Sale and Leaseback Transactions 

For over 25 years, Mintz Levin real estate attorneys have been responsible for  a national program of site acquisition, permitting and development for a major retailer that operates in excess of 4,000 stores nationwide. We supervise the retailer's regional fee-for-service developers to assure consistency of site control and environmental, title and survey compliance. We provide regular electronic updates by a comprehensive charting system, which notes the status of each closing requirement and due diligence item to the retailer and its developers, keeping everyone on track. Several times a year, we also represent the retailer in a sale and leaseback financing transaction that generally involves approximately 100 retail locations in 15 - 20 states. The acquisition debt is generally sold by private placement or by a Section 144a offering. Mintz Levin attorneys worked successfully with our client to structure the sale and leaseback transactions to occur prior to completion of construction of the stores, accelerating the benefits to our client considerably.