Commercial Real Estate at Thompson Burton
Thompson Burton PLLC provides effective commercial real estate solutions for business and property owners in the Nashville area. Our
commercial real estate lawyers are available to serve as your real estate transaction coordinator, land use attorney, or advisor on all other commercial real estate matters, such as:
- Commercial real estate closing costs
- Commercial real estate transactions
- Commercial real estate loans
- Types of commercial leases
- Contractual agreements
- Zoning laws
- Intellectual property laws
- Commercial real estate taxes
- Commercial litigation
- Bankruptcy and creditors’ rights
Our attorneys in Nashville, TN. have extensive experience representing commercial real estate clients from entrepreneurs to landlords to multi-location business owners.
Nashville Commercial Litigation Attorney
At Thompson Burton PLLC, we ensure that our clients and their properties stay protected. As a commercial real estate owner, you may experience disputes regarding incorrect zoning laws, leasing disagreements, tenant complications, loans, or property taxes at some point. If you require legal assistance in any of these areas and are searching for a commercial real estate attorney in Nashville, TN., don’t hesitate to contact our local law firm.
Our dedicated team of commercial litigation attorneys includes
Walt Burton, a founding partner of Thompson Burton PLLC. Walt Burton is a
highly acclaimed attorney known for his impeccable approach to detail when representing clients in real estate transactions, leasing, real estate finance, acquisition, and disposition.
Commercial Real Estate Lawyer Near Me
Thompson Burton’s commercial real estate attorneys are available to serve you throughout the Nashville area. To learn more about our commercial real estate attorneys and how we can assist you, give us a call or
contact us to schedule an initial consultation with our practice. We look forward to working with you.
I’ve posted in the past here and here regarding acceptance of electronic signatures in commercial real estate transactions, so I was very pleased to be contacted by Beth Matson-Teig regarding her new article for the Shopping Center Times titled “Sign of the Times–Electronic Signatures are Just as Legal as a Pen and Paper, and they Make Deals Happen a Lot Faster Too,” Pages 52-55, November 2014. In the article, Beth highlights a switch that Weingarten Realty Investors has recently made to promoting e-signatures as well as other changes across the real estate industry. “Weingarten expects to realize considerable efficiencies and savings by eliminating the printing and sending of originals documents by mail or special delivery. Those savings add up. Weingarten completes some 1,200 renewals per year, and the firm estimates that that the electronic distribution of documents saves roughly 1.5 and 4 hours per renewal among leasing agents, lawyers, and […]
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Most sophisticated business people are aware that all contracts do not have to be in writing. It is possible to have a verbal contract without any written terms at all. However, certain types of contracts are required to be in writing in order to be enforceable. There are numerous reasons for this requirement, but the primary reason is to make sure that there is reliable evidence of the terms and conditions of contracts that are traditionally important or complex. Tennessee, like most states, has a statute of frauds that stipulates which contracts must meet this writing requirement to be enforceable in Tennessee courts. Tennessee’s statute of frauds is actually codified in two separate statutes, Tennessee Code Annotated Sections 29-2-101 and 47-2-201,which require that the following types of contracts be in writing and “signed by the party to be charged therewith:” Contracts of executors and administrators of estates; Contracts promising to answer for the […]
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No topic has been the subject of greater debate in commercial real estate in recent years than how increasing e-commerce is adversely impacting brick-and-mortar retail. The trends are undeniable. A long-term change in consumer behavior has dramatically reduced store traffic, as consumers are electing to shop and browse merchandise from home or their mobile devices rather than entering the retail store. As evidence, the average number of stores visited per shopping trip to the mall has dropped from 5 stores in 2007 to 3 stores today, according to Shoppertrak. The result of decreasing traffic at shopping malls and other retail outlets has been a dramatic increase in store closings by some of America’s most storied retail brands, including Sears and J.C. Penney. Sbarro is the most recent casualty, filing for bankruptcy protection and announcing that it will close 155 of its remaining 400 locations nationwide. There are also rumors that […]
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I recently represented a client in connection with the purchase of 925 apartment units located in East Tennessee. As part of the transaction, I updated my multi-family commercial real estate closing checklist. In reviewing my checklist, it reminded me of the below 6 items that buyers sometimes forget when purchasing multi-family commercial real estate properties. 1. Purchasers should always review police reports for the last 2 years related to the property (particularly if the property is in a low-income area). A purchaser may not necessarily want to purchase an asset that was the scene of a homicide or known for drug activity; 2. It’s important to identify any units that are not currently available for rental due to needed repairs and discount the purchase price appropriately. A well-drafted contract will include a formula to adjust the purchase price based on any “non-rentable” units as discovered during the due diligence period. 3. […]
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Undoubtedly, you have noticed the ubiquitous food trucks that have seemingly taken over parts of Nashville. There is even a food truck park, Wanderland Urban Food Park, where the food trucks can gather around the city. This trend is certainly not unique to Nashville. Food trucks and food truck parks have been popping up at a surprising rate around the country. Food trucks provide a variety of food options for business or entertainment districts that otherwise would only be served by the restaurants located in brick-and-mortar buildings in that area. What you may not have noticed around Nashville just yet are the fashion trucks that have started making their debuts around town. Fashion trucks, like food trucks, are simply trucks that bring their merchandise to their customers at their customers’ chosen location or at a designated location that is convenient for customers. The backs of these trucks have been renovated so […]
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