Pursley Friese Torgrimson Helps Obtain $8.7M in Recent Judgments, Settlements and Transactions

Managing Partners Stephanie Friese, Christian F. Torgrimson Moderate Real Estate Bisnow’s Second Annual Atlanta Construction and Development Summit
 
ATLANTA - Feb. 26, 2014 - PRLog -- Pursley Friese Torgrimson, the Atlanta-based law firm that represents commercial real estate and business clients (http://pftlegal.com/whypft/representative-clients/) in transactions and litigation, today announced that the firm recently helped various local and national businesses realize more than $8.7 million in judgments, collections, settlements and transactions. In other firm news, Managing Partners Stephanie Friese and Christian Torgrimson moderated Real Estate Bisnow’s Second Annual Atlanta Construction and Development Summit in Atlanta.

Before the end of the first quarter of 2014, Pursley Friese Torgrimson completed for its clients the following judgments, collections, settlements and transactions:

Private Property Condemned for Governmental Use
Managing Partner Christian Torgrimson, Partner Charles N. Pursley Jr. and Attorney Angela D. Robinson represent private property owners when property is condemned for governmental use. Torgrimson resolved the condemnation of a commercial shopping center for more than double the original offer, resulting in a settlement prior to the filing of litigation. She also successfully negotiated access rights, easement rights and compensation for a commercial office building in a condemnation matter prior to litigation. Commercial Real Estate Women Atlanta recently selected Torgrimson to its exclusive leadership program for 2014. She has been selected by Super Lawyers magazine as a 2014 Georgia Super Lawyer, as one of the Top 100 Lawyers in Georgia, and as one of the Top 50 Women Lawyers in Georgia for 2014.

Pursley and Robinson have settled a condemnation of commercial property with an office building and an outdoor advertising sign for 149% more than the condemnor’s original offer. The attorneys also increased the compensation by 221% for the condemnation of a vacant commercial property. Pursley led the settlement of related commercial property for 158% more than the condemnor’s offer. He is among The Best Lawyers in America (2014) for eminent domain and condemnation law and was selected by Super Lawyers magazine as a Georgia Super Lawyer for 2014. Robinson is a member of the Urban Land Institute Atlanta’s Center for Leadership Class of 2014.

Real Estate Acquisition, Disposition, Leasing Transactions
Pursley Friese Torgrimson helps real estate developers and investors maximize return on investment through property acquisition, disposition and leasing. The firm also works with lending institutions of all sizes that require representation related to closings, acquisitions, workouts and foreclosures. Managing Partner Stephanie Friese effectively negotiated a 15,000-square-foot office lease in the Cumberland/Galleria Atlanta submarket on behalf of a tenant. Super Lawyers magazine recently named Friese a Rising Star in Georgia for 2014.

Friese and Attorney Christine Norstadt negotiated a 15,000-square-foot office lease in Maitland, Fla., on behalf of a publicly traded tenant. The two attorneys also represented a group of heirs in a quiet title action involving 36 acres of raw land for which action commenced in 2000. After 13 years of litigating title to the property, the Superior Court of Jones County issued an order granting title to the firm’s client for the 36 acres. Last month, Friese and Norstadt represented the same client in the sale of the property, overseeing the court’s distribution of the ale proceeds to the client.

Attorney Lou Papera recently helped facilitate a leasing transaction involving more than 125,000 square feet of office space comprising three related leases including a renewal of office space of more than 90,000 square feet plus two new leases for more than 27,000 square feet and 9,000 square feet, respectively. His client’s real estate transaction was featured among Atlanta’s Top 10 Office Leases in 2013 by Real Estate Bisnow Atlanta (http://www.bisnow.com/commercial-real-estate/atlanta/577-550-pharr-office-then-apartment-then-back-again/). Papera also completed 34,124 square feet in other separate leasing transactions for landlords and tenants. Plus, Paralegal Van Clements conducted a detailed lease-abstracting project for a national, publicly traded corporate client, consisting of office and industrial leases for five properties totaling 740,433 square feet in Florida.

In event news, Friese and Torgrimson joined expert panelists during Real Estate Bisnow’s Second Annual Atlanta Construction and Development Summit earlier this month in Atlanta. As moderators, Friese and Torgrimson helped break down various Atlanta neighborhoods poised for growth and discussed what it takes to get a new project off the ground related to new development and construction methods, financing strategies, construction costs and building designs.

Pursley Friese Torgrimson advocates for businesses of all sizes on real estate matters that are transactional or involve litigation. Contact a member of the commercial real estate law firm to discuss your real estate business challenge at 404-876-4880.

About Pursley Friese Torgrimson LLP
Legal excellence is one of the reasons why businesses and real property owners choose Pursley Friese Torgrimson. Pursley Friese Torgrimson applies strategic insight to achieve meaningful results for businesses and the real estate community in the United States. The firm’s business-oriented approach is practical and fiscally responsible in resolving challenges that are transactional or involve litigation at trial or alternative dispute resolution.

The women-owned, women-managed law firm advocates on behalf of businesses and property owners, corporate real estate executives, real property investors and brokers, landlords, tenants, franchisors/franchisees, property managers and brokers as well as financial lending institutions.

U.S. News & World Report ranks Pursley Friese Torgrimson among the nation’s Best Law Firms for 2014; the peer-review publication Best Lawyers® ranks the firm’s attorneys among the nation’s Best Lawyers in America for eminent domain and condemnation; and the firm is recognized as one of Atlanta’s “Best and Brightest Companies to Work For” according to the National Association for Business Resources, which identifies and honors organizations that demonstrate a commitment to excellence in their human resource practices and employee enrichment. Contact Pursley Friese Torgrimson at 404-876-4880 or info@pftlegal.com.

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Tags:Eminent Domain Law, Commercial Real Estate, Condemnation, Property Owners, Real Property Law
Industry:Legal, Real Estate
Location:Atlanta - Georgia - United States
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