01/08/2025
Every lawyer has a "dream client", or a "dream case". For me, in the context of my development law practice, that dream has been to work with owners of commercial and industrial properties -- strip malls, medical office buildings, warehouse parks, and the like -- to help them explore how to maximize the uses and value of their lands through to condominium.
*Not*, mind you, converting the use of those properties from commercial/industrial to residential use. Let's take off those blinders right away: A condominium does *not* have to be a residential development.
There are benefits of conversion to condominium that have nothing to do with changing the way the property is used. That's what this first article (of 3) is about.
Learn the pros and cons of converting an existing commercial and industrial property into a commercial or industrial condominium.