Seyfarth Shaw LLP was involved in two of the top 10 largest single-property retail transactions of 2016, according to the latest rankings from Real Estate Alert. With a combined value of more than $1.5 billion, Seyfarth handled the following matters:
No. 1 – Represented TIAA in its $1.25 billion acquisition of a 50% stake in the Fashion Show Mall in Las Vegas, Nevada.
No. 9 – Represented TIAA in its sale of the Palms Town & Country Mall in Kendall, Florida to Weingarten Realty Investors for $285 million.
Seyfarth was also involved in one of the top 10 largest retail portfolio transactions of 2016, representing a joint venture of DDR Corp. and TIAA in the sale of 11 retail centers to Armada Hoffler Properties.