Retail

We represent developers, owners, tenants and lenders of retail projects.  Our mission is to provide cost-effective, sophisticated and practical counsel to our clients so that a client’s project can transition from an idea to a reality.  Whether a client’s project is a small strip center, an anchored shopping center, a self-storage facility or the client is a potential tenant in a commercial space, our Team can help get the deal done.  Aspects of our Retail practice include the following:

• Negotiation of purchase and sale agreements for the acquisition of a property.
• Negotiation of ground leases.
• Review of due diligence to determine the feasibility of a project, such as the review of title and survey, environmental reports, zoning and entitlements and other property documents.
• Negotiation of development documents with third parties (both public and private), such as site development agreements, declarations, restrictive covenants, easement agreements, utility service agreements, and incentive agreements with governing authorities.
• Negotiation of debt and equity financing arrangements for a project, including the negotiation of loan documents, limited partnership agreements, limited liability company agreements, joint venture agreements, contribution agreements and profit participation agreements.
• Negotiation of construction contracts with contractors, development management agreements with developers, and property management agreements with managers.
• Negotiation of lease agreements with tenants on behalf of both landlords and tenants.
• Negotiation of listing, leasing and commission agreements with brokers.
• Negotiation of property management agreements.
• Negotiation of agreements related to the disposition of a project following stabilization.

A few examples of retail projects that we have worked on include:

• Re-development of former mall into a new 466,000 square foot shopping center in Pharr, Texas with multiple anchors.
• Development and sale of a 253,000 square foot anchored shopping center in Austin, Texas.
• Development of a 169,352 square foot anchored shopping center in New Braunfels, Texas.
• Development of assembled properties into a 122,000 square foot shopping center in Winston-Salem, North Carolina.
• Development of a 8,400 square foot retail strip center in San Antonio, Texas.
• Development and sale of Class A self-storage facilities in the Central Texas market area to a national REIT.
• Acquisition and development of regional malls in Texas on behalf of a national mall developer.