PRACTICE AREA

Real Estate Transactions and Development

A property’s value also depends on how it can be used, the agreements surrounding it and the clarity of the information available to decision-makers.

Discuss a matter

A contemporary building with a central courtyard and trees.

THE CONTEXT

Buying, leasing or developing a space begins with understanding its intended purpose. An industrial building, a retail unit and a residential project raise different questions about access, occupation, services and relationships with third parties. Assessment should connect the property records with the use the business actually has in mind.

The agreement needs to reflect the project as well. Phased delivery, alterations, maintenance responsibilities and exit arrangements can affect budgets and schedules. Organizing these decisions helps compare alternatives and anticipate issues that otherwise appear after a space is occupied or a substantial part of the investment has been committed.

A perspective supporting
every decision.

ADVISORY FOCUS

01
Asset review
Organization of ownership, occupation and use records to identify missing information and questions requiring registry checks, technical assessment, environmental review or input from another relevant discipline.
02
Property transactions
Analysis and negotiation of purchase, lease and space-use arrangements, focusing on handover conditions, the allocation of responsibilities and scenarios involving changes to the proposed operation.
03
Development and investment
Structuring of relationships between owners, developers and investors, connecting contributions, project stages and management decisions with the agreements and records needed to support those arrangements.

Understand. Organize.
Move forward.

HOW WE APPROACH A MATTER

01
Define the intended use
Set out the activity, space requirements and project horizon. Review the location and characteristics before concentrating the discussion solely on purchase price or rent.
02
Build the file
Gather records and background information, separating property matters from commercial terms. Identify gaps that could influence the decision or the proposed project timetable.
03
Align the agreement
Translate operational needs into deliverables and responsibilities. Review handover, adaptation and occupation milestones with the people who will actually implement the project.

Before we begin

What should be considered before negotiating a lease?

Beyond rent, describe the intended use, alterations, access, services and timetable. These points help formulate questions about the terms of the agreement and each participant’s responsibilities.

Does document review replace a physical property inspection?

Records and physical condition answer different questions. Depending on the project, a separate technical assessment may be needed to connect both aspects of the proposed property investment.

What should you review before buying or leasing business premises?

Connect title, permitted use, physical condition and contract terms before choosing business premises in Mexico, with a practical framework for due diligence.

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