- Commercial Real Estate
Commercial Real Estate
With a national platform and global network, Vinson & Elkins’ Commercial Real Estate practice provides sophisticated, comprehensive counsel to meet our clients’ many commercial real estate needs. We apply our depth and breadth of experience in advising owners, developers, investors, lenders, real estate operating and services firms, landlords, and tenants on all legal aspects in the space. Our group negotiates complex real estate deals, effectively documents transactions, and expeditiously resolves permitting, land use, zoning, and other issues.
Chambers USA: Real Estate (Texas), Real Estate: Mainly Dirt (New York), 2021
Structuring, Optimizing, & Leveraging Commercial Properties
V&E lawyers have decades of experience representing investment funds, institutional investors, and individual investors. We help our clients form joint ventures, and acquire, finance, develop, manage, lease, restructure, and sell all types of commercial properties, including retail, office, hotels, industrial, multifamily, mixed-use, brownfields properties, and vacant land. Our lawyers are particularly adept at resolving multi-jurisdictional complexities related to building and managing diverse portfolios of real estate. We also advise regarding ways to structure, optimize, and leverage real estate holdings, national development programs, and cross-border investments.
V&E is highly regarded for managing complicated financial structures, equity investments, and securitizations, as well as conventional, mezzanine, and other structured finance arrangements. We also handle distressed situations by guiding our clients through the intricacies of refinancings, restructurings, and bankruptcy.
Drawing on the resources of our full-service firm, we offer proactive counsel, identifying and evaluating risks, and devising strategies to limit our clients’ exposure. Our services extend to litigating claims, representing clients before regulatory agencies, and resolving disputes related to employment, landlord-tenant, and franchise issues. We also address environmental concerns, conduct due diligence, assure regulatory compliance, and advise on tax-efficient structuring and tax credit qualification.
CBRE Global Investors in its acquisition of Galleria Towers, an iconic 1.4 million square foot, three-building Class A office complex in Dallas, Texas
General Electric Credit Equities, Inc., the seller, in the $53.25 million simultaneous disposition of two commercial office buildings totaling approximately 442,000 square feet
Related Fund Management, LLC in the cash sale of a multifamily residential apartment property located in Longview, Texas, for $7.34 million
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
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
A publicly traded investment fund in the sale by a portfolio company of substantially all commercial real estate assets, including more than 1,900 acres of development land, a 440,000-square-foot industrial building, a 2,500-space parking garage, an office/retail building and office condominium, two 18-hole golf courses, and water rights
A joint venture as the buyer in a Section 363 asset sale of approximately 1,600 acres of development land in Collin County, Texas
Private equity firms in the $2.5 billion acquisition and financing of a company that owns 11 power plants in Texas
A private equity firm in the $91 million sale of an office complex in Austin, Texas