REAL ESTATE QUICK FACTS

More than 65 attorneys and paralegals focused on real estate transactions

Counsel to one-third of publicly held REITs in America

American College of Real Estate Lawyers:

    Seven members

    Two past presidents

American Bar Association:

    Current member of the ABA House of Delegates

    Current Chair of the ABA Task Force on Gatekeeper Regulation and the Profession

    Former Chair of the ABA Section of Real Property, Trust and Estate Law
 

PROJECT TYPES

Biotech laboratories

Condominiums/cooperatives

Hotels/resorts

Industrial properties

Mixed-use urban land development

Multi-family housing

Office buildings

Residential communities

Retail properties

Shopping centers

Telecommunications facilities

 

PRACTICE FOCUS

Development

    Acquisition and disposition

    Condominiums/cooperatives

    Construction contracts

    Environmental concerns

    Hotel management agreements

    Joint ventures

    Like-kind exchanges

    Public-private partnerships

    Stock purchase agreements

    Zoning and land use

Leasing

    Biotechnology

    Build-to-suit transactions

    Government

    Ground leases

    Office

    Retail and restaurant

    Warehouse/industrial

Financing

    Defeasance

    Hedges/swaps

    Mezzanine financing

    Mortgage lending/borrowing

    Sale/leaseback

    Securitized lending

    Strategies for dealing with distressed real estate

    Tax-exempt bonds

    Tax increment financing

    Advanced tax planning including 1031 like-kind exchanges

    PILOT agreements

    Recordation and transfer tax planning

    Tax exemptions

 

Leasing and Property Management



Venable’s Leasing and Property Management Group represents a broad cross-section of clients, ranging from developers, investors, asset managers, corporations, utility and telecommunications companies, professional services firms, retailers and local governmental, national and international organizations. Many of our clients have multiple locations both domestically and abroad.

Our attorneys regularly advise landlords, tenants and property managers on their leasing and ongoing operations challenges and have been involved in virtually every type of leasing transaction, including  the following:

  • Ground leases
  • Office buildings
  • Hotel and resorts
  • Shopping center and retail spaces
  • Restaurants and entertainment venues
  • Industrial and warehouse properties
  • Data centers
  • Technology campuses
  • Telecommunications facilities

Our real estate attorneys have wide-ranging experience representing companies in private sector and government leasing transactions. Venable’s depth in leasing allows us to staff transactions and projects in virtually any geographic area with the right team of professionals, calling upon a worldwide network of firms with which we have worked to provide local knowledge when needed. Our Real Estate Group is frequently called upon to structure, negotiate and document transactions that range from special purpose long-term ground leases, to corporate facilities and technology campuses, to shopping center and pad retail and other commercial properties. We have substantial experience in negotiating and documenting commercial leases from the perspectives of the landlord and of the tenant, including multi-property, ground, net, natural resource and build-to-suit leases, as well as co-location, subletting and tenant improvement agreements. The firm is also called upon to advise on the full range of property management and brokerage agreements.

Venable also has a longstanding Government Leasing Practice. Leasing to the General Services Administration (GSA) involves unique structural, business and legal issues and requires a special understanding of federal procurement and other legal requirements. Our real estate attorneys have represented property owners and developers in responding to GSA and Federal agency solicitations for Federal build-to-suit procurements and have extensive market knowledge and experience in dealing with issues relating to GSA tenancies.

Although Venable’s steadfast commitment is to provide proactive legal counsel designed to mitigate disputes, the firm also advises on lease disputes, workouts, buyouts and defaults. When necessary, our attorneys draw upon the firm’s extensive Real Estate Litigation, Government Contracts and Bankruptcy Groups if and when a dispute cannot be resolved through careful and considerate negotiation.

Leasing and property management agreements are often complicated. In the event a dispute cannot be resolved through negotiation and litigation ensues, Venable attorneys stand ready to vigorously defend our client’s position. Our litigators have resolved claims ranging from unreasonable restrictions, to breach of the lease, to failure to pay rent, to unreasonable refusal to allow subleases. The firm has also been involved in claims pertaining to the failure to maintain the property, actual property damage, violation of rights by neighboring property owners/tenants, and unfair and deceptive trade practices, among others.

REPRESENTATIVE EXPERIENCE

  • Represented the International Bank for Reconstruction and Development (World Bank) in connection with World Bank’s leasing and construction needs. Our work recently included developing and negotiating World Bank’s lease of an entire office building in Washington, DC’s central business district to the United States of America, acting through the General Services Administration (GSA) for use by the State Department. This matter involved a complex long-term lease for more than 463,000 square feet of space between a sovereign state and an international organization during a challenging political environment for federal government leasing.
  • Represented LCOR in a joint venture with USAA in a build-to-suit lease for the Nuclear Regulatory Commission adjacent to the White Flint East Metro station.
  • Represented Intelsat in its relocation of its U.S. headquarters (including more than 430 employees) from Washington, DC to Tysons Tower in Fairfax County, VA. Intelsat is involved in leasing approximately 188,000 square feet of space in Tysons Tower. This lease transaction was the first major deal to make the Metro-oriented redevelopment of Tysons Corner a reality. Venable also provided valuable guidance related to zoning and entitlement issues.
  • Handled the negotiation of all 160 Warner Brothers Studio Store leases throughout the United States.
  • Represented the landlord in a build-to-suit lease of 1.1 million-square-foot headquarters building for the United States Securities and Exchange Commission.
  • Representation of the owner of a national chain of stores in connection with the exit negotiations of all of its leaseholds throughout the southwestern United States.
  • Representation of a tenant in connection with the relocation of its headquarters.
  • Ongoing representation of a global real estate financial services and asset management firm, which involves lease and contract negotiations for facilities in cities including New York, London, Frankfurt, Madrid, Paris, Hong Kong, Singapore, Tokyo, Sydney and Santiago.