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$18 million Tuscon, Arizona Major Insurance Company Regional HQ Office Building Real Estate Transaction

Case Conclusion Date: 12.27.2012

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.

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