Tara’s recent experience includes representing:

• The master developer of a mixed-use project in Menlo Park, California, consisting of hotel and office uses, as well as structured parking and a health club. The engagement included (i) the negotiation of two leases to Meta of the office portion of the project totaling 750,000 square feet, (ii) the negotiation of a joint venture with a REIT pursuant to which the REIT became a minority investor in the office portion of the development, and (iii) the negotiation of construction and permanent financing of phase one and phase two of the commercial office development.
• An owner-developer in the $800 million syndicated construction financing of three office buildings located in Sunnyvale, California. The three buildings aggregate over 1 million square feet and are fully leased to Meta.
• An owner-developer in a $500 million CMBS financing of three leased office buildings in Menlo Park, California. The buildings are leased to Amazon. The financing consisted of senior secured, senior mezzanine and junior mezzanine tranches.
• An owner-operator in its $145 million sale of a historic landmark building in downtown San Francisco to a New York-based real estate investment company.
• An owner in the acquisition of a multifamily residential project under development in Redwood City, California. Units at the project, when constructed, are expected to be offered in part as below-market-rate units as part of a complicated trade to facilitate the entitlement of a large office development. To accommodate the seller’s tax concerns, the transaction was structured as a lease/option.
• A Bay Area opportunity zone fund focused on ground-up development projects in securing a $56.2 million construction loan for an adaptive reuse development of a mixed-use office and retail space in downtown San Jose.
• An owner-developer in connection with its development of a 54-story mixed-use office tower consisting of 68 high-end residential condominiums atop a 34-story office tower. The new development directly connects to the new San Francisco Transbay Transit Center, which includes a five-story intermodal transit hub topped by an elevated public park. The tower connects to the park via a fifth-floor sky bridge. Our responsibilities included land acquisition financing, construction financing and permanent financing of the project, as well as entitlement work.