Gary A. Glick

Partner

Overview

Gary specializes in shopping center development and retail, office and industrial leasing, generally representing shopping center, office, and industrial developers, as well as major retailers.

Retail Development And Commercial Leasing Experience

Gary has represented major shopping center developers in the negotiation of leases with almost every national, regional and local retailer doing business in the Western United States. As a result, he has been involved in negotiations of reciprocal easements agreements (REAs) and development agreements with nearly every "big box" retailer in the United States (e.g., Target, Wal-Mart, Costco, Sam's Club, Kohl's, Home Depot and Lowe's). In addition, Gary's practice involves the representation of clients in connection with the acquisition of land for development and the acquisition and disposition of major shopping center and commercial developments. He is skilled at the negotiation and drafting of every agreement necessary in connection with the acquisition, development, leasing, and disposition of a shopping center. He has also represented major retailers in connection with virtually every facet of leasing or purchasing land for retail operations. In addition, Mr. Glick has represented office developers and major office tenants in the negotiation of significant office leases. He is a frequent lecturer on the subject of retail development and commercial leasing and has spoken at numerous seminars and conferences, including conferences sponsored by the International Conference of Shopping Centers and the California Continuing Education of the Bar.  Mr. Glick is also frequently interviewed by the media on issues related to retail and commercial development.

Nationally Recognized In The Retail Industry

Gary is nationally recognized as one of the premier retail transactional attorneys by his clients and peers. He has also been extremely involved in the International Council of Shopping Centers (ICSC), the retail industry's most prominent trade group. In June 2013, ICSC honored him with the prestigious 2013 Trustees Distinguished Service Award for his commitment to the retail industry.

Representative
Matters

Represents the developer in connection with the leasing of a 500,000 square foot Target-anchored shopping center in Northern California.

Represented the developer in connection with the acquisition of 55 acres of land in Northern California. Represented the same developer in connection with the sale of a portion of the land to Target (which involved the negotiation of a Purchase Agreement, Reciprocal Easement Agreement and Development Agreement, and the sale of a portion of the land to a multi-family developer (which also involved the negotiation of an Agreement of Covenants, Conditions and Restrictions and Grants of Easements)).

Represented a major Southern California retail developer in connection with the acquisition and disposition of retail developments in California valued at $500 million. Continue to represent the developer in connection with a substantial number of its acquisitions and dispositions.

Represented a major Southern California retail developer in connection with over 750,000 square feet of retail leasing in the Western United States. Continue to represent the developer in connection with all of it leasing transactions.

Represented the developer in connection with the approximately $100 million disposition of a retail project in Northern California.

Represented the developer in connection with the approximately $100 million acquisition of an existing shopping center in Oregon containing approximately 660 thousand square feet of retail space.

Represented the developer in connection with all documents required in connection with the development of a Target/Lowe's-anchored shopping center in Southern California.

Represented the developer in connection with the approximately $90 million acquisition of land aggregating approximately 62 acres in Mira Mesa, California, which was developed as a shopping center. Involvement also included representation in connection with acquisition of mitigation properties and negotiation and preparation of City reimbursement agreements relating to infrastructure improvements. Prior to (and following) closing, representation included negotiating leases and parcel sales for the shopping center on behalf of the landowner, including leases and sales with national and regional retailers such as The Home Depot, Edward's Cinema's, Albertson's, and Ross Dress For Less.

Represented the developer in connection with the acquisition of raw land in Northern California for approximately $80 million and the subsequent development and leasing of the what is now an approximately 500,000 square foot Target-anchored shopping center.

Represented the developer in connection with the approximately $50 million disposition of a retail/commercial project in Northern California.

Represented the developer in connection with the approximately $10 million disposition of a master ground leased retail/commercial project in Northern California.

Represented the developer in connection with the approximately $9 million acquisition of land for the construction of an office building and multi-family housing units in Northern California.

Represented the developer in connection with the disposition of a 50% interest in a major regional mall in Southern California and the negotiation of a related joint venture and property management agreement.

Represented the developer in connection with the acquisition of an existing lifestyle shopping center in Northern California containing approximately 100,000 square feet of retail space. Also assisted in the subsequent leasing of the shopping center.

Represented the developer in connection with the sale and acquisition of numerous unimproved properties in the Central Valley of California for the development of approximately 10 shopping centers. Assisting in the development and leasing of all of the shopping centers.

Represented a major Southern California retail developer in connection with the leasing of a major destination lifestyle center in the City of Los Angeles.

Represented a major Southern California retail developer in connection with over 500,000 square feet of retail leasing in the Inland Empire. Continue to represent the developer in connection numerous of its leasing transactions.

Represented office developers and office tenants in the leasing of over 500,000 square feet of office space.

Publications &
Speaking Engagements

Recent Speaking Engagements

“The Growing Convergence of Retail and Mixed Use: The Opportunities and Potential Pitfalls in Today’s Market”, 2007 Real Share Real Estate Conference, March 27, 2007;

“Retail Anchors Away – What Happens When the Lights Go Out?  Lease and REA Issues, Re-Tenanting and Market Realities, USC Gould School of Law, Los Angeles County Bar Association, Benjamin S. Crocker Symposium on Real Estate Law and Business 2006, April 19, 2006;

“Retail Trends: Who Moved My Cheese?”, ICSC Southern California Idea Exchange and Alliance Program, February, 2005;

“Back to Basics: A Case Study in Developing and Managing a Shopping Center”, ICSC Long Beach Conference, November, 2003;

“Roll Modeling for Success”, ICSC Los Angeles Next Generation, October, 2003;

“Crafting the Lease Transaction”, ICSC Southern California Idea Exchange, February, 2001;

“Fundamentals of Leasing:  Use, Trade Name, Radius, and Assignment,” ICSC U.S. Shopping Center Law Conference, October, 2000;

“Retail’s Response to e-Commerce,” UCLA Extension-Los Angeles Times 2000 Real Estate Forecast, January, 2000;

“Retailers Move to Urban Infill Locations,” ICSC Alliance Program, November, 1999;

“Developing Outside of the Envelope:  Visionary Developers Share their Creative Sides,” ICSC Southern California Idea Exchange, March, 1998;

“Exploring the Complexities of Commercial Leasing:  A Walkabout with the Pros,” Los Angeles County Bar Association Benjamin S. Crocker Symposium, April, 1997;

“Letters of Intent in Real Estate Transactions:  What To Do And What To Avoid,” Los Angeles County Bar Association, June, 1996;

“Commercial Leasing-Current Developments,” Los Angeles County Bar Association Benjamin S. Crocker Symposium, March, 1992;

“Selected Issues in Commercial Lease Practice,” CEB 9th Annual Real Property Practice Institute, February, 1992;

“Reciprocal Easement Agreements (REAs), Covenants, Conditions and Restrictions (CC&Rs), and Development Agreements,” CEB 7th Annual Real Property Practice Institute, February, 1990;

“Real Estate Finance,” Urban Land Institute - Real Estate Development School, June, 1989;

“Negotiating and Drafting Commercial Real Estate Leases,” Institute for International Research, 1988, 1989, 1990 and 1991;

“Lease Negotiation Strategies and Proposal Writing Techniques,” NAIOP Office Development Course, April, 1989;

“Insurance and Liability:  Risk Assessment and Management Issues for Owners and Managers,” Building Owners and Managers Association, April, 1989;

“Leasing and Selling to Majors - Dealing With and Balancing Operating Covenants,” International Council of Shopping Centers - Southern California Conference, September, 1988;

“Structuring and Negotiating the Latest Business Terms in Retail Leases,” Northwest Center for Professional Education First Annual Marketing and Leasing Commercial Properties Conference, June, 1988;

“Lease Negotiations,” NAIOP - 1988 Annual Office Property Conference, November, 1988;

“Preparing for the Takeout Loan,” International Council of Shopping Centers Western Regional Idea Exchange, July, 1987; and

“Fundamentals of Real Property Practice,” CEB, University of California, February, 1986.

Awards &
Affiliations

Awards & Recognition

  • Recipient of 2013 International Council of Shopping Centers Trustees Distinguished Service Award
  • Southern California Super Lawyer, 2004-2014
  • Best Lawyers, 2003-2014
  • Selected as one of 40 attorneys in Los Angeles Business Journal's "Who's Who in Law: Angelenos to Know in Real Estate Law," 2013

Professional Affiliations

  • International Council of Shopping Centers (ICSC)
  • Western Division Government Relations Committee, International Council of Shopping Centers (ICSC),Chairman, 2003-2006
  • Southern California Government Relations Committee, International Council of Shopping Centers (ICSC), Chairman, 2000-2002
  • Southern California State Director, ICSC Western Division, International Council of Shopping Centers (ICSC), 1996-1999
  • Western Division Conference Program Planning Committee, International Council of Shopping Centers (ICSC),Chairman, 1994-1995
  • Southern California Idea Exchange Program Planning Committee, International Council of Shopping Centers (ICSC), Chairman, 1991-1993

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PRACTICE AREAS

Bar and Court Admissions

  • State Bar of California

Education

  • J.D., Loyola Law School, Los Angeles, 1979
  • B.A., University of Rochester, 1976, cum laude
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