Farella Assists American Conservatory Theater Acquire Historic Strand Theatre
SAN FRANCISCO (February 29, 2012): Farella Braun + Martel assisted the American Conservatory Theater (A.C.T.) in its acquisition and development of the historic Strand Theatre in San Francisco, the latest major step toward the development and revitalization of the Central Market Arts District. The purchase closed on February 28.
Farella attorneys handled the acquisition and related agreements with design professionals and contractors, formed the new non-profit supporting organization, and are advising on historic and New Markets tax credit.
Leading the Farella team was Real Estate Partner Richard Shapiro. Assisting Shapiro were Exempt Organizations Partner Barbara Murphy, Tax Partner Said Kordestani and Exempt Organizations associate Evan Abrams.
Farella Braun + Martel represents clients throughout the United States and abroad in sophisticated business transactions and high-stakes commercial, civil and criminal litigation. Founded in 1962, the firm is headquartered in San Francisco and maintains an office in the Napa Valley focused on the wine industry. Farella Braun + Martel lawyers are known for their imaginative legal solutions, dynamism and intellectual creativity. With an unwavering service ethic and interdisciplinary team approach, the firm is committed to advancing clients' objectives in the most effective, coordinated and efficient manner. Farella Braun + Martel is a green business. www.fbm.com
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