News

L&L Holding Company, Normandy Real Estate Partners and J. P. Morgan Complete $880 Million Acquisition of Terminal Stores

New York -- Paul Hastings LLP, a leading global law firm, advised the joint venture between L&L Holding Company, Normandy Real Estate Partners and J. P. Morgan in their $880 million acquisition of Terminal Stores, an historic 1.2 million square-foot complex from Waterfront New York and GreenOak Real Estate Advisors LP.

Located in Manhattan’s West Chelsea and Hudson Yards neighborhoods, Terminal Stores is primed to become a cutting-edge office and retail destination.  As part of the acquisition, the joint venture will convert approximately 500,000 square feet of space for office use.

.

Chelsea Terminal Warehouse is home to Uber and L'Oreal USA.

The Paul Hastings team was led by partners

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.