Case Conclusion Date: December 27, 2012
Practice Area: Real Estate
Outcome: Successfully closed escrow
Description: Represented buyer in a $18 million real estate acquisition of a single tenant 129,000 square foot office building in Tuscon, Arizona serving as the western United States regional headquarters for a major insurance carrier . Representation included transaction documentation, due diligence regarding condition of title, property condition, and closing issues. All aspects of this transaction were completed on an extremely short schedule to accomodate a year-end closing to avoid the uncertainty of the "fiscal cliff" to seller. Significant monetary incentives were realized by purchaser for facilitating the expedited closing.