Philip Markowitz has extensive experience representing a variety of clients with respect to their commercial real estate investments and projects and related legal needs.
Philip represents a number of national retail tenants with their many leasing matters. He also represents both sellers and purchasers of existing shopping centers and other retail properties, as well as developers and redevelopers of retail projects throughout New Jersey, but also significantly in New York, Pennsylvania and Florida.
Philip is actively involved in the realm of hotel acquisitions and development, and the associated corporate aspects surrounding these types of transactions, including joint venture agreements, franchise agreements and management agreements.
Industrial and office purchase and sale transactions, as well as leasing matters, also constitute a significant part of Philip's practice. Philip also represents purchasers and developers (and thus, borrowers) of multi-family projects in the northeast and midwest.
Actively represents a major, national insurance company with respect to its industrial real estate portfolio, which is mainly comprised of leasing matters involving large warehouse, refrigerated and other logistical space in New Jersey.
Actively represents a family-owned hospitality company with respect to its hotel acquisitions and sales, but also regarding its redevelopment projects, including land use and permitting needs. Recently, an acquisition of a national-brand hotel property required to be structured as an acquisition of the owning entity, due to issues involving the existing franchise agreement and liquor license, as well as tax considerations.
Actively represents a national and Fortune 20 company, a retailer, with its acquisitions, leases, and developments, including negotiating purchase agreements, ground leases, reciprocal easement agreements and site development agreements, in addition to numerous other issues associated with retail developments and operations.
Represented a fast-growing licensing and branding company, as tenant, with respect to its leasing of almost 20,000 square feet of office space in a Class A building in midtown Manhattan, which involved a complicated build-out by the landlord.
Represented a utility company, as tenant, with respect to a lease of over 800,000 square feet of office space in Newark, New Jersey.
Actively represents a privately-owned group of affiliated companies that own multi-family projects in New Jersey, Pennsylvania, Ohio and certain other states, with its continuous financing needs.
Represented a large manufacturing company with respect to its ground leasing of a redeveloped brownfield in New Jersey on which the landlord constructed almost 1,000,000 square feet of new warehouse, manufacturing, office and even showroom space, and which involved very detailed planning and construction issues.
Represented the seller of a mobile home park near the New Jersey shore, with almost 400 resident tenants. The buyer, a national owner and operator of such properties, had to be actively guided to conclude the closing on a fixed date that was designated by the client’s CMBS lender and servicer.
Represented a sound recording studio company with respect to a small yet complex lease in a northern New Jersey urban location. Sound and vibration attenuation issues had to be addressed, due to the presence of other tenants in the building, as well as an expensive build-out to be performed by the landlord.