Successfully negotiated the temporary extension of that lease to allow the tenant to stay while we negotiated a letter of intent and a new long term lease with a new, larger national restaurant chain operator.

Handled assignment and assumption of all existing leases, negotiation and drafting of a new lease of a new facility between seller and purchaser, and all other real estate matters as part of the sale

Reviewed title abstracts on the properties being purchased, prepared title commitments, and issued title insurance policies.

Reviewed purchase agreements, titles, surveys, and all closing documents, and saw the properties through closing.

Negotiated and prepared a long-term ground lease conditioned upon acquisition for the developer with a national company that builds and operates large fuel stations and convenience stores.

Successfully negotiated lease with contingency regarding acquisition.

Handled all real estate transactions, involving negotiation of purchase agreement, title and survey review; preparation of all closing documents; and issuance of title policies.

McGlinchey Stafford PLLC is pleased to announce that 19 attorneys and eight practice areas have been recognized in the 2020 edition of Chambers USA – America’s Leading Lawyers for Business.

McGlinchey Stafford PLLC represented LEEVAC Shipyards, LLC, and its related affiliates in the sale of substantially all of LEEVAC’s assets to Gulf Island Shipyards, LLC, a subsidiary of Gulf Island Fabrication, Inc.

Whether your business is the lessor (landlord) or the lessee (tenant) of commercial property, negotiating the terms of a lease can be a complicated but rewarding process if done properly. Because the party that drafts the lease is often at an advantage, the party not providing the lease should pay particular attention to the provisionsMore

Volume 41, Louisiana Bar Journal

47 La. Law Review 661