Acquisition and Immediate Sale of Industrial Project

Transact Law, P.C. was retained by an investment company to handle the acquisition of an industrial project, including negotiating the purchase agreement, performing due diligence and securing reasonable financing terms. During escrow, the client received an offer to buy the project at a significantly higher price than the amount it was under contract to pay for the property. The firm was then retained to structure a sales agreement with the new buyer that would not violate any of the terms of the contract to purchase the project, and thereafter to coordinate the two transactions. The initial purchase was achieved, and a later sale by the client occurred resulting in significant profit for the client.