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Paul A. Martin

Paul A. Martin Partner, Real Estate

Paul’s practice focuses on real estate, private equity, and general business transactions. His experience includes representation of a wide variety of clients engaged in many types of real estate, financing, and other business transactions, as well as institutional lenders, investors, and public companies in the acquisition and disposition of commercial property of all product types. Paul also has experience in commercial leasing, including sale-leasebacks and build-to-suit leases, lease disputes, and general corporate representation. He currently represents several large nationwide real estate private equity funds in various acquisitions, financing, development, workout, and sale transactions. Paul also represents institutional landlords and tenants across the country.

Paul has drafted and maintains lease forms (for office, retail, and industrial products) used by, among others, Goldman Sachs, CBRE Group, Inc., CBRE Global Investors, CommonWealth Partners, J.P. Morgan Asset Management, Stream Realty Partners, Alex. Brown Realty, Inc., Odyssey Real Estate Capital, Piedmont Office Realty Trust, Wells Real Estate REIT, iStar Financial, Spear Street Capital, Cassidy Turley, Wood’s Capital Management, and Crow Holdings; the forms are currently used in 38 different states. He is a regular speaker on leasing issues, including drafting, negotiation, and disputes with respect to landlord/tenant relationships.

Paul is the head of the Real Estate practice group.

Experience Highlights

  • Represent institutional investor in the leaseback of three major corporate office hubs in three metropolitan areas with an aggregate value of $2.5 billion
  • Acquisition of 1 AT&T Plaza, a 37-floor office building located in downtown Dallas, Texas
  • Commonwealth Partners LLC, a private equity fund, in the $305 million acquisition of the office building known as 1888 Century Park East, a 20-story, 500,000-square-foot office tower located in the Century City submarket of Los Angeles, California
  • 7-Eleven in the relocation of its corporate headquarters from One Arts Plaza in the Dallas Arts District to the new Cypress Waters Development in Irving, Texas, which involved drafting and negotiating a 325,000-square-foot single tenant build-to-suit lease, negotiating of documents relating to economic incentives from the City of Irving, and drafting and negotiating of other lease-related documents relating to both the One Arts Plaza lease and the Cypress Waters lease
  • Spear Street Capital, LLC in its $135 million acquisition of a four-building office complex totaling approximately 800,000 square feet in Richardson, Texas, commonly known as Galatyn Park
  • Commonwealth Partners LLC, a private equity fund, in acquisition of entities, including a REIT, ultimately owning the three-building office park known as Sunnyvale Office Park in Sunnyvale, California
  • An international accounting firm in the acquisition of real property for and development of a $300 million state-of-the-art learning and leadership development center

Representative Experience

  • A landlord in a $116 million three-way transaction where the original tenant assigned three whole-building leases to Google, as new tenant, then subleased one of the buildings back
  • A real estate investment group in its acquisition of the office building known as Marathon Oil Tower, a 41-story, 1.2 million-square-foot office tower located in the Galleria submarket of suburban Houston, Texas
  • A developer in connection with lot development projects, including acquisitions, financings, and dispositions
  • A private equity fund in redevelopment and lease-up of a 1,350,000-square-foot office tower in downtown Dallas, Texas
  • A nationwide developer and owner of park and fly facilities in several states
  • A private equity firm in the $44.75 million purchase of an office complex in Dallas, Texas
  • AT Industrial Owner Acquisition LLC in numerous leases of industrial space totaling over 10 million square feet

Contact Details


T +
F +1.214.999.7875
Trammell Crow Center
2001 Ross Avenue
Suite 3900
Dallas, TX 75201
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Paul's Practices

  • The University of Texas School of Law, J.D. with honors, 1991
  • Stanford University, B.A. with highest honors, 1988
  • Admitted to practice: Texas
  • Chambers USA, Real Estate Law (Texas), 2006−2019
  • Legal 500 U.S., Real Estate, 2016−2019
  • The Best Lawyers in America© (Woodward/White, Inc.), Real Estate Law, 2005−2018; 2020
  • D Magazine, “The Best Lawyers in Dallas,” Commercial Real Estate Law, 2007, 2013
  • Selected to the Texas Super Lawyers list, Super Lawyers (Thomson Reuters), 2006−2019
  • Who’s Who Legal: Texas (Law Business Research Ltd.), Real Estate Law, 2007−2008
  • Named to the Texas Rising Stars list, Super Lawyers (Thomson Reuters), 2004−2005
  • D Magazine, “Best Lawyers Under 40,” Real Estate and Finance Law, 2002
  • Archon Group Accolade Award, Outstanding Legal Representation, 2003 
  • Member: American Bar Association; Real Property, Probate, and Trust Section, Texas Bar Association and Dallas Bar Association
  • Actively involved in providing pro bono legal services to various recipients