Retail & Restaurants

The mature retail and restaurant industries are increasingly subject to competition, low profit margins, and declining availability of a suitable workforce. As a result, retail and restaurant companies are looking to mergers and acquisitions to fuel company growth, spread costs and increase leverage with suppliers to keep costs down. The impact on these companies' real estate portfolios is huge — building or leasing new sites, changing locations and selling less profitable buildings and sites.

Sullivan & Worcester's real estate group represents a diverse mix of retail and restaurant clients in the acquisition, development, financing, construction, leasing and management of real estate projects and portfolios, with assets located throughout the United States. From complex transactions that require advanced legal, business and political skills, to routine matters that call for speed and efficiency, we tailor our services to meet the specific needs of each client. An integral component of this approach has been our belief that we can best serve our clients by understanding their businesses and the markets in which they operate.

Representative Client Work

On-going representation of the largest independent restaurant owner in New England, one of the country's largest supermarket operators and the country's leading retail pet care supplier
Recovered damages for post-acquisition adjustments on behalf of the purchaser of the Osco pharmacy chain
Guided national office supply chain in successfully resolving legal issues arising from proposed assignment and sale or rejection of various shopping center leasehold interests in Delaware bankruptcy case of regional retailer

Practice Profile (PDF)