The Herrick leasing team represents high-profile landlords and tenants in retail, office and industrial property leases across a range of industry sectors. From small spaces to entire buildings, our lawyers partner with clients through every phase of a transaction – including term sheets, negotiations, construction management agreements and governmental incentive programs. Herrick enables a landlord or a tenant to move seamlessly from term sheet to move-in.
Herrick applies decades of experience handling diverse property-related issues and offers expeditious transaction execution to optimize clients’ end goals and maximize leasing opportunities. Understanding market conditions, having excellent relationships with market participants and regularly representing both landlords and tenants provide Herrick with a balanced and business-oriented perspective that enables us to get deals done in a cost-effective manner. Whether negotiating a complex lease or managing aggressive growth, we bring relevant market experience that allows us to confidently handle leasing matters throughout the United States.
Our leasing team draws upon the holistic experience of the entire firm and regularly collaborates with colleagues within the Real Estate Department and other practice areas, including land use, tax, environmental, financing, joint ventures, and, when appropriate, litigation, to help our clients navigate challenges that arise in connection with their property or business.
Herrick has handled virtually every type of deal related to commercial leases across the country. Our experience with office towers, shopping centers, mixed-use projects, street and urban properties, industrial, entertainment complexes, stadiums and standalone properties enables our clients to rely on Herrick for guidance with any type of transaction.
From office towers, big-box retail leases, and corporate headquarters relocations to national leasing programs and service agreements, we offer pragmatic and strategic counsel to property owners, managers, tenants and prospective tenants.
Our team includes savvy commercial leasing lawyers and special counsel whose in-depth leasing experience enables us to finalize transactions with maximum efficiency in a cost-effective manner, while maintaining consistency and excellence in the quality of the work product.
Our Real Estate lawyers are highly skilled in the creation, negotiation and operation of ground leases for properties throughout the country with an emphasis on development sites, including industrial developments, office buildings, multifamily residential, hotels and long-term leases with governmental entities and public authorities. We handle all types of leases for clients, including ground leases, net leases and subleases. Our attorneys have the experience and knowledge to represent clients in the most delicate and complex leasing negotiations.
We are among New York’s leading attorneys when it comes to negotiating ground lease transactions and their complex provisions involving, among other items, financeability and transferability provisions. We know the trends on rent resets and how construction risk is handled. We are able to leverage our extensive experience to negotiate effectively, thereby enabling clients to achieve their objectives.
Areas of Focus
- Financial Institutions, Bank Branches and Headquarters
- Retail and Restaurant
- Life Sciences
- Houses of Worship
- Higher Education
- Charter Schools
- Ground Leases
- Ground-up Development
- Leasehold Condominiums
- Tax Structuring and Incentives