Commercial Real Estate Closings in North Texas
Closings For Offices, Retail, and Land
Commercial real estate closing needs in Allen require a steady hand and clear communication. Aaron C. Lee Law Firm coordinates lenders, title, surveyors, and parties so your office condo, retail bay, or development tract closes on time and on budget.
Pre-Closing Due Diligence
We review
title commitments for access and restrictions, confirm survey and legal descriptions, and track environmental and
zoning items. Estoppels, SNDA agreements, and landlord consents are collected and checked against the contract. Our timelines keep diligence moving.
Closing Document Preparation
Expect heavier document sets with commercial loans and multiple entities. We prepare or review assignments of leases, bills of sale, rent prorations, corporate resolutions, and closing statements. Signatories sign in the correct capacity and lender conditions are met.
Closing Day Execution
We verify wires, confirm payoff and estoppel accuracy, and ensure prorations reflect the agreement. If your deal includes holdbacks or escrows, we set tracking to release funds when conditions are met. Everyone leaves the table with the same numbers.
Post-Closing Wrap Up
Deeds, assignments, and UCC filings are recorded or filed, title policies issue, and post-closing deliverables are circulated. We confirm landlord notices, utility transfers, and insurance updates where required by your loan. You get a clean handoff to operations.
FAQs
Answers For Commercial Closings Questions
Do I need an attorney present for a commercial closing?
Strongly recommended. The documents and economics are more complex than residential and there is no standard form to fall back on.
Can a 1031 exchange be handled at closing?
Yes. We coordinate with your qualified intermediary so timelines and assignments are correct and funds move through the exchange account as required.
How long is the commercial closing timeline?
Often 45 to 120 days depending on financing, diligence, and municipal approvals. We set realistic milestones and keep all parties accountable.
Close With Confidence
From Allen's retail corridors to North Dallas business parks, Aaron C. Lee Law Firm brings organized process and practical advice to every commercial closing. Tell us about your project and we will build the roadmap to funding.