Constructing Profits for a Pension Fund

A public pension plan determined they could profit from owning and renting out an energy efficient, LEED-certified commercial building in the St. Louis Metro Area.  The only hook – the building didn't yet exist.

As longtime legal counsel to the fund, we helped them execute purchase and development agreements to purchase the land and build the building.

From joint venture agreements and construction contracts to zoning waivers and lease terms, we drafted almost every type of real estate contract imaginable.  The pension fund is now owner of a $20 million commercial building that is 94% leased to a happy tenant.  We helped the fund create a valuable asset out of thin air, so the fund can use its rent and equity to create pensions for its members.

Twitter Facebook LinkedIn

Industries

Jump to Page

We use cookies on this website to improve functionality, enhance performance, analyze website traffic and to enable social media features. To learn more, please see our Privacy Policy and our Terms & Conditions for additional detail.