extensive real estate background to help developers and inves...

Gary Plotnick
Partner
St. Louis
314 552 6053

Jennifer is an experienced real estate attorney who provides guidance on a variety of complicated real estate transactions, including purchase and sales, leasing, financi...

Jennifer is an experienced real estate attorney who provides guidance on a ...

Jennifer Price
Partner
St. Louis
314 552 6516

Jarrod is the chair of Thompson Coburn's Tax Credits practice and has over 15 years of experience representing lenders, community development entities and investors in co...

Jarrod is the chair of Thompson Coburn's Tax Credits practice and has over ...

Jarrod Sharp
Partner
Los Angeles
310 282 9448

Barry serves as a corporate strategist and outside general counsel to small- to mid-sized companies, as well as their principals, in a variety of industries.

Barry serves as a corporate strategist and outside general counsel to small...

Barry Weisz
Associate
St. Louis
314 552 6561

Thomas is an associate in Saint Louis.

Thomas is an associate in Saint Louis.

Thomas White III
Partner
Washington, D.C.
202 585 6978

Jason is a trusted advisor to developers, bankers, and investors in all types of commercial real estate transactions.

Jason is a trusted advisor to developers, bankers, and investors in all typ...

Jason Zeigler