News: Owners Developers & Managers

Hershfield of Greenberg Traurig, LLP represents 311 Summer Street, LLC in building sale

311 Summer Street - Boston, MA 311 Summer Street - Boston, MA

Boston, MA Edward Hershfield, a shareholder in the real estate practice group of global law firm Greenberg Traurig, LLP represented 311 Summer Street, LLC in the sale of 311 Summer St., a brick-and-beam office building in the city’s Fort Point neighborhood. Qatar-based investor, Alduwaliya, purchased the core asset in an all-cash transaction. Boston Realty Advisors served as the commercial real estate brokers on the deal. The sale price was not disclosed.

Hershfield represented 311 Summer Street, LLC throughout its ownership of the property, including acquisition and financing of the property. The sale involved working with both the owner and broker on an intensive, streamlined approach to market the property, select a buyer, negotiate sale documents and close the transaction.

With over 25 years of experience, Hershfield represents clients in all aspects of real estate transactions, including acquisitions, financings, restructurings, zoning and land use matters, development and permitting processes, architectural and construction contracts, workouts and dispositions.

His clients include national real estate developers, pension fund advisors, hedge funds, architectural firms, publicly traded corporations, national banks and other institutional lenders.

Greenberg Traurig’s Boston Real Estate Group advises clients in connection with acquisition, financing, development, leasing, operation and disposition of real estate. Clients include a mixture of regional, national and international companies. Lawyers in the group have broad experience and knowledge in skills related to complex land use and environmental issues, office, apartment and retail transactions, and eminent domain disputes, including litigation regarding fair market value, right to take disputes, urban redevelopment issues and relocation. The Boston team is part of the firm’s highly regarded, award-winning national practice. In 2013 and 2010,Greenberg Traurig’s Real Estate Practice received the Chambers USA Award for Excellence.

Established in 1999, Greenberg Traurig’s Boston office is home to more than 65 attorneys practicing in the areas of corporate, emerging technology, energy, governmental affairs, healthcare, intellectual property, labor and employment, life sciences and medical technology, litigation, public finance, real estate, and securities. An important contributor to the firm's international platform, the Boston office includes a team of nationally recognized attorneys with both public and private sector experience. The team offers clients the value of decades of legal experience and hands-on knowledge of the local business community, supported by the firm's vast network of global resources.

Greenberg Traurig, LLP is an international, multi-practice law firm with 2,000 attorneys serving clients from 38 offices in the United States, Latin America, Europe, Asia, and the Middle East. The firm is No. 1 on the 2015 Law360 Most Charitable Firms list, second largest in the U.S. on the 2016 Law360 400, Top 20 on the 2015 Am Law Global 100, and among the 2015 BTI Brand Elite. 

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