For a small or midsize company, a commercial real estate lease, purchase, or sale is often one of the most significant and complicated transactions affecting your bottom line and business operations. The Law Office of Poorvi B. Parkhie offers full legal support to help you navigate the complexities of these critical transactions. We apply over 20 years of extensive practice experience in business, commercial real estate, and finance law to protect your interests, enable you to make fully informed decisions, and ensure clarity and enforceability in every aspect of a lease, sale, or purchase.

Denver-based business attorney Poorvi B. Parkhie has substantial practice background in commercial real estate with a large international law firm and as corporate finance counsel for a Fortune 500 financial services company for nearly a decade. Poorvi draws on her in-depth experience to provide exceptional quality legal support for commercial real estate leases, purchases, and sales. She works efficiently, charges reasonable rates, and provides straightforward, honest advice in a timely manner to help her clients complete these transactions with confidence.

Commercial Real Estate Leases

A commercial real estate lease for office, retail, warehouse, or flex space is a core component of operations for many small and midsize businesses. The Law Office of Poorvi B. Parkhie provides full legal support for these transactions, including drafting, reviewing, and negotiating the terms of the lease.

Commercial leases are extremely complex. The provisions tend to heavily favor the landlord, who typically provides the draft lease. It is critical for a business owner/tenant to fully understand all the terms, especially those relating to restrictions, obligations, and rights regarding use of the property. We explain all the lease terms, including the practical implications on your business operations, and help you to make certain that the property is suitable for your intended purposes.

In addition to informing you about what is in the lease, we also remind you that commercial leases are negotiable. We identify terms in the lease that may be negotiable and can represent you in negotiations with the landlord. Our goal is to make the terms as favorable to you as possible, despite the complexity of the lease and the limits and conditions on use of the property.

Commercial Real Estate Purchase and Sale Agreements

We work with clients throughout the process for purchase or sale of commercial real estate, from initial negotiation through title issues and closing. While most purchase or sale agreements follow a specific framework and timeline, the nature of the property, business goals of the parties, and financing requirements create specialized features for every transaction. In addition, a specific commercial property may be subject to unanticipated restrictions or covenants, complex financial transactions, and other potential issues that need to be addressed.

A Colorado commercial real estate purchase agreement must meet specific legal requirements and include certain elements to be enforceable. Of course, the agreement reflects basic elements of the agreement, including identification of the parties, property description, an agreed purchase price, terms of payment (lump sum, installments, or other financing), amount of deposit and terms of forfeiture or refund, and the closing date and procedures.

In addition, commercial real estate agreements commonly contain contingencies for financing, inspection, appraisal, and zoning and land use. The agreement should also specify a due diligence period for the buyer to investigate the property, review documents, and conduct inspections. Seller and buyer representations are also usually part of a purchase or sale agreement, as are default and remedy provisions. Depending on the circumstances, there may be additional specific provisions in the agreement.

If you count on us for support and representation in a commercial real estate purchase or sale, we work side-by-side with you throughout the process. We draft and review documents, negotiate on your behalf, and resolve any issues that arise. We provide highly competent advice and service throughout the entire transaction, always ensuring that you make fully informed decisions and have confidence in all aspects of the transaction.

Your Partner in Business

Every business owner needs a trusted lawyer who understands their operations and goals and has the experience and knowledge to respond quickly when legal issues arise. For many of our business clients who do not need full-time in-house legal counsel, The Law Office of Poorvi B. Parkhie serves as outside general counsel, a role that includes providing commercial real estate support on an ongoing basis and addressing other legal needs as they arise.

Can We Help You with a Commercial Real Estate Transaction?

We invite you to use our online contact form to schedule a free 30-minute virtual or phone consultation to talk about how we can help you with your commercial real estate needs.