Blaine Commercial Real Estate Lawyer

Blaine Commercial Real Estate Attorney

Navigating commercial real estate transactions can be complex. From zoning disputes to property codes, commercial real estate is full of nuance and negotiations, which usually require the aid of a skilled Blaine commercial real estate lawyer. Whether your company is looking to buy, sell, lease, or finance, a skilled attorney can work to meet the legal requirements of the process. They can also file all necessary documents quickly and efficiently.

Whether you are new to the real estate market or a seasoned professional, Trek & Trust Law can counsel you. We are not your typical law firm; we are a small team of humble professionals who believe in making these complex matters simple for you. We take the time (as we operate by appointment only) to meet with our clients and focus on what they need.

How We Can Meet Your Minnesota Commercial Real Estate Needs

Our commercial real estate services are designed to address your needs and concerns throughout your transaction. We offer comprehensive representation, which we can personalize to your buying and selling needs. Our team can:

• Review zoning laws and use regulations.
• Draft contracts and review existing ones. These include real estate development agreements, purchase agreements, deeds, options, licenses, and leases.
• Obtain title insurance.
• Perform a title examination.
• Represent you in title disputes at the Anoka County District Court.
• Oversee property financing and liens.
• Explore finance options and possible tax implications.
• Review environmental concerns, encroachments, easements, and eminent domain.

We understand the many obstacles you may face during this process. It is important to protect your investment and understand any risks you may face if you are looking to purchase or lease. The attorneys at Trek & Trust Law can draft and review contracts to make sure everything aligns with local and state commercial real estate laws in Blaine.

What Your Company Should Do to Prepare for a Real Estate Purchase in Blaine, MN

Blaine is home to 1,400 businesses and 11 industrial parks. Even in such a business-friendly environment, there are many important legal considerations if you are planning to purchase commercial property in Minnesota. Hire a commercial real estate lawyer to provide counsel on these and other important matters:

1. Compatibility with your business needs and objectives. Prior to purchasing commercial property, it is crucial to understand how the space or land will work with your intended business. Consider the location, and make sure the property suits your business goals. Zoning laws may not allow you to use a certain property in the way you intended.
2. Local business conditions. The Blaine Economic Development Division is dedicated to helping businesses grow in Blaine. Our team can also review your plans for any legal issues that you may encounter as you set up or expand your operations.
3. Determine your finance options. If your company needs to finance this purchase, you should have your attorney examine any financial agreements you make.
4. Make sure all necessary documents are in order. Trek & Trust Law can review financial statements and business plans to make sure your company can make a successful purchase.

Why Choose Us for Commercial Real Estate Cases?

A Blaine commercial real estate attorney can provide insightful guidance for your current situation. Trek & Trust Law has been helping clients in Blaine for many years. We deeply care about the success of our community and like to see businesses establish and thrive. We can review and draft your business plan, navigate contracts for purchase/lease agreements, and represent you through negotiations should a dispute come up. No matter what problem arises, we can protect you.

FAQs

How Much Does a Commercial Real Estate Lawyer Cost in Minnesota?

The cost of hiring a commercial real estate lawyer will vary based on the complexity of the transaction, the attorney’s experience, location, and fee schedule used. Some attorneys may charge hourly rates, depending on your needs, while others may charge a flat fee for certain services, such as handling a standard closing. Despite the cost, having a lawyer on your side can often save you money overall by providing strong legal protection. They also offer unbiased advice to advance your goals.

What Should I Do If a Lease Conflict Arises?

If a conflict should arise during your commercial lease process, you should review the lease agreement and document everything. It is important to keep communication in writing and hire a real estate attorney to negotiate on your behalf. By seeking legal representation early in the process, we can review all documents, gather evidence, and negotiate to avoid any costly litigation. Our team at Trek & Trust Law can assert your rights throughout your case.

What Should Be Disclosed in a Commercial Purchase Agreement?

A well-drafted purchase agreement should clearly define all terms and safeguard your interests as either a purchaser or seller. Agreements should include a property description, the purchase price, the earnest money amount (if applicable), and the intended closing date.

A lawyer can review this document for any contingency clauses involving financing, inspections, and appraisals that need to be done prior to closing. It is also important to outline any seller warranties regarding recent improvements to the property and its current condition.

What Is the Biggest Problem in Commercial Real Estate?

The biggest current problem that commercial real estate is facing is higher interest rates and tighter lending. Due to hundreds of billions in commercial real estate loans maturing, lenders have put stricter rules in place to restrict lending for new projects. This, coupled with economic uncertainty, has caused shifts in consumer spending. These issues have made investors cautious about lending to new businesses.

Hire a Commercial Real Estate Lawyer

Trek & Trust Law can help your business succeed. Our team represents clients in Blaine and the surrounding areas. We love and value our community, so we enjoy working with longstanding area companies, along with assisting new businesses that are looking to establish and bring services to the area. Contact us today to schedule a consultation about your commercial real estate needs.