Acquisitions & Dispositions

Kelliher & Salzer represents small to large business owners, commercial real estate developers, property management companies, private equity advisors and investors who are acquiring and selling property throughout the United States. The size and class of property is wide-ranging, and includes:

  • multi-family housing projects,
  • office buildings,
  • retail shopping centers, and
  • distribution centers.

We assist clients in the preparation, review, and negotiation of purchase and sale agreements, ground leases, easement agreements, joint venture agreements and more.  Our experience covers both single-asset or multi-property transactions.  In addition, we routinely review and negotiate financial documents associated with the acquisition or disposition of real property.


We guide owners, tenants, developers, and lenders through complex real estate development projects throughout the country. Our experience includes a deep understanding of the finer details of acquiring land and planning for its subsequent development, finance/refinance, and/or rehabilitation.

Our lawyers also advise clients regarding tax credit strategies and other cost-saving techniques when planning the acquisition and/or development of land. We have represented big box retailers in connection with land assembly and development projects, as well as provided counsel to public-private partnerships and to clients seeking governmental inducements for their projects.


We represent borrowers and financial institutions in a wide range of mortgage financing transactions, including:

  • acquisition and bridge loans,
  • construction loans,
  • loan assumptions,
  • permanent loans, and
  • ground lease and sale-leaseback transactions.

Examples of our financing experience include representing:

  • a large, Maryland developer re-financing mixed-use, office and retail properties in its portfolio;
  • local small business owners acquiring land and buildings
  • an investor group securing a construction loan for the development of private student housing at a State university;
  • regional banks lending money to business owners for the acquisition or redevelopment of their properties;
  • an investor group with respect to a loan modification agreement and the subsequent refinance of a marquee office building and;
  • a large developer of low income housing projects, including acquisition and bond financing.


Our firm has extensive and diverse experience in commercial leasing transactions.  We represent tenants, landlords, property and retail management companies of all sizes in negotiating leases of office, retail, and industrial space. We regularly help clients consider alternative leasing options, and negotiate subleases and surrender agreements on their behalf.

Examples of our leasing experience include representing:

  • a Fortune 100 defense contractor in its leasing needs at sites throughout the United States and abroad;
  • one of the largest owners of commercial real estate in the United States by negotiating leases, with anchor and in-line tenants, in connection with its redevelopment of a shopping mall;
  • small business owners negotiating leases for retail and office spaces;
  • institutional clients and publicly-traded companies with respect to their office, warehouse, and industrial leasing needs; and
  • local office building owner negotiating leases for its buildings