Overview

Bruce is a partner in the firm's Real Estate practice group. His practice is focused on retail and mixed-use projects, including development, leasing, resolution and litigation of disputes with tenants, purchases and sales, financing, due diligence, management and construction matters.

Prior to entering private practice, Bruce worked for almost a decade in the real estate industry doing commercial real estate appraisal work, commercial real estate lending and development for a major life insurance company, and commercial real estate development and management for a private developer.

Bruce has handled virtually every aspect of shopping center transactions on a variety of matters including:

  • Letter of intent negotiation, purchase and sale contract negotiation, due diligence and purchase and sale transaction closings
  • Governmental development and financing agreements
  • REA and use / site plan documentation
  • Renovations and expansions of existing properties
  • Property management and leasing agreements
  • Design and construction agreements
  • Pad sales and leases to anchors and outparcel users
  • Anchor and inline retail store leases
  • Dispute management and litigation oversight in retail centers, including lease-related disputes and management-related and operations-related difficulties and issues
  • Counsel to landlords with respect to tenant bankruptcies, including negotiation of agreed stipulations and associated amendments
  • Implementation of owner / investor policies in management agreements and leases

Bruce's retail project experience includes: mixed-use, regional shopping malls, lifestyle centers, streetscapes, conversions from single-tenant to multi-tenant use, power centers and grocery-anchored strip centers.

Experience

Representative transactions, often involving responsibility for several phases of a project, such as acquisition, financing and/or leasing:

Power/Community Centers
  • Ground up development of suburban power center with general merchandiser (Target), big box users (Lowe's, Staples, Michaels, BJ's Wholesale), multi-tenant retail and outparcels. Cross easements with neighboring properties, including multilayer design, maintenance, operating and restrictive use agreements. (Washington, D.C.)
  • Demolition and reconstruction of power center with big box users (K-Mart, Lowe's) and outparcels, under governmental development agreement including substantial government funding. (Portsmouth, Virginia)
  • Ground up development of power center with general merchandiser (Target), theater, big box users (Kohl's, T.J. Maxx, Office Max), multi-tenant retail and outparcels. Cross easements with neighboring properties. (Richmond, Virginia)
  • Agreements with general merchandiser (Target) and big box users (Best Buy, TJ Maxx, PetsMart) for ground up development of two power centers. (Birmingham, Alabama)
  • Cross easement and operation agreement with general merchandiser (Target) and grocery lease (Publix)in ground up development. (Gulf Shores, Alabama)
  • Leases with big box users (Best Buy, Marshalls) for shopping center expansion. (Knoxville, Tennessee)
  • Leasing for high-quality suburban community center, including major leases to new hardware store, new health club, and new outparcel restaurant. (Seattle)
  • Lease with big box user (Dick's Sporting Goods) for shopping center reconfiguration. (Tupelo, Mississippi)
  • Lease for two level Home Depot. (San Juan, Puerto Rico)
  • Refinancing of Kroger grocery store anchored center with multiple layers of sale-leaseback ownership and separate ownership of land and buildings. (Cincinnati)
  • Lease to Kroger during shopping center reconfiguration. (Owensboro, Kentucky)
  • Big box leasing (Walgreens, Office Depot) for ground up suburban center. (Washington, D.C.)
  • Ground up development of power center with inline tenants and outparcels plus hotel pad. (Woodbury, New York)
  • Lease renewal negotiation and resolution of lease-related interpretations and disputes for power center. (Houston, Texas)
  • Analysis of prospective leases issues potentially affecting income stream, tenant obligations, and property value. (locations confidential)
  • Leasing for suburban centers, and associated redevelopment issues and outparcel pad leases. (Cincinnati; Bloomington, Illinois – includes Target cross-easement amendments; Sacramento, California)
  • Counsel to regional restaurant operator regarding lease-related issues. (Colorado, Washington)
Lifestyle Centers
  • Leasing of ground up development of lifestyle center including theater, big box user (Barnes & Noble) and fashion multi-tenant retail and addition of ground lease (for West Elm building), under governmental development agreement, in mixed use development. (San Francisco)
  • Expansion, with big box (Bed Bath & Beyond), grocery (Fresh Market), and inline leasing, plus restaurant and bank outparcel transactions, and expansion related cross easements with neighboring owner, for lifestyle shopping center. (Fort Myers, Florida)
  • Leasing (including Apple, Urban Outfitters) and expansion of fashion center. (Philadelphia)
  • Leasing of ground up suburban fashion center (including Borders and PF Chang). (Philadelphia)
  • Leasing of ground up lifestyle center. (Palm Desert, California)
  • Rehabilitation and fashion oriented remarketing (including Bed Bath & Beyond) of gourmet grocery anchored center. (Columbus, Ohio)
  • Expansion and redevelopment of center with conversion to lifestyle orientation, including renegotiation and termination of existing tenancies and addition of health club use. (Cleveland)
  • Leasing for lifestyle center and associated redevelopment issues and outparcel pad leases (including PF Chang). (Charleston, South Carolina)
  • Leasing for lifestyle centers. (Fort Worth, Texas; Peoria, Illinois; Fort Wayne, Indiana)
  • Leasing of streetscape retail held in multiple ownerships. (Los Angeles)
  • Leasing of multiple quality in-line tenant leases (Anthropologie and affiliates). (Memphis; suburban San Francisco; Fort Worth, Texas; Philadelphia)
  • Ground up development and financing of theater anchored center with outparcels. (Bowie, Maryland)
  • Leasing for transitional shopping center, including major lease to local jurisdiction for visitors center, arts center and reception area. (suburban Dallas)
  • Leasing for lifestyle shopping center, including addition of new Pottery Barn building and negotiation of replacement theater and lifestyle fitness leases, in mixed use project. (Tampa, Florida)
  • Structuring, negotiation and enforcement of lease secured by valuable inventory. (location confidential)
Mixed-Use/Urban Centers and Regional Malls
  • Negotiation of anchor (Target) and sub-anchor (Barnes & Noble, Bed Bath & Beyond, Circuit City, Best Buy) agreements, inline leases, and outparcel restaurant leases for ground up enclosed mall project. (Jonesboro, Arkansas)
  • Conversion of former office building on Union Square to multi-tenant fashion retail (including Nike) and leasing of tenant spaces. (San Francisco)
  • Leasing for downtown mixed use building. (San Francisco)
  • Conversion of downtown former department store building to big box retail including Old Navy 'flagship' store. (Seattle)
  • Counsel to landlords in prospective and actual tenant bankruptcies, including those of Borders, Circuit City, Eddie Bauer, and other national, regional and local tenants.
  • Leasing of streetscape retail in urban mixed use project. (Norwalk, Connecticut)
  • Leasing of office building with streetscape retail. (New York)
  • Leasing for suburban mixed use building. (Boston)
  • Negotiation of Lazarus department store anchor retail lease for downtown project under government development agreement. (Cincinnati)
  • Negotiation of ground lease and government development agreement for riverfront mixed use development project. (Cincinnati)
  • Negotiation of department store termination and conversion of space to multi-tenant retail and office in existing mixed use, high rise project, including cross easements and joint operation agreements with neighboring property and governmental easement agreements. (Cincinnati)
  • Negotiation of fashion anchor retail store lease (Crate & Barrel) for mixed-use project. (Denver)
  • Leasing for department store anchored center with ancillary office building. (Los Angeles)
  • Conversion of former department store building to big box retail (Expo Design, Longs Drug). (Los Angeles)
  • Negotiation of big box lease (Dick's Sporting Goods) in enclosed mall to replace vacated department store. (Lancaster, Pennsylvania)
  • Negotiation of lease amendments (including Nike) for major downtown retail project. (Seattle)
  • Revisions to department store agreements for mall expansion. (Milwaukee)
  • Relocation of theater and renewal of theater leases. (Myrtle Beach, South Carolina)
  • Leasing for regional mall, including replacement theater lease. (Cincinnati)
  • Leasing for urban multilevel specialty center. (Seattle)
Distinctions
  • Listed in Legal 500 in Real Estate, 2011
Professional and Civic

Community Activities

  • Youth Mentor, 1993 to present
  • Walnut Hills High School Sports Boosters, president, 2002 to 2003
  • Kilgour Elementary PTA, president, 1998 to 1999; Building & Grounds, chairman 1993 to 1998; Carnival/Fundraising, chairman; Sports Boosters/Coaching
  • Partner in Education Representative, Eastern Hills School, 1991 to 1994
  • Counsel to Board of Directors, Mount Auburn Good Housing Foundation, 1991 to 1994
  • Yale University, Alumni Schools Committee, Cincinnati 1988 to 1994

Professional Activities

  • Cincinnati Building Owners and Managers Association (BOMA), chapter director, 1994 to 2000
  • Historic Conservation Board - board reviewed all improvements and projects located in city-designated Historic Conservation Districts, City of Cincinnati, member, 1994 to 1998
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