Matt Seltzer recognized in Top Real Estate Deals of 2015
Congratulations to SCMV attorney Matt Seltzer on being featured in the San Diego Business Journal’s Top Real Estate Deals of 2015 special report and awards program.
Two transactions for which Matt was the attorney were honored, including one deal that was named the Most Innovative Deal of the Year. In that deal, Matt represented the owner of regional shopping mall Grossmont Center and a neighboring medical office project, Rainbow Investment Co. and the company’s principals Stephen and Larry Cushman, in negotiating more than 100 leases over the course of nearly two years with such tenants as Target, Wal-Mart, Sports Authority, CVS, Reading Cinemas and Barnes & Noble.
The second deal in which Matt provided legal representation was regarding the purchase of the property at 2611 Business Park Drive in San Diego. Matt represented The McDonald Group and principal Michael McDonald in negotiating a purchase agreement for the acquisition of the property. Once under contract, Matt negotiated an assignment of the purchase agreement to the eventual purchaser of the property. In an additional aspect to the assignment, Matt’s client also obtained an option to purchase another property owned by the eventual purchaser of the property. Matt negotiated a lease for the optioned property with Stone Brewing Company on behalf of The McDonald Group and then negotiated an assignment of the option to purchase to a third party, who closed on the acquisition of the property in January 2015.
To read more about these and other top San Diego real estate deals, visit the San Diego Business Journal’s website (subscription required).