Jed W. Sonnenshein

Representative experience includes:

• Industrial Developer’s Acquisition of 44 Acres of Freeway Adjacent Land in Adams County, CO for a 3 Building 640,995 SF Spec Project. Responsible for all aspects of transaction including negotiation of a license agreement with local utility providing for a drainage easement in place by prescriptive right and license agreement permitting Seller to remain on property after closing to repurpose 500,000 SF of greenhouse facilities and move out of residences on the property.
• National Homebuilder’s Acquisition of Land for 350-unit Residential Development in Frederick, CO. Identified and developed strategy to deal with the existence of oil and gas pipelines on the property without the benefit of an easement, and to mitigate risks posed by recently discovered environmental contamination.
• Acquisition of 3 Adjacent Parcels with Separate Owners for 40 Acre Logistics and Industrial Complex in Las Vegas, NV. Oversaw all aspects of development of three-building, 750,000-square foot multi-tenant light industrial, warehousing and logistics complex, including negotiation and drafting of multiple purchase agreements, and identification and resolution of myriad title and due diligence issues. Resolved multiple challenges including project’s lack of access to storm sewer facilities, existence of mechanics’ liens on one of the parcels, and CC&R’s that were incompatible with the client’s intended use of the project.
• Negotiation of Lease for Cryptocurrency Startup’s Multi-Floor Headquarters in Downtown Denver Office Building. Lease provided for construction and maintenance of a secure closed access space for air-gapped computers. Renegotiated and drafted the client’s sublease of existing space to a subtenant in another building.
• Disposition and Sale of 22 acres in Jefferson County, CO Business Park to National Multi-Family Developer. Represented Seller in complex sale of an undeveloped parcel within a corporate office park. Transaction involved change and transfer of ownership of Seller entity during sale, and recording five separate amendments to the office park’s covenants, conditions and restrictions to allow for buyer’s ground-up development of 345 unit apartment complex. Amended three different telecom company leases for to allow for relocation of three existing cell towers in order to enlarge building envelope for project and preserve revenue stream to Seller.
• National Bank’s Termination of Ground Lease and Purchase of Fee Interest. Negotiated bank’s termination of ground lease on one of its branches and acquisition of fee-simple interest in the property, as well as negotiated and prepared easement for pneumatic tubes running under the public right-of-way separating the main building from its drive-through ATM.
• Homebuilder’s Acquisition of Nearly 1,000 Single-Family Lots Throughout Colorado. Purchase of all of the Colorado assets of a Utah-based company exiting the Colorado market. Closed 12 complex land acquisitions in 20 months; prepared transactional documents for 15 different subdivisions; and, Determined and documented rights to special district improvement reimbursements.
• Development and Leasing of 3 Ground-Up Industrial Projects. Negotiated and drafted acquisition agreements; resolved title restrictions prohibiting developer’s intended use for projects; and, prepared industrial leases with turnkey buildouts and tenant improvement allowances
• Commercial Leases for Popular Camping Retailer. Negotiated and prepared several leases for all of the company’s North American retail outlet locations. Prepared conventional lease terms, such as detailing operating expense exclusion and special provisions allowing for outdoor sales events utilizing shopping center common area.
• Acquisition of 60 Acres of Land for Marijuana Cultivation Business. Exercised rights awarded in Adams County Marijuana Lot Drawing to apply for one of only 10 building permits for a state-licensed retail marijuana cultivation facility. Advised on complex financing, including non-refundable option payment prior to completing due diligence and leasing property prior to purchase to satisfy state Marijuana Enforcement Division licensing requirement.
• Development of 45-Acre Residential Subdivision in Truckee, CA. Secured all entitlements and approvals; negotiated conservation easement dedicating a portion of the project for public use; and, access easement for adjacent mining operation.