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With nearly 40 years of domestic and international experience, Corey E. Light focuses his practice on real estate transactions and development. Representing major retailers, property owners, developers and lenders, Corey regularly handles all aspects of complex commercial real estate transactions including joint ventures, financings, and the acquisition and disposition of commercial property. Additionally, Corey has been involved in the representation of major retail developers in a number of large retail bankruptcies and in the related acquisition and disposition of large portfolios of retail properties.

Concentrations

  • Real estate transactions and development

Competenze

Esperienze Professionali - Attività Accademiche

  • Represented Schottenstein Realty Trust Inc. in connection with its initial public offering.
  • Represented a consortium of investors in connection with their acquisition of a 755-property portfolio from Albertson's, LLC. The acquisition was part of a larger $17.4 billion leveraged buyout transaction, which was the second largest ever of its kind in the U.S.
  • Represented one of the bidders in the sale of the Chicago Cubs baseball franchise. The Chicago Cubs is noted by Forbes as the fourth most valuable Major League Baseball team and is worth over $700 million.
  • Represented Albertson's LLC in connection with its sale of 72 convenience stores and fuel centers to Valero Energy Corporation.
  • Represented Albertson's LLC in connection with its sale of 49 supermarket stores in Florida to Publix Super Markets Inc.
  • Represented Kimco Realty Corporation in connection with the acquisition of Pan Pacific Retail Properties, Inc. for $2.9 billion in equity investment, and the assumption of $1.1 billion in debt.
  • Represented Kimco Realty Corporation in an opportunistic joint venture with Westmont Hospitality Group on the $781 million purchase and related financing of InTown Suites.
  • Represented Kimco Realty Corporation in connection with its acquisition and development of shopping center properties located throughout Mexico in multiple transactions involving assets in excess of $1 billion.
  • Represented Kimco Realty Corporation in connection with the sponsorship and implementation of an approximately $320 million retail land and development fund investing throughout Mexico.
  • Represented Kimco Realty Corporation in connection with their $250 million acquisition of a 50 percent interest in a portfolio comprised of 55 industrial properties located throughout Mexico.
  • Represented an affiliate of Ponte Gadea Florida, Inc. in connection with the $350 million acquisition, management and leasing of a trophy property located on Michigan Avenue in Chicago, IL.
  • Represented Kimco Realty Corporation and The Prudential Insurance Company of America in a private joint venture in the disposition of a portfolio of 60 shopping centers across several Western United States.
  • Represented an affiliate of Kimco Realty Corporation in connection with the acquisition, redevelopment and potential landmarking of a historically significant property in Chicago, IL.
  • Represented Kimco Realty Corporation in the acquisition of former K-Mart Corporation properties.
  • Represented Kimco Realty Corporation in the acquisition of a portfolio of two shopping center properties mostly on the West Coast from an existing joint venture consisting of the client and a publicly traded insurance company involving assets of approximately $500 million.
  • Ongoing representation of Albertson's LLC in connection with the acquisition, redevelopment and disposition of stores across the United States. Transactions include the leasing of stores in Florida and New Mexico to Ross Dress For Less, Inc., a wholly owned subsidiary of Ross Stores, Inc., the Fortune 500 company that owns and operates over 700 Ross Stores in 27 states and Guam.
  • Represented a joint venture which acquired rights to all of Montgomery Ward's real estate (over 300 properties). The joint venture consisted of the largest owner of shopping center malls, the largest owner of community shopping centers and a major retailer.
  • Represented the lender in a major real estate financing for Shopko Stores, Inc. Represented the lender in participating in the mortgage backed loan.
  • Represented the secured lender for Ames Department Stores, Inc. relating to the disposition of more than 75 properties.
  • Represented a major retailer in the purchase and redevelopment of 24 of Service Merchandise's retail properties.

Riconoscimenti e Premi

  • Listed, The Best Lawyers in America, Real Estate Law, 2017-2024
  • Listed, Leading Lawyers Network, 2005-2024
    • Top 10 Commercial Real Estate Lawyers in Illinois, 2017-2020
    • Top 100 Real Estate-Related Lawyers in Illinois, 2011-2012, 2015-2020
  • Listed, Chambers USA Guide, 2008-2023
  • Listed, The Legal 500 United States
    • Real Estate, 2020 and 2022-2023
      • "Leading Lawyer," 2022-2023
      • "Next Generation Partners," 2020
    • Real Estate and Construction - Real Estate, 2007-2009, 2011-2019, and 2022-2023         
    • Real Estate- Real Estate Investment Trusts (REITs), 2019 -2020
  • Team Member, Chambers & Partners USA Real Estate Law Firm of the Year, 2010, 2013, 2017-2018, and 2022
  • Team Member, a U.S. News - Best Lawyers®," Law Firm of the Year" in Real Estate Law, 2015
  • Listed, Who's Who Legal: Real Estate, 2015-2021
  • Team Member, The Legal 500 United States, "Top Tier" Firm in Real Estate, 2013 and 2014
  • Team Member, a Law360 "Real Estate Practice Group of the Year," 2011-2013, 2015, and 2022
  • Member, American Bar Association
  • Member, Illinois State Bar Association

Formazione

Formazione
  • Laurea magistrale in Giurisprudenza, DePaul University College of Law
  • B.S., University of Illinois at Urbana-Champaign
Abilitazioni
  • Illinois
  • U.S. District Court for the Northern District of Illinois