Developers and property owners choose this structure for a variety of reasons.
Ground leases, whereby a commercial developer leases a parcel of land and constructs its improvements on the leased property, have long been used as a vehicle for the development of commercial real estate. Long-term ground leases of publicly owned property have also become a primary tool of governmental and quasi-governmental entities to generate operating income while preserving ownership of valuable assets.
Agenda
Faculty
Craig A. Kepler
Ballard Spahr LLP
- Of Counsel with the law firm of Ballard Spahr LLP
- Practice emphasizes all aspects of commercial real estate, with significant experience in ground leasing, including multiple big box ground lease projects (Lowe’s, Kohl’s, Costco, Wal-Mart, etc.), as well as multiple single-user triple net projects (Carl’s Jr., El Pollo Loco, CVS Pharmacy, etc.)
- Conducts regular seminars and workshops on numerous aspects of real estate law
- Wrote numerous articles concerning real estate transactions
- Admitted to practice in California and Minnesota
- Member of the Real Estate Section of The State Bar of California, and member of the Minnesota State Bar Association’s Legislative Committee, Real Estate Section
- J.D. degree, Wayne State University Law School; B.A. degree, University of Michigan
- Can be contacted at 612-371-3544 or [email protected]
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