Acquisitions and Dispositions

1031 Exchanges

LimNexus attorneys are deeply experienced in representing both sides in real estate acquisitions and dispositions. We work on deals involving retail, industrial, residential and mixed uses, ranging from a single parcel of unimproved land to a completed shopping center. We handle purchase and sale transactions, including delayed Section 1031 exchanges to accommodate build-to-suit construction, option agreements, long-term ground leases and other means of transferring ownership or control of real property.

Matter List

Represented a regional developer in amassing over 45 acres of land by eminent domain and direct multi-level acquisitions to build a culturally enriched lifestyle center in Southern California consisting of about 400,000 square feet of retail space. The iconic project has won praise as a “game changer” that completely revitalized a blighted, high-crime area into a world-recognized tourist site.
Represented a global tire manufacturer in a multi-state, delayed 1031 exchange in connection with its relocation of its headquarters and 800,000 square foot main warehouse facility into a new build-to-suit facility pursuant to a lease with an option to purchase. The scope of representation also included entitlements, a partial leaseback and a CMBS loan to an SPE for the warehouse.
Represented a global healthcare provider in framing and structuring the ownership of one of the largest medical centers in Los Angeles and acquiring the real estate interests necessary for its operation.

Attorneys: John Lim, Marc J. Manason

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