Commercial Real Estate
We represent diverse commercial enterprises, ranging from large corporations to closely held businesses. We assist our clients in business planning and counseling for the formation and management of the affairs of corporations, partnerships and joint ventures and have handled numerous mergers and acquisitions. We regularly draft Shareholder Operating and Partnership Agreements.
Krasker Law attorneys possess and extensive breadth and depth of experience in every aspect of commercial real estate law from purchase agreement negotiation, to financing, to acquiring, and developing retail projects, supporting shopping center management, and representing both end-users and developers in connection with leasing. Our business-oriented approach identifies all relevant legal issues and weaves the client’s business considerations into their resolution.
Krasker Law provides a full range of legal services to many individuals, national and regional retailers, restaurants, and developers including the following areas:
Shopping Center and Office Building Acquisition and Development
Krasker Law Group’s acquisition and development practice covers all phases of the development process, including structuring, negotiating, and documenting development agreements, acquisitions and assemblages, declarations, covenants, operation and easement agreements and reciprocal easement agreements, joint ventures and leasing and sales. Our group has participated in the negotiation and closing of hundreds of millions of dollars of shopping center and office building development transactions and is knowledgeable about the legal as well as business issues that impact the industry, providing value added counsel in connection with the purchase, sale and development of shopping centers and office buildings.
In dealing with development matters, we often work with other real estate development professionals such as brokers, architects, planners, appraisers, engineers, lenders and surveyors, to assist our clients in all areas of project implementation. We assist clients in developing and implementing complex ownership structures including creating joint ventures and preparing related development, management, and leasing agreements. Our team understands the importance of planning for an effective exit as well as the importance of the balance of equity rights and management duties. We also have the capacity to perform and manage lease, title and due diligence review.
Lending and Financial Services
Financing is an integral part of any commercial real estate transaction. Krasker Law Group offers a full range of financing services and regularly guides our clients in structuring loans and developing the appropriate documentation. Our finance team is able to structure and negotiate customized loan documentation for all manners of commercial real estate financing transactions, including real property secured loans, subordinated and mezzanine debt, personal property secured loans, construction loans, permanent project financing, and loan modifications. Our attorneys also provide assistance in reviewing commercial real property secured loan documentation for enforceability under Florida law and in rendering legal opinions with respect to the enforceability of such loan documentation. Our attorneys have significant experience in representing and advising developers and investors with solutions for resolving troubled loans and crafting strategies for creative loan workouts. Because of the quantity of complex commercial loans in which we have been involved, we are capable of using our past experiences to address any situation that may develop.
Landlord and Tenant Representation
Both landlords and tenants may face challenging legal issues in leasing transactions and in lease disputes. Krasker Law Group’s tenant leasing team has extensive and unique experience in the negotiation and documentation of all types of leases, including build-to-suit leases, pad leases, anchor tenant leases, and in-line shop leases. We understand the interplay of competing occupancy issues including building design and operation, protecting tenants in the event of delays, common area maintenance expenses, considerations for expanding tenant space, and lease term options. Our attorneys work with clients on both stand-alone transactions and in connection with national large scale leasing programs. In doing so, we have completed numerous projects with many national “big box” tenants. We also represent clients in drafting form leases, renewing existing leases, and interpreting lease provisions that are in dispute. With a clear understanding of our clients’ business objectives, the real estate industry, and the marketplace, our group has the ability to successfully complete retail leasing transactions in a conscientious, expeditious, and cost effective manner.
Outparcel Ground Leasing, Acquisition & Disposition
Krasker Law Group represents regional developers in acquiring, leasing out and selling outparcel pads. We also represent major national and local retail end users in entering ground leases or transactions to acquire pads.
We counsel our clients on all phases of a transaction, including structuring and negotiating the deal, forming the appropriate entity, performing or coordinating due diligence review, generating documentation, and overseeing the closing. We know that some of the most crucial issues for outparcel pads exist outside of the ground lease or purchase agreement. For that reason, we work closely with our clients to structure and negotiate the declaration of covenants, conditions and restrictions, reciprocal easement agreements, operating agreements, construction contracts, development agreements, consultants’ contracts, and hazardous material review that are essential for a fully integrated project.
Based on our experience representing developers and retailers in thousands of diverse transactions over the years, and the ongoing relationships we maintain with owners, investors, brokers, lenders, tenants and purchasers, we understand the issues that impact each parties’ objectives. As a direct result of our depth of experience and knowledge of the process, we can identify potential problems early and work with our clients to be proactive.
photo credit: estatesgazette via photopin cc
photo credit: John Picken via photopin cc