Robert J. Sykes

Partner

Overview

Bob handles real estate transactions of all sizes on a national basis, representing retail, industrial, office, medical, and multi-family residential developers and owners in a wide range of projects. Bob's practice focuses on property acquisition, finance, development (including redevelopment), leasing, and construction. He has been responsible for the acquisition, development, and leasing for numerous shopping centers, offices, industrial, apartments, and mixed-use urban development projects throughout California.

Prior to becoming an attorney, Bob was a CPA for Deloitte & Touche in Seattle, Washington, and Los Angeles, California, and worked in property acquisition and finance for two real estate developers/syndicators. He still holds a Certified Public Accountant license. In the community, Bob used his real estate legal background to negotiate the acquisition and finance documents to open a new junior high and second elementary school campus for Stoneybrooke Christian Schools in Ladera Ranch.

Commercial Lease Transactions

Bob has drafted and negotiated commercial leases for developers and owners totaling more than 25 million square feet of commercial space, including many major tenant leases of more than 100,000 square feet. Bob has extensive experience in drafting and negotiating major tenant retail, office, and industrial leases, ground leases, build-to-suit leases, all types of retail leases including anchor tenant, restaurant, pad and shop leases, supermarket leases, theater leases, health club leases, sublease/assignment issues, and lease dispute resolutions and workouts.

Purchase And Sale, Finance, And Joint Venture Transactions

Bob has extensive experience in efficiently structuring, negotiating, documenting and closing the purchase and sale of all types of real estate assets, including office, industrial, multi-family, and retail properties. In addition, Bob regularly represents borrowers in negotiating, documenting, and closing complex real estate secured financing transactions. Bob has closed the purchase, sale and/or financing of more than $1 billion in properties and loans. Moreover, he is often involved in analyzing, structuring, negotiating, and documenting a wide range of joint venture transactions, including those relating to the acquisition, ownership and development of all types of real estate assets. 

CC&Rs, Construction Contracts, And Other Agreements For Commercial Real Estate

Bob also handles REAs, CC&Rs, construction contracts, architects agreements, redevelopment disposition and development agreements, owner participation agreements, and other critical redevelopment documents.

LEED And Sustainable Development

Critical to today's environmentally conscious developer and building owner, Bob has his Leadership in Energy and Environmental Design® Accredited Professional (LEED AP) designation by the United States Green Building Council (USGBC). Bob joins a select group of attorneys nationwide who have recognized the significance of "green" building trends in the future of the building industry. He understands the LEED certification process, and has developed "green" leases that incorporate the relevant LEED or green building code and operations requirements.

Representative
Matters

Commercial Lease Transactions

Ongoing representation of an owner of over 70 retail properties, totaling in excess of 10 million square feet in the Western United States, in substantially all lease transactions.

Ongoing representation of a developer of over 2.5 million square feet of shopping centers, in substantially all leases transactions.

Represented a full service real estate investment and management company in the leasing of a diverse portfolio of office and industrial properties in the Pacific Northwest.

Completed leases with numerous national and regional retail tenants, including Target, Wal-Mart, Best Buy, Lowe's Home Improvement, Home Depot, Bed Bath & Beyond, Barnes & Noble, Petsmart, Kohl's, Ross Dress for Less, Vons, Ralphs, Whole Foods, Staples, Office Depot, OfficeMax, L.A. Fitness, Regal Cinemas, AMC Theatres, HomeGoods, Toys R Us, Babies R Us, and buybuy Baby.

Represented a major retail tenant in the lease of a 750,000 square foot distribution facility in Mira Loma, California.

Purchase And Sale, Finance, And Joint Venture Transactions

Represented a purchaser in acquisition and financing for a 1.4 million square foot office and industrial project adjacent to the Hawthorne Airport in the City of Hawthorne, California.

Represented the owners of 400,000 square foot shopping center and adjacent undeveloped parcels in the negotiation of joint venture agreements and sale of limited liability company interests to a national real estate investment trust in a transaction valued at over $220 million.

Represented a borrower in securitized loan transaction totaling $175 million.

Represented an investment company in the acquisition, financing, and sale of multi-family residential properties totaling over 1,000 units.

Represented a developer in land acquisition, financing, development, and sale of a 380,000 square foot mixed-use office complex, consisting of one six-story office building, two three-story office buildings, one single-story office building, and a self-storage facility in the City of Corona.

Represented a developer in land acquisition, development and leasing of a 96,000 square foot office complex, consisting of one three-story office building and seven single-story office buildings on 9 acres of land adjacent the Ontario International Airport, Ontario, California.

Represented a developer in land acquisition, development, and leasing of two three-story office buildings totaling 130,000 square feet, located adjacent the intersection of the 91 Freeway and Interstate 15 in the City of Corona.

Represented a developer in property acquisition, development, sale, and leasing of a 123,000 square foot property, consisting of 22 buildings, mixed-use retail, automobile service, and an industrial business park, located at the intersection of Jamboree and Edinger Avenue in the City of Tustin.

CC&Rs, Construction Contracts And Other Agreements For Commercial Real Estate

Prepared commercial CC&R's for numerous shopping center, office, and industrial properties.

Represented owners and developers in numerous construction contracts and architects agreements for shopping center, office, and industrial properties.

Represented a developer in the negotiation of Disposition and Development Agreement for the redevelopment of a 270,000 square foot shopping center in the City of Anaheim, California.

Represented developers in the negotiation of Disposition and Development Agreements for mixed-use redevelopment projects in the Cities of Vista, Modesto, and Stockton, California.

LEED And Sustainable Development

Developed form "green" lease for a LEED certified office building in San Francisco, California.

Publications &
Speaking Engagements

Publications

Consultant, Retail Leasing: Drafting And Negotiating The Lease, A Comprehensive Two-Volume Manual On Drafting And Negotiating Retail Leases, The California Continuing Education Of The Bar (CEB)

Author/Co-Author Of The Following Chapters:  Percentage Rent, Assignment And Subletting, Letters Of Intent, Options To Extend Lease Term, And Late Payments, Retail Leasing: Drafting And Negotiating The Lease, The California Continuing Education Of The Bar (CEB)

Consultant, Office Leasing: Drafting And Negotiating The Lease, A Two-Volume Manual On Drafting And Negotiating Office Leases, The California Continuing Education Of The Bar (CEB)

2014 Fifth Annual Retail Perspectives Forecast, Cox, Castle & Nicholson LLP Retail Perspectives, 1/30/2014

New California Premises Accessibility And Energy Use Disclosure Requirements, Retail Law Strategist - Volume 13, Issue 3, Fall 2013, 9/1/2013

Negotiating Retail Ground Leases, Negotiating Assignment And Sublease Provisions In Retail Leases, The Changing Nature Of Percentage Rent Clauses In Retail Leases, Consider Your Options: Commercial Lease Extension Strategies, Protecting The 'Mom And Pop' Tenant Without Blowing The Deal, Retail Tenant Exit Strategies Taking The Mystery Out Of Title Insurance Endorsements, CEB Real Property Law Reporter

A Practical Guide To Using Letters Of Intent In Real Estate Transactions, California State Bar's Real Property Law Journal

Nonresidential Building Energy Use Disclosure Requirements To Take Effect, CCN Client Alert, 6/5/2013

California Seeks to Limit 'Drive-By' ADA Lawsuits: Part 2, Retail Law Strategist, 12/3/2012

Financing Options Exist For Sustainable Retrofits, Globe St., 7/25/2012

California Leading The Way To Green, Shopping Center Business, 6/1/2011

CALGreen: A Landmark Law that Mandates Only Modest Change, Green Perspectives, 4/1/2011

Allen Matkins And Cox Castle Negotiate $40 Million Hawthorne Purchase, Daily Journal, 5/20/2010

The "Greening" Of Development (Part 2 Of 2): A Primer On The New LEED 2009 Project And Store Certification Rating Systems, CCN Retail Perspectives, 5/20/2010

Pacesetters - Southern People, California Real Estate Journal, 3/15/2010

2009 ICSC RetailGreen Conference: There's Green in Going Green, CCN Client Alert, 12/21/2009

Negotiating Strategies For Landlords: Handling Rent Modifications In The Current Economic Downturn, CCN Retail Perspectives, 4/16/2009

The ‘Greening’ Of Development, CCN Retail Perspectives, 1/5/2009

Agree On Details Of Dual Homeownership Before The Purchase, The Orange County Register

Form & Substance (A Guide To Broker Form Purchase Agreements), California Real Estate Journal

Configuring The Shopping Center: Flexibility V. Stability, Commercial Leasing Law & Strategy

Speaking Engagements

Awards &
Affiliations

Professional Affiliations

  • International Council of Shopping Centers (ICSC)
  • NAIOP - The Commercial Real Estate Development Association
  • Retail Law Strategist, Contributing Editor
  • Certified Public Accountant
  • Leadership in Energy and Environmental Design® Accredited Professional (LEED AP)
  • Orange County Chapter of the U.S. Green Building Council

PRACTICE AREAS

Bar and Court Admissions

  • State Bar of California

Education

  • J.D., University of California, Los Angeles School of Law, 1990, Order of the Coif
  • B.B.A., University of Washington, 1982, magna cum laude