Richard Rabbitt is a partner in Farella Braun + Martel's Real Estate & Land Use Department and has more than 19 years of real estate and business transactional experience.
Richard's practice focuses on complex commercial real estate transactions. He regularly advises commercial real estate developers and owners with respect to the negotiation and documentation of acquisitions, financing, development, leasing, and dispositions, together with the formation and structuring of ownership entities. He has negotiated and drafted purchase and sale contracts, partnership and limited liability company agreements, ground leases, loan documents, development agreements, office and retail leases, and property management agreements.
His renewable energy practice includes solar power project development. He led a team of Farella real estate attorneys advising one of the world's premier solar development companies on one of the largest solar power projects being developed in California.
Richard has negotiated multiple waterfront development projects in San Francisco involving public/private partnerships with the Port of San Francisco, including the developers for both the $100 million restoration of San Francisco's historic Ferry Building project and the Piers 1 1/2, 3 and 5 waterfront property. These projects included the negotiation of complex development agreements and long term (50-66 year) ground leases with the Port of San Francisco.
He has experience in negotiating landlord/tenant and lender/borrower workout agreements with distressed tenants, landlords, and developers, using innovative workout structures intended to benefit all parties through avoidance of bankruptcy and costly litigation.
Notable prior real estate transactions include: the $200 million Foundry Square development in the San Francisco Financial District; negotiation of Ferry Building Marketplace retail leases; acquisition and financing of $250 million of premier vineyard properties in California; co-counsel to joint venture for $400 million Westfield San Francisco Centre/Emporium redevelopment; and negotiation of a 300,000 square foot lease at San Francisco's landmark Transamerica Pyramid. Richard has also represented The Coca-Cola Company on various California real estate matters.
Memberships and Affiliations
- Member, Chair (2011), Vice Chair (2010), Government and Public Affairs Committee, San Francisco Building Owners and Management Association (BOMA)
- Hawaii State Bar Association
- Real Property Law Section of the State Bar of California
- NAIOP San Francisco