We Assist With Real Property Matters
Demetriou, Del Guercio, Springer & Francis, LLP’s experience, technical expertise and creative thinking offer our clients a team well known for achieving our clients’ real estate objectives. Our extensive real estate transactional practice involves the acquisition, development, leasing and financing of a wide variety of real estate projects for public agencies and private parties.
The transactional practice of Demetriou, Del Guercio, Springer & Francis, LLP, includes the negotiation and preparation of purchase and sale agreements, real property exchange agreements, environmental cost recovery and indemnity agreements, owner participation agreements, disposition and development agreements, ground leases, commercial leases, land use development agreements, environmental remediation agreements, easements, access agreements, license agreements, and financing agreements.
Our firm has represented property owners, developers and public agencies in connection with land use transactions such as owner participation agreements, disposition and development agreements, specific plans, and Government Code § 65864 development agreements as well.
Innovative Solutions – Practical Advice
Our real estate attorneys are deal makers and strive to provide creative, practical advice and innovative solutions to our clients’ legal and business needs in a variety of transactions and development projects. We represent and assist private entities ranging from individuals to large, publicly-traded businesses in connection with both commercial and industrial properties.
Our experience includes the acquisition and development of commercial and industrial parks, mixed-use urban redevelopment projects, country club projects and marina projects. For example, we have represented numerous automobile dealerships, including Reynolds Buick and Thomas Acura in Covina, California, in connection with the establishment of new automobile dealerships on sites acquired by public agencies and leased or sold to dealerships for purposes of constructing and operating the dealership, including disposition and development agreements, loan rehabilitation agreements, and ground leases.
Transactions With Public Entities
In addition, our attorneys are skilled and well-versed in handling sophisticated transactions for public agencies. For example, we have represented the Los Angeles County Metropolitan Transportation Authority, Los Angeles Unified School District, and numerous other cities, school districts and redevelopment agencies in the Southern California area.
We have represented the Los Angeles World Airports in connection with retail concession and commercial management agreements including the recent modernization of the Tom Bradley International Terminal. Our public entity experience is especially valuable when assisting private party clients in transactions with public entities – we have negotiated and finalized intricate contracts between public entities and private parties, including representation of the California Yacht Marina in connection with the privatization of the landmark Cabrillo Marina in the Port of Los Angeles.
Complex Lease Transactions
In addition, we regularly structure and negotiate lease-equity deals and other creative approaches to lease transactions. We counsel both landlords and tenants in the negotiation and documentation of commercial, industrial, retail and other business leases. Our leasing practice ranges from short-term small space leases to long-term major lease transactions, as well as complex ground leases, tenant improvement agreements and sale-leaseback transactions. We often address issues such as tenant and landlord bankruptcies, terminations, workouts, enforcement actions, payment disputes, tenant improvement work letters, assignments, and subleases, as well as ground leases.
Because of our longstanding reputation as one of the premier environmental practices in Los Angeles, we are keenly aware of the complex environmental issues that can be encountered in real estate transactions. We are especially well-versed in handling real estate transactions complicated by environmental issues.