Legal Representation for Commercial Real Estate Transactions in New jersey
As commercial real estate attorneys at GLR&W in New Jersey, we have represented purchasers, sellers, investors, developers, and other parties. We address challenges in these transactions and verify that projects move forward with a minimum of delays. As New Jersey’s commercial real estate market continues to grow, we stand ready to support that market with over 50 years experience.
A real estate lawyer of New Jersey should answer questions and guide a client through every aspect of a commercial real estate transaction, including:
- The cost of a commercial real estate attorney
- Drafting and negotiating purchase and sale contracts
- Conducting due diligence and inspections
- Evaluating financing options
- Complying with regulatory requirements
- Addressing New Jersey land use and zoning issues
- Verifying environmental compliance
- Title review and analysis
- Closing the transaction and recording all required documentation
Typical Transactions Handled by New Jersey Commercial Real Estate Lawyers
A commercial real estate lawyer in New Jersey will identify and manage a client’s legal risks, rights, and obligations in:
- New commercial or industrial developments, or the purchase or sale of existing commercial properties
- Commercial leases, including triple, double, and single-net leases, and gross, percentage, and variable leases
- Condominium conversions and registrations
- Redevelopment projects
- Commercial real estate transaction disputes, including mediation, arbitration, and litigation
- Zoning applications and petitions for zoning variances
- Petitions to quiet title and to resolve property line disputes and lien issues.
New Jersey Land Use and Zoning Issues
Failure to adhere to strict land use and zoning requirements can be fatal for a commercial real estate project. To prevent this problem, we recommend that clients retain a New Jersey commercial real estate lawyer who has in-depth knowledge of state and local zoning laws and regulations. They should also have experience representing commercial real estate investors and developers before local zoning boards.
Environmental Protection for the Garden State
Participants in New Jersey commercial real estate transactions are increasingly cognizant of the environmental impact that their projects might have, both globally and locally. Failure to address environmental concerns early in a project can dramatically increase costs and threaten the overall viability of a project.
Commercial real estate investors and developers can prevent this problem by retaining commercial real estate lawyers to represent them before federal and state environmental regulators and verify compliance with applicable statutes and regulations.
How much does a commercial real estate attorney cost in New Jersey?
For smaller or simpler projects, New Jersey commercial real estate lawyers often accept engagements on a flat fee basis at rates of $5,000 per project or less. Complex and larger engagements are more commonly managed at an hourly rate. In every case, clients should address fee issues with their commercial real estate attorney in New Jersey– early in the discussion.
GLR&W is New Jersey’s Trusted Commercial Real Estate Law Firm
Please contact us at the Mount Holly offices of GLR&W’s to schedule a consultation with one of our New Jersey commercial real estate attorneys. We can provide answers to all of your questions about how our representation can improve the flow and administration of your project. We also represent clients in mediations, arbitrations, and litigation when serious disputes arise in the context of their commercial real estate projects.