Morgan Lewis

Related Publications

10/12/10 Cash Is King in Lease Negotiations, The Legal Intelligencer
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Related News

02/02/12 Q&A With Morgan Lewis' Eric Stern, Law360
Morgan Lewis partner Eric Stern is interviewed about his real estate practice for Law360 .
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Photo of  Eric L. Stern

honors + affiliations

Listed, Chambers USA: America's Leading Lawyers for Business (2003–2011)

Listed, Chambers Global: The World's Leading Lawyers (2010)

Listed, The Best Lawyers in America (2006–2012)

Fellow, American College of Real Estate Lawyers

Member, Advisory Board, Samuel Zell and Robert Lurie Real Estate Center, The Wharton School, University of Pennsylvania

Member, International Association of Attorneys and Executives in Corporate Real Estate

Member, International Council of Shopping Centers

Listed, SmartCeo 2010 Legal Elite

bar admissions

  • Pennsylvania
  • Massachusetts
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Eric L. Stern
Partner


Email: estern@morganlewis.com
Philadelphia
1701 Market St.
Philadelphia, PA 19103-2921
Phone: 215.963.5178
Fax: 215.963.5001

Eric L. Stern is the leader of Morgan Lewis's Real Estate Practice. Mr. Stern represents real estate investors and owners, including REITs, institutional lenders, national and regional retailers and other corporate end-users in the acquisition, financing, restructuring and disposition of office buildings, shopping centers, single-use properties, hotels, development parcels, residential subdivisions and mixed-used projects.

Mr. Stern has lectured on behalf of the American Bar Association, the International Council of Shopping Centers, CLE International, Law Seminars International, the Philadelphia Bar Association, and the Pennsylvania Bar Institute. Mr. Stern has written articles appearing in legal periodicals and business and trade publications concerning various topics in commercial leasing and subleasing, including exclusivity of use, operating covenants, structuring sublease relationships and obtaining landlord consents.

Mr. Stern is admitted to practice in Pennsylvania and Massachusetts.

Selected Representations

  • Represented a global private equity fund in a series of transactions relating to a 53-story, 1 million square foot marquee office building in Philadelphia, PA.
  • Represented a publicly-traded REIT in sale-leaseback and financing of 388 properties in 19 states aggregating approximately 14.9 million square feet in two portfolio transactions for an aggregate purchase price of $1.05 billion.
  • Represented a publicly-traded REIT in acquisition of Boston, MA 1,050,000 square-foot office tower and parking garage for $705 million.
  • Represented a publicly-traded automobile parts and service retailer in $200M senior secured credit facility collateralized by 154 owned store locations in 13 states.

education

  • Boston College Law School, 1981, J.D., With Honors
  • Brandeis University, 1978, B.A., With Honors