Seyfarth Serves as Lead Counsel for Top Real Estate Deals of 2012

Contacts:
Brian Kiefer, Director of Public Relations
(312) 460-6401, bkiefer@seyfarth.com

Ivette Delgado, Senior Public Relations Associate
(212) 218-5273, idelgado@seyfarth.com

CHICAGO (March 14, 2013) – Led by the largest deal of the year, Seyfarth Shaw LLP handled five of the 10 largest industrial property transactions of 2012, among other top deals, according to the latest rankings from Real Estate Alert.

With a combined value of more than $1.8 billion, Seyfarth served as lead counsel to the following industry property owners in portfolio sale transactions in 2012:

• DEXUS Property Group in the sale of its national portfolio to Blackstone for $760.2 million, which represents the largest deal of the year
   
• DEXUS Property Group in the sale of its West Coast portfolio to Heitman and the Korean National Pension Service for $561 million
   
• LBA Realty in the sale of a Southern California portfolio to Metlife for $328 million
   
• LBA Realty in the purchase of Kilroy Realty’s Southern California portfolio for $232 million
   

In a separate industrial property portfolio transaction also ranked in the top 10 by Real Estate Alert, Seyfarth represented the lender.

“We congratulate our clients and thank them for involving us in these transactions,” said Paul Mattingly, chair of Seyfarth’s Real Estate department. “Participating in five of the 10 largest industrial transactions of 2012 validates our decision to aggressively grow our real estate team in the middle of the downturn. Looking ahead, we are excited about the opportunities our clients are pursuing in 2013 as well.”

According to Real Estate Alert, Seyfarth also served as lead counsel on the third largest multi-family transactions of 2012, representing TIAA-CREF in its purchase of a 70 percent stake in MiMa, New York, priced at $551.2 million.

Seyfarth Shaw has more than 800 attorneys and provides a broad range of legal services in the areas of labor and employment, employee benefits, litigation, corporate and real estate. With offices in Atlanta, Boston, Chicago, Houston, London, Los Angeles, New York, Sacramento, San Francisco and Washington, D.C., Seyfarth’s clients include over 300 of the Fortune 500 companies and reflect virtually every industry and segment of the economy. For more information, please visit www.seyfarth.com.