$130 Million Office Building Sale

Represented a private partnership in the sale of a Palo Alto office building to a REIT for over $130 million and the negotiation of a joint venture agreement with the REIT pursuant to which one of the principals of the partnership maintained an investment in the building and continued to manage it.  At the time, the sale price represented the highest per square foot price ever achieved for an office building in the Bay Area.

Firm Highlights

Publication

Non-Residential Lease Default Workouts, Security Deposits and Bankruptcy

What are the bankruptcy implications of the treatment of a tenant’s security deposit following a payment default?  Many non-residential tenants are now or are likely in the future to be unable to pay rent...

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Publication

Fed Announces New Main Street Lending Program

Loans Will Provide Additional Support for Small and Mid-sized Businesses On April 9, 2020, the Federal Reserve released the terms of its Main Street Lending Program , a $600 billion loan fund for U.S...

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Publication

San Francisco Bay Area Counties Issue Stricter Limits on Commercial Activities in Updated COVID-19 Shelter-In-Place Orders

To combat the growing number of coronavirus cases in the Bay Area, six local counties (Alameda, Contra Costa, Marin, San Francisco, San Mateo, and Santa Clara) have issued updated Shelter-In-Place orders that extend the...

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News

Ashley Breakfield Appointed to CREW Network Diversity & Inclusion Task Force

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News

Farella’s Don Sobelman Assists South Valley Islamic Center to Secure Cordoba Center Mosque and Cemetery Project Approval

Don Sobelman
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News

Farella Assists San Francisco Flower Mart With Development Project

Farella Braun + Martel represented the master tenant of the San Francisco Flower Mart in renegotiating its agreements with Kilroy Realty Corp., including a long-term master lease to permanently relocate the Flower Mart to...

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Publication

San Francisco Mayor Breed Issues Proclamation Providing Protection to Some Commercial Tenants

On March 17, 2020, San Francisco Mayor London Breed issued a proclamation providing eviction protection to certain small and medium sized businesses in San Francisco who are unable to pay rent due to the...

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Publication

CARES Act Paycheck Protection Program Summary (Updated)

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) Paycheck Protection Program (PPP) aims to provide qualifying small businesses, nonprofit organizations, veterans organizations, tribal businesses, sole proprietors, and independent contractors forgivable loans of...

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News

Farella Braun + Martel Announces 2020 Partner Elevations

SAN FRANCISCO/ST. HELENA, Calif., January 21, 2020: Northern California legal powerhouse Farella Braun + Martel is pleased to announce the election of senior associates Evan Abrams, Lauren Galbraith, and Alex Reese to the partnership...

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News

Plans for SF’s 4th-tallest building win key OK as developer resolves opposition

C.J. Higley was mentioned in the article, "Plans for SF’s 4th-tallest building win key OK as developer resolves opposition."  According to the article, the Transbay district Parcel F tower would include 165 condos, 189...

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