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Eric L. Stern
Partner - Philadelphia
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Our real estate lawyers are experienced in handling all types of transactions. Four of our commercial and industrial real estate deals were highlighted in the Los Angeles Business Journal's special report titled "Deals of the Year."
- In the category of "Significant Lease Transactions" of industrial properties, we ranked second with our representation of a landlord (over 300,000 square feet to Qwest Communications Corp.).
- In the category of "Significant Sale Transactions," we ranked fourth with our representation of the seller in a $46 million sale of an office property (Sony Pictures Plaza in Culver City) and fifth with our representation of the buyer in a $52 million transaction.
- In the category of "Significant Lease Transactions" of office properties, our representation of a subtenant in the lease of office space (143,000 square feet to Toyota Motor Sales USA) was the seventh largest transaction.
- The largest office building acquisition in Philadelphia - The Fidelity Building.
- Two of the four largest retail-leasing deals in the greater Philadelphia area.
- Two of the largest hotel transactions - the acquisition and refinancing of the historic Hotel del Coronado in San Diego and the Wardman Park Convention Center in Washington, DC.
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