Greenberg Traurig Represents Gillette in Sale of Fort Point Channel Property to Related Beal

Christopher H. Milton

BOSTON – Greenberg Traurig’s Boston Real Estate Practice represented The Gillette Company, LLC (a subsidiary of The Procter & Gamble Company) in the sale of 6.5 acres of South Boston waterfront property adjacent to the General Electric Company campus to RBCS Acquisitions, LLC, an affiliate of developer Related Beal, LLC. The deal closed May 14, 2019.

The Greenberg Traurig legal team included Christopher H. Milton, a shareholder in the firm’s Real Estate Practice, and Associate Zachary A. Dovitz. They handled all aspects of the negotiation of documentation related to the sale of the property, including negotiation of a Memorandum of Understanding with the Massachusetts Department of Transportation.

Milton has been assisting this client since 1998 on the creation and implementation of the “100 Acres PDA Master Plan” affecting the Fort Point Channel area that includes the land being sold to Related Beal’s affiliate.

The Greenberg Traurig Real Estate Practice is a cornerstone of the firm and recognized leader in the industry. The firm’s real estate attorneys deliver diversified and comprehensive counsel for property acquisition and investment, development, management and leasing, financing, restructuring, and disposition of all asset classes of real estate. The team draws upon the knowledge and experience of more than 400 real estate lawyers from around the world, serving clients from key markets in the United States, Europe, the Middle East, Latin America and Asia. The group’s clientele includes a broad range of property developers, lenders, investment managers, private equity funds, REITs, and private owners.  The firm’s real estate team advises clients on a variety of matters across a broad spectrum of commercial, recreational, and residential real estate, including structured equity and debt and other hybrids.