Real Estate:
Commercial Development
The financing, purchase, development, use and sale of property for business and investment purposes is a costly and complex process—fraught with risk and potential liability exposure.
Commercial real estate developers acquire real property in order to increase its value by obtaining entitlements for development and making improvements that will make the property more attractive for business purposes.
Land developers acquire raw land, obtain entitlement and improve it with utility connections, roads, and other improvements. Building developers acquire improved land in order to construct building projects—like office buildings or business parks, medical facilities, retail centers, industrial/warehouse complexes, condominium/hotel developments—or some “mixed use” of the above.These buildings are then sold entirely or in part to others, or retained as assets to produce cash flow via rents and other means.
To do commercial development right, you need a legal team with broad and deep experience within the real estate industry—a legal team that knows the law and knows your business. At McDonough Holland & Allen PC, we can be your sole legal source for advice, planning, transactions and disputes involving commercial development projects through all phases of a project:
- Market research
- Site selection and feasibility analysis
- Due diligence
- Property acquisition
- Project design
- Entitlements
- Financing
- Infrastructure
- Construction
- Lease-up and sales
- Operation (when the project is retained as an asset)
Our clients are individuals, public and private companies, government agencies, and institutions. They are owners, operators, investors, lenders, insurers, developers and builders who focus their efforts on commercial real estate development.
When it comes to commercial development within the real estate industry—whether advice, planning, transactions or dispute resolution—the lawyers at McDonough Holland & Allen PC will do what it takes to help you “Do it right.” |
