Acquisitions & Dispositions

Guided Graniterock on the sale of a 19.85-acre premier development site in Redwood City, Calif. to Jay Paul Company.

Assisted Berkeley Repertory Theatre in the acquisition of a 62,000 square-foot building in West Berkeley, allowing Berkeley Rep to pay 50% less for 50% more space.  The acquisition allows the theatre to consolidate all its pre-production activities into one campus.  

Represented the seller, Johns Manville, in the sale of this former manufacturing site of asphalt and asbestos roofing materials, which was contaminated with asbestos, petroleum hydrocarbons and various volatile organic compounds.  The sale to Pittsburg River Park, LLC, an affiliate of Renova Partners, involved the shifting of various environmental responsibilities and liabilities to the buyer, which obligations were secured and backed by deeds of trust and insurance programs.

Represented Embarcadero Capital Investors with its disposition of office property Sherman Plaza East & West in Van Nuys. The property was acquired by Majestic Investments for $49.5 million and houses tenants such as the State of California Franchise Tax Board, General Services Administration and North Los Angeles County Regional Center.

Represented The Swig Company and STARS Real Estate Investments in the $29.9 million sale of the historic Wakefield Building in Oakland, Calif. The 1920s building includes 56,666-square-feet of creative office space and is LEED Gold certified.

We represented The Swig Company in its acquisition of an eight-story, 85,860-square foot office building in downtown Pasadena’s Playhouse District.

Representing the Ndovo Foundation in the acquisition and development of a 4,900 acre preserve for African elephants in Tehama County.

Represented Embarcadero Capital Partners’ third fund in its complex $46 million acquisition of one of downtown San Jose’s most prominent office developments, Almaden Financial Plaza.

Represented The Swig Company in its $75 million refinancing of an office property in San Francisco’s SOMA district.

This sale of an active quarry, concrete recycling center and asphaltic batch processing site to a national homebuilder for development of single-family homes required complex environmental risk sharing agreements between the quarry operator, the seller of the property and the buyer.  The issues presented included quarry closure requirements and the remediation of groundwater contamination and petroleum contaminated soils.  The environmental risks were allocated through work plans, various indemnification provisions and insurance programs.

Represented The Swig Company in the sale of its 460,000-square-foot office building in downtown Long Beach, Calif. In addition, we resolved a water discharge issue at the property and advised on the tax aspects of the transaction.

In addition to representing the developer in the permitting and environmental review processes, we negotiated purchase and sale agreements with more than 50 owners for approximately 8,000 acres of agricultural land for two large solar energy facilities.