Real Estate Group Transactions
- Mark Hennigh represented a major institutional lender in acquiring a substantial “tax equity” membership in a 200 MW project in Minnesota.
- Mark Hennigh participated in the acquisition and repositioning of a major hotel in Chevy Chase, Maryland.
- Mark Hennigh represented a foreign investor in a Starker exchange of California land for commercial properties in New York, Florida and California.
- Within the last two years, Mark Hennigh has been involved in sales, reverse exchanges and Starker exchanges involving five major office buildings in the Financial District of San Francisco.
- Wind projects on which Mr. Hennigh has worked in varying capacities, including development, ownership, “tax equity” participation, financing and operation exceed 2500 MW.
- Mark Hennigh represented the landowners in the negotiation of the Ground Lease for the 162 megawatt Montezuma Hills project in Solano County, California. The turbines being used for the project are Vestas 1.8 MW. Mr. Hennigh was assisted in the negotiation by Jeff Schlichting of HMH Resources, Inc.Mr. Hennigh previously represented the initial developer and construction contractor for the 160 MW Woodward Mountain project and the 280 MW King Mountain project in West Texas. Mr. Hennigh also negotiated the Turbine Purchase Contract for the 214 1.3 MW Bonus turbines erected on the King Mountain site.
- Graham Maloney represented American Freeholds (Grosvenor USA) in its sale to Glimcher Realty Trust of the WestShore Plaza Mall in Tampa, Florida. WestShore Plaza is an upscale enclosed regional mall with a total of 1,060,000 square feet of leasable area. The Mall is anchored by Boudin’s, Saks Fifth Avenue, Sears, JC Penney, a 14-screen AMC Theater and 96 retail mall tenants. Graham was assisted in the transaction by Davia Love.
- Mark Hennigh handled the acquisition of the Oceanview Village Shopping Center from the Emerald Fund. Oceanview Village was acquired by two Culligan operating partnerships. Oceanview Village, located at 2995 Alemany Boulevard, is anchored by Albertson’s, Rite Aid, and Bally’s Total Fitness. Culligan recently announced the addition of Hollywood Video, Subway, Extreme Pizza and Supercuts as tenants. Oceanview Village is a mixed-use development comprised of residential, commercial and retail units. Mark Hennigh, was assisted in the due diligence by Fumi Knox and Ian O’Donnell. Negotiation of the $20 million UBS Warburg loan was handled by Jim Abrams.
- A Grosvenor USA partnership, represented by Graham Maloney, has entered into an agreement with Beacon Capital Partners for the sale of a 50% interest in the 891,000 square foot office building located at 444 South Flower Street, Los Angeles, California.
- Tom Prestwich represented a subsidiary of Equity Office Properties Trust in the $123 million sale of 16 buildings in Foster City, California to Gilead Sciences, Inc.
- Gordon H. Chong & Partners, Inc. was represented by Mark Hennigh in the negotiation of approximately 43,000 square feet of office space from Foundry Square Associates II at 405 Howard Street in San Francisco.