REPRESENTATIVE EXPERIENCE
Larry N. Woodard
Led team of 12 lawyers in representing foreign auto parts manufacturer in the purchase and redevelopment of a former General Motors light duty truck plant, a US$250 million project representing one of the country’s largest capital infusions from a Chinese corporation. Deal included slicing a building in two, environmental liabilities, government incentives, and over a dozen easement agreements. Plant closing was the subject of the HBO documentary The Last Truck and its reuse is the subject of the Oscar-winning documentary The American Factory.
Represented client in the negotiation, acquisition, rezoning, construction, redevelopment, and leasing of 1.6 million square foot corporate campus into office, retail, residential, and hotel mixed-use project now known as a “Metroburb”. Obtained US$53 million in TIF incentives and created new way to handle the Cook County tax appeal process on TIF projects.
Represented multinational aerospace company in negotiation of all construction contracts for its multi-phased US$550 million corporate campus.
Represented units of local government in the construction and redevelopment of 1,100 acre former naval airbase.
Represented one the country’s largest retailers in the restructuring of its real estate portfolio, including parcel redevelopment and lease assignments, negotiation of REA amendments, subleasing, lease sales, and lease buyouts.
Represented foreign auto parts manufacturer in US$180 million land acquisition, economic incentives, build-to-suit, and construction contracts.
Negotiated sale and leaseback of US$66 million medical office campus and leasehold interest in air rights parcel. Started and finished transaction in client’s 18-day requirement.
Initial public offering of office REIT and restructuring of its national portfolio through subdivisions and reciprocal easement agreements.
Represented Fortune 50 Corporation in restructuring of its entire Midwest real estate portfolio, including preparing vertical subdivisions, reciprocal easement agreements, joint venture agreements, and sales of fractional interests in the portfolio.
Represented hospital group in ground lease, construction, and leasehold construction financing for US$198 million project.
Represented national lender in US$108 million loan secured by hotel, FF&E, condominium, declarant rights, and leasehold interests.
Represented regional real estate venture capital firm in bridge lending, note sales and purchases, and troubled asset workouts.
Retained as expert witness for cases involving commercial real estate sales, condominium conversions, and collateralization of Illinois land trust beneficial interests.
Obtained dismissal of lawsuit with prejudice against real estate developer and its principals.
Obtained multi-million dollar judgment on behalf of contractor in its enforcement of its construction contact and foreclosure of its mechanics lien.
Represented one of Chicago’s largest condominium converters.
Represented national bank in connection with the leasing of its Midwest retail locations.
Prepared all offering, organizational, and conveyance documents for urban infill developer of mixed-use and grocery-anchored shopping centers.
Represented real estate fund in purchase of $88 million office campus in Chicago suburbs.
Represented clients of miscellaneous interests and deal structures: conveying through beneficial interests in land trusts; sale and mortgage of ground leasehold interests; standard and reverse 1031 exchanges; joint ventures; conveyance through membership/stock/partnership interests; note purchases; sale-leasebacks; tenancy in common interests; assumption of debt; staggered sales of portfolio through master agreement; articles of agreement for deed; air rights purchases/sales and mortgages; light easements; sight line easements; golf ball easements; licenses; riparian water rights; adverse possession; easements by necessity; exterior signage and billboard parcels; wind farms; solar leases; cell towers; etc.
Real Estate Finance
Lead lender's counsel for US$46 million construction loan for the infrastructure of one of the largest developments in Massachusetts.