LEASING TRANSACTIONS

Represented a national investment advisor (as representative for a State pension plan), as landlord, in a 47,500 square foot office lease transaction in downtown San Francisco.  The lease transaction included the drafting and negotiation of the lease document, work letter, storage space lease and balcony lease and included right of first refusal rights, right of first offer rights and rights of first availability on various other floors in the Building.

Represented State pension plan, as landlord, in lease transactions in a commercial high-rise building in Glendale, CA.

Represented national fitness company, as tenant, in lease transactions in San Antonio, TX and Costa Mesa, CA.

DEVELOPMENT

Represented the managers of the historic Culver studios in Culver City, California to acquire 50 acres of property in Albuquerque, New Mexico to develop a 500,000 square foot independent motion picture and television studio.  The transaction included the formation of a joint venture, mezzanine and construction financing.

ACQUISITIONS AND DISPOSITIONS OF REAL PROPERTY

Represented Seller in sale of portfolio of five creative /office space buildings in Santa Monica for sale to institutional buyer in Texas.  Portfolio was in excess of $90,000,000.

Represented Seller in sale of five “creative” office buildings.  Each property had its own unique challenges (leasing issues, structure or systems issues, missing reconveyance deeds, etc.) to resolve before the entire portfolio of five properties was sole.

Represented Buyer in acquisition of US Postal Service Building in Santa Monica, CA.

Represented Buyer in the acquisition of a portfolio of industrial properties located in the States of Washington, California and Arizona with a total of over three million square feet of space.  The value of the portfolio was in excess of $150,000,000.  The representation provided included the negotiation of the purchase and sale agreement and the ancillary documents thereto, the real estate due diligence on the acquisitions and the closing of the transaction.

Represented Seller in disposition of thirty-six (36) office/warehouse buildings in Utah.  The representation provided included the negotiation of the sale agreement and ancillary documents thereto and closing of the transaction.

ACQUISITIONS AND DISPOSITIONS OF ENTITIES HOLDING REAL PROPERTY ASSETS

Represented California county employee retirement association in the acquisition of all partnership interests in a Florida general partnership which owned forty (40) acres of improved real property located in Clearwater, Florida.  Analyzed issues concerning ownership of property, drafted and negotiated all documentation, supervised all due diligence on the partnership, constituent entities and underlying real property and closed the transaction.

Represented a large California county employee retirement association and affiliates in the acquisition of membership interests of a Maryland limited liability company which owned improved real property in Maryland.  The representation provided included analysis of issues concerning ownership of property by a pension fund, the drafting and negotiation of documentation to acquire the membership interests in the limited liability company, due diligence on the limited liability company and constituent entities, due diligence on the underlying real property, and closing of the transaction.

FINANCING TRANSACTIONS

Represented major insurance company, as lender, in a $96,000,000 financing for the rehabilitation of a retail shopping center in Ventura County, California.

Represented a Texas real estate development company, as borrower, in a construction loan transaction with major California bank concerning the development of industrial/warehouse space in Orange County, California.

COMMUNICATIONS INFRASTRUCTURE AND CELL SITE LEASING

Represented PacTel Cellular in creating lease form and setting up lease negotiation guidelines.  Negotiated about 400 cell site leases (ground installation, rooftop installation and co-location) throughout Southern California.

Represented XM Satellite Radio, as tenant, in the negotiation of master lease/license agreements for communications activities with the following landlord:  The RREEF Funds, Lattice Communications, Midwest Tower Partners, CNS Microwave, Inc., Potomac Electric Power Company, Pacific Gas & Electric Company and TA Associates.

Represent landlords in lease transactions with various cellular carriers.