Real Estate & Economic Development
Look no further than Babst Calland’s public sector real estate team. We assist both public and private entities with the acquisition, disposition, development and operation of diverse properties, including industrial facilities, mixed use developments, brownfield sites, office buildings, shopping centers and apartment complexes. We also counsel clients on condemnation, eminent domain and “in lieu of” transaction for fee simple, easements, rights-of-way and other property interests, and handle commercial leasing agreements, title insurance and right-of-way acquisition for utilities and public projects.
As your partner, we help you structure the basic transaction, keeping in mind general business, tax, financial and real property considerations, and then work with you throughout the life of the project. Our goal is to achieve a fair and amicable settlement without trial. In the event that litigation becomes necessary, we have the experience to work with appraisers and other consultants through the administrative and judicial process to achieve a favorable result.
Our knowledgeable attorneys advise clients on diverse matters, such as:
- Municipal development agreements
- Impact fees
- Building codes
- Accessibility matters
- Occupancy certificates
- Historic preservation
- Tax-advantaged trade zones
If your municipality could benefit from large-scale commercial and economic development projects, we can recommend innovative financing and land use concepts, such as tax abatement programs, transportation development districts, neighborhood development districts, tax increment financing and transportation impact fees. We also have a history of obtaining infrastructure development and remediation grants and low-interest financing from public and private sources.
Babst Calland’s real estate attorneys are active members and leaders of many industry organizations, including the National Association of Industrial and Office Properties (NAIOP), International Right of Way Association (IRWA), National Brownfields Association and Commercial Real Estate Women (CREW) Network. We serve on municipal planning commissions and zoning hearing boards and provide pro bono legal services to their communities.
“Our real estate practice involves more than giving property law advice. We guide our clients from beginning to end by tapping our team’s experience to help purchase, finance, construct, lease and ultimately sell a real estate project.”
– Marcia L. Grimes