Mixed-Use Development Leases: Tailoring Provisions to Address Unique Legal and Ownership Structures

Recording of a 90-minute CLE webinar with Q&A


Conducted on Tuesday, February 25, 2014

Recorded event now available

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Program Materials

This CLE webinar will analyze the various types of mixed-use projects and legal issues that are unique to leases in mixed-use developments, and best practices for drafting lease provisions to avoid pitfalls inherent in mixed-use projects.

Description

With the trend moving back to mixed-use development, practitioners representing developers or tenants must become well-versed in recognizing the nuances and complexities in structuring and negotiating mixed-use leases.

Ownership structure—multiple owners vs. sole landlord-owned project—will impact issues like access and common maintenance. Similarly, the legal structure of the development—condominium structure, horizontal or vertical subdivision, subdivision within subdivision—will affect many issues. 

Key lease provisions should be tailored for mixed-use developments vs. a traditional commercial lease. Examples include common maintenance, landlord services, parking, access, taxes, noise/nuisance, operating hours, signage, exterior restrictions, use and security.

Listen as our authoritative panel of real estate practitioners discusses the challenges and solutions in structuring and negotiating various types of mixed-use projects. The panel will provide their experiences and best practices for drafting lease provisions to avoid pitfalls inherent in these projects.

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Outline

  1. Overview of mix-use leasing trends
  2. Ownership structures (multiple owners vs. sole landlord-owned)
  3. Legal structure issues impacting lease provisions (condominium, horizontal or vertical subdivision, subdivision within subdivision)
  4. Key lease provisions common to mixed-use projects

Benefits

The panel will review these and other key questions:

  • How does ownership structure of the project impact certain lease provisions?
  • How does the legal structure of the project impact certain lease provisions?
  • What provisions are critical must-haves from a tenant’s perspective and what are best practices for balancing the needs of different types of tenants?

Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.

Faculty

Sheldon A. Halpern
Sheldon A. Halpern

Partner
Pircher Nichols & Meeks

Mr. Halpern focuses his practice on shopping centers and mixed-use projects, including their acquisition,...  |  Read More

M. Rosie Rees
M. Rosie Rees

Partner
Pircher Nichols & Meeks

Ms. Rees joined the firm in 1994 and is a partner in the firm’s real estate department. The emphasis of her...  |  Read More

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