Derek T. Neathery

Derek T. Neathery is a real estate attorney and partner with Quarles & Brady LLP. He is also Vice-Chair of the Real Estate Practice Group. Derek concentrates his practice in the areas of joint ventures, dispositions, acquisitions, leasing, and development.

Derek regularly represents clients in a variety of transactions involving senior housing, office, retail, industrial, hotel, and multifamily assets across the country. His experience also includes the development and sale of mixed-use projects and his clients include private REITs, pension fund advisors, and private equity investors.

He also regularly represents landlords and tenants in a variety of leasing transactions. His experience includes negotiation of pre-construction leases for new office developments and preparation of form leases for landlords of multi-tenant office properties.

Derek's recent experience includes:

• Acquisition of a 182-unit, two property portfolio of independent and assisted senior living facilities located outside Minneapolis, Minnesota, for over $58,000,000 on behalf of a joint venture between a major institutional investor and senior living operator. Representation included negotiation of joint venture agreement, management agreement, and acquisition financing.
• Sale of 180-acre retail center outside of Dallas, Texas, containing over 800,000 square feet of retail space, on behalf of a major institutional investor sponsored REIT, for $170,000,000.
• Acquisition of a 136-unit independent and assisted senior living facility located in the Hyde Park neighborhood of Tampa, Florida, for over $70,000,000 on behalf of a joint venture between a major institutional investor and senior living operator. Representation included negotiation of joint venture agreement, management agreement, and financing.
• Acquisition of a 139-unit independent and assisted senior living facility located outside Minneapolis, Minnesota, for over $50,000,000 on behalf of a joint venture between a major institutional investor and senior living operator. Representation included negotiation of joint venture agreement, management agreement, and financing.
• Sale of 1,000,000 square foot regional retail center in Fairview, Texas, for over $65,000,000 on behalf of a private REIT.
• Representation of a landlord in all leases for a 240,000 square foot office project developed in Raleigh, North Carolina, including all pre-construction leasing required to commence development.
• Representation of landlord in all leases for a 750,000 square foot office building in Chicago, Illinois, owned by major institutional investor.