Commercial Real Estate

Winston-Salem Commercial Real Estate Attorneys

The commercial real estate lawyers at Allman Spry Leggett & Crumpler in Winston-Salem represent a wide range of clients including credit unions, banks, a multi-state hotel developer, nationwide retail chains, a publicly-traded real estate investment trust (REIT), and numerous commercial and residential developers.

Our lawyers handle a wide range of real estate transactions, including:

· Commercial real estate development
Our lawyers are involved in the negotiating and drafting of contracts for the acquisition of raw land, setting up the proper entity for owning the property, title examination, negotiating financing for acquisition and development loans, closing the purchase and financing of property, and preparing property owners' documentation, including Articles of Incorporation, and By-Laws.

· Commercial leases
Our representation of real estate investment trusts, commercial landlords and tenants and corporations with retail outlets involves a large amount of lease work, particularly for commercial office, retail, and industrial space all over the United States. Our lawyers do a large volume of work reviewing and negotiating commercial leases and related documents, such as tenant estoppels, subordination, non-disturbance and attornment agreements for both landlords and tenants.

· 1031 tax-free exchanges
Tax-free exchanges (also known as like-kind or lifetime exchanges) allow owners to defer capital gains taxes on commercial property by selling property and replacing it with another property. These transactions frequently involve subtle aspects of the tax rules and regulations which require careful structuring to avoid serious tax consequences.

· Real estate foreclosure
Our lawyers handle a large number of bank foreclosures each year, including residential properties, office buildings, shopping centers, and large apartment complexes.

· Multi-state commercial transactions
Our firm represents a real estate investment trust which owns real estate in most states in the eastern half of the United States. Our lawyers have handled a number of acquisitions and sales of commercial properties valued in the hundreds of millions of dollars.

Our firm has four attorneys with more than 90 years of combined experience who practice almost exclusively in the area of real estate, including an attorney who is board-certified in residential and commercial real estate law by the North Carolina State Bar. As part of a full-service business law firm, our lawyers have the resources of the firm’s business law, debtor's/creditor's rights, and civil litigation groups to provide a full range of legal services for our clients.

The real estate practice group has three board certified paralegals who work almost exclusively with the real estate attorneys. These three paralegals have more than fifty years of combined real estate experience with the firm.

For more information, contact the commercial real estate lawyers at Allman Spry Leggett & Crumpler. We serve clients in the Winston-Salem-Greensboro-High Point Piedmont Triad area and throughout North Carolina.