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Description of Practice:
Michael McFadden serves as the Chairman of the firm's Century City Real Estate Group. In addition, Michael is an Advisory Board Member for the Ziman Center for Real Estate at UCLA, and was named a "Rising Star" in Los Angeles County by Los Angeles Magazine in 2007. Michael concentrates his practice in real estate transactions, specifically the development, leasing and ongoing management of office, retail, industrial and mixed-use projects. His practice includes the representation of landlord, tenant, sellers, buyers, developers and other users of real estate. In addition to commercial lease transactions, Michael negotiates and documents other types of real estate transactions, including build-to-suit transactions, purchase and sale transactions and various agreements governing the delivery of cutting-edge telecommunications services to tenants and other users. He is also one of the most experienced lawyers in California in connection with arbitrating fair market rental values. Michael regularly represents some of the largest national land owners, including Blackstone Real Estate, CarrAmerica Realty, Beacon Capital Partners, Maguire Properties, Kamehameha Schools (The Bishop Estate), Boston Properties, Equity Office Partners and Kilroy Realty, Inc., and some of the largest tenants in Southern California, including the Los Angeles Unified School District, The Walt Disney Company and the Los Angeles Times.
Mr. McFadden's recently completed transactions/dispute resolutions include the following:
Performed extensive real estate services in connection with Blackstone Real Estate's purchase for $43 billion of Equity Office Properties Trust.
Twice (first in 2003 and again in 2007) successfully represented Transpacific Development Company ("TDC") in arbitration between TDC (landlord) and Sony Pictures Entertainment (tenant) to determine the five-year fair rental value of a 328,000 square foot office building in Culver City.
Represented Boston Properties in its lease of approximately 150,000 square feet at "Three Embarcadero Center" to Bingham McCutchen, LLP in San Francisco, California.
Represented Boston Properties, Inc. in the lease of 300,000 square feet to Genetech Inc. in South San Francisco.
Represented Transpacific Development Corporation in its sale of "Lake Merritt Plaza" in Oakland, California to Beacon Capital Partners for approximately $150,000,000.
Represented Boston Properties in its lease of approximately 125,000 square feet at "Three Embarcadero Center" to Howard, Rice, Nemerovski, Canady, Falk & Rabkin in San Francisco, California.
Represented Boston Properties Company in its sale of "Embarcadero Center West" to Teachers Insurance for in excess of $200,000,000.
Represented Kilroy Realty Corporation in its lease to Intuit of over 400,000 square feet in San Diego, California (one of the largest build-to-suit leases in California in 2005).
Represented J. P. Morgan and McCarthy Cook & Company in its purchase of "Trident Center" in West Los Angeles, California.
Successfully represented Beacon Capital Partners (landlord) in an arbitration with Citigroup North America Inc. (tenant) to determine the five-year fair rental value of approximately 110,000 square feet of space located at One Sansome Street, San Francisco, California.
Represented CarrAmerica in its lease of three (3) office building totaling approximately 500,000 square feet to Cisco in Milpitas, California.
Successfully represented City of Richmond, California (tenant) against Marina Westshore Partners, LLC (landlord), in connection with the arbitration of the fair market rental value for property located at 1401 Marina Way South, Richmond, California.
Represented The Walt Disney Company in its sale of "The Burbank Centre" in Burbank, California to The Worthe Real Estate Group, Inc. for approximately $160,000,000.
Represented Boston Properties in its lease of approximately 175,000 square feet at "Two Embarcadero Center" to O'Melveny & Meyers in San Francisco, California.
Represented Kilroy Realty, Inc. in connection with its lease of approximately 300,000 square feet at "Kilroy Sabre Springs" to Bridgepoint Education, Inc., in San Diego, California.
Represented Lincoln Property Company in connection with its lease of three buildings at "Corporate Center Calabasas" to Ixia, in Calabasas, California.
Represented Maguire Properties (landlord) in connection Wells Fargo Bank's (tenant) renewal of two leases totaling over 400,000 square feet at "Wells Fargo Center", in Denver, Colorado.
Represented Transpacific Development Corporation in its sale of "Pacific Park Plaza" in Honolulu, Hawaii to ScanlanKemperBard Companies, LLC, for in excess of $85,000,000.
Michael has participated on the following panels:
Real Property Law Section of the State Bar of California, 22nd Annual Retreat (2003)
Pre-Bankruptcy Workouts with Troubled Tenants: Making Sure Landlords Get Silver, When There is No Longer Any Hope for Gold. Napa Valley, CA
State Bar of California, 79th Annual Meeting (2006)
Recent Developments in California Real Property Law. Monterey, CA
BOMA Westside, Regional Activities Committee (2006)
Emerging Trends in Office Leasing: Beginning of the Tenant Relationship West Los Angeles, CA
Michael has authored or co-authored the following articles:
Credit Enhancements in Commercial Leasing Transactions (LOYOLA OF LOS ANGELES LAW REVIEW, April 2002, Volume 35, Number 3);
Bankruptcy and Lease Credit Enhancements(Chapter 47: CALIFORNIA COMMERCIAL LEASING SERIES; OFFICE LEASING DRAFTING AND NEGOTIATING THE LEASE);
Security and Related Issues (LEASE NEGOTIATION HANDBOOK, Edward Chupack, editor, 2003);
Case Alert Redback Networks, Inc. V. Mayan Networks Corporation (In Re Mayan Networks Corp. 306 B.R 295 (9TH Cir. Bap 2004), CALIFORNIA REAL PROPERTY JOURNAL, Summer 2004, Volume 22, No. 3;
Fast-Moving Deals (COMMERCIAL INVESTMENT REAL ESTATE MAGAZINE - November-December 2005).
The Near Extinction of the Traditional Due Diligence Period; What to Expect and Do if You are a Prospective Buyer in a Competitive Investment Sales Process. THE REAL ESTATE FINANCE JOURNAL, Spring 2006;
A Wise Compromise. COMMERCIAL INVESTMENT REAL ESTATE MAGAZINE, May-June 2006.
Prior to joining Allen Matkins, Michael spent eight years in the U.S. Navy, specializing in the operation, maintenance and repair of satellite communications facilities, and ten years at Hughes Communications Inc. (later, PanAmSat Corporation) as Manager of Telecommunications. He is a member of the State Bar of California, the Los Angeles County Bar Association, and the American Bar Association.
Educational History:
Mr. McFadden received his Juris Doctor degree from Loyola Law School, where he graduated in the top 10% of his class and served as Managing Editor of the Loyola of Los Angeles Law Review and as a member of the St. Thomas More Law Honor Society. He received his Bachelor of Science degree in Information Systems from the University of Redlands. |
