Grand Rapids Real Estate Attorneys
Sophisticated Commercial Real Estate Representation in Kalamazoo and Ottawa Counties
Matters of commercial real estate are seldom straightforward and call for dependable legal advocacy. With over 60 years of combined experience, McShane & Bowie brings you extensive value through our considerable knowledge and proven efficiency in this high-stakes and time-sensitive legal area. Our Kent County real estate lawyers can offer you full-service counsel when acquiring, financing, leasing, managing, and selling many types of commercial property, including condominiums, residential developments, shopping centers, bank branches, hotels, churches, schools, medical research sites, and senior living facilities.
Our clients include local and national developers, real estate investors, contractors, financial institutions, life insurance companies, property managers, retailers, tax-exempt organizations, and religious organizations. From planning to closing, our skilled legal professionals will provide you with prompt and pragmatic advice and support. Our Grand Rapids real estate lawyers are ready to serve as your trusted counselors, negotiators, communicators, and partners from beginning to end.
No matter the nature or complexity of your commercial real estate transaction, we will devote ourselves to achieving your objectives. Contact us online or call (616) 747-7922 to request a case evaluation with our Grand Rapids real estate attorney.
Purchasing or selling commercial real estate requires careful due diligence and legal guidance. You will need to take steps to protect your interests and ensure the sought transaction achieves the desired outcomes.
How Our Grand Rapids Real Estate Attorney Can Help
Our firm represents buyers and sellers in all stages of these transactions, including:
- Preparing, negotiating, and finalizing the letter of intent (LOI)
- Preparing, negotiating, and finalizing the purchase and sale agreement
- Facilitating a due diligence investigation
- Facilitating escrow
- Running title checks, resolving title issues, and sourcing title insurance
- Managing land use, zoning, and environmental concerns
- Managing inspections and satisfying any pre-closing conditions
- Preparing, negotiating, and finalizing the closing documents
Developments and Redevelopments
Under the right circumstances, a real estate development can become an extremely profitable investment. Real estate “development” refers to the concept of building one or more commercial real estate properties “from the ground up.” Redevelopment involves the refurbishment, repurposing, or replacement of an existing commercial real estate property. In either scenario, the goal is to produce an attractive property that is ultimately leased to one or more third parties.
As a full-service firm, we are prepared to assist businesses throughout the entirety of a development or redevelopment’s lifecycle, including:
- Site selection and assessment
- Property construction or refurbishment
- Project financing
- Contract negotiation with prospective lessees
- Flipping, holding, and exit strategies
Our Grand Rapids real estate attorneys are ready to help you develop or redevelop many types of projects, including:
- Residential developments
- Condominium developments
- Shopping centers
- Industrial facilities
Real Estate and Construction Financing
Unless you have considerable liquid funds on-hand, you will likely require additional resources to either purchase commercial real estate property or finance your proposed development or redevelopment project. We frequently work with financial institutions and are extensively familiar with funding sources in the Michigan area. Our team can help you explore all available financing options and recommend an optimal strategy.
In addition to facilitating commercial real estate loans, we can work to secure various types of construction loans for developments and redevelopments, including:
- Acquisition and development loans
- Mini-perm loans
- Takeout loans
Commercial and Industrial Leasing
Not all businesses need to own or develop real estate property. Depending on your organization’s size, objectives, and current stage of growth, you may only require a leased facility through which to conduct your operations.
It is your best interest to have a legal professional review and advise you on the lease agreement before signing.
Our firm also assists with the leasing of commercial property developments. We can help negotiate, draft, and execute lease agreements and represent landlords and building owners in any disputes that may arise with tenants.
Zoning and Land Use
Each municipality in Michigan has its own rules for land use, zoning, and environmental restrictions. When conducting due diligence, you must ensure that your desired property is appropriately zoned for your intended use. If it is not, you will need to petition to “rezone” the property, which requires knowledge of the local area’s procedures and government. We can support you through the petitioning process and represent you in a zoning appeal, if necessary.
Whenever you purchase or lease commercial real estate property, you must also be aware of any land use restrictions, including boundary ambiguities and easements. Some of these conflicts can be resolved through negotiation, while others may require litigation. Our Grand Rapids real estate lawyers are seasoned litigators who are ready to fight for you in any commercial real estate conflict.
Our firm will diligently guide you through every aspect of real estate law, regardless of your specific needs. Call (616) 747-7922 or contact us online to discuss your case with a real estate attorney in Grand Rapids, MI.
"I've been with McShane & Bowie for almost 20 years, and wouldn't consider going elsewhere. The team has taken excellent care of me."Karen S.
"McShane & Bowie is patient, compassionate, super-smart, and well-prepared and chooses cases carefully to make sure they are able to give each client their full attention. Details do not slip past ..."Avvo User
"I highly recommend McShane & Bowie, very impressive knowledge and work ethic."Blake H.
We have the skill & experience needed to protect your rights & vital interests & get the results you need to succeed.
Founded in 1952, we have a longstanding and excellent reputation in the community.
Your lead attorney is with you, every step of the way, working to achieve your desired results while minimizing unnecessary delays and costs.
Each legal challenge is met head-on with specialized knowledge, a tailored plan, and innovative thinking.