Overview

Andrew S. Perry is a principal at McCarthy Lebit. Andrew is an experienced attorney and business advisor whose practice focuses on real estate and finance. His real estate expertise encompasses a wide range of matters relating to the financing, acquisition, development, construction, leasing and disposition of retail, commercial, and industrial property. Andrew has extensive experience in working with both shopping center developers and tenants and industrial and office developers and tenants and has been involved in the leasing of millions of square feet of such space from the landlord and tenant side. Andrew also represents national and regional lenders and corporate borrowers in connection with the structure, negotiation and documentation of real estate, commercial, asset-based, and mezzanine loan transactions.


Best Lawyers Award Badge

Education

  • The Ohio State University
    • Bachelor of Science, Accounting
  • Capital University Law School
    • Juris Doctor, magna cum laude

Admissions

  • Ohio

Awards

  • The Best Lawyers in America® 2019-2021
  • Ohio Super Lawyers Rising Star 2009 - 2010

Activities

  • Cleveland Metropolitan Bar Association, Member
  • American Bar Association, Member
  • Ohio State Bar Association, Member
  • International Council of Shopping Centers, Member
  • Zoning Commission Former Member, City of Avon Lake
  • Parks & Recreation Commission, City of Avon Lake, Former Member and Chair

Articles

  • "How to Capitalize on Cleveland’s Commercial Real Estate Market," Smart Business Magazine, January 2019
  • "What Commercial Landlords Need To Know About Landlord Lien Waivers Or Landlord Subordination Agreements," McCarthy Lebit Real Estate Blog, August 2017
  • "Landlord Lien Waivers and Subordination Agreements," Properties Magazine, June 2017
  • "Room to Negotiate – Common Areas of Commercial Leases that Cost Tenants Money," Smart Business Magazine, December 2017

Experience

Represent National Multi-Family Developer

Regularly represent a national multi-family developer in the acquisition of apartment units throughout the U.S.

Serve as National Real Estate Counsel to Industrial Distribution Company

Serve as national real estate counsel to a large industrial distribution company that operates a 2.33 million sq. ft. portfolio of commercial space around the U.S. and previously Canada.

Multiple Lease Renewals

Completed the lease renewals for a 50,000 sq. ft facility in Minnesota and a 115,000 sq. ft facility in Pennsylvania for the same client.

Leasing of an Industrial Facility

Completed the leases of a new 81,000 sq. ft industrial facility in Arizona and a 26,000 sq. ft industrial facility in Wisconsin for two separate clients.

Refinancing of a Retail Space

Closed on the refinance of a Canton shopping center for $2.7 Million.

$9 Million Sale of Multiple Apartment Buildings

Completed the sale of three apartment buildings for $9 million.

$2.7 Million Construction Loan for Lender

Closed a $2.7 million construction loan for Northeast Ohio regional lender.

Regularly Represent Commercial Lenders

Regularly represent a large local lender in their commercial lending of millions of dollars

Regularly Involved in Sale of Office Properties Around the US

Regularly involved in the sale of industrial, retail, and office properties around the US.

Sale of a 200,000 sq. ft. Retail Development

Represented a local developer in the sale of a 200,000 sq. ft. retail development

Millions of Square Feet for Retail Developer

Represented a large Retail Developer in the lease of millions of square feet of space throughout the US.

Corporate HQ Lease

Represented a publicly traded REIT on the lease of millions of square feet of Corporate Headquarters buildings.

Office Leases for Large Distribution Company

Regularly represent a large distribution company in their lease and purchase of millions of square feet around the US.

Corporate HQ Lease and Construction

Represented a large local company in the lease and construction of its corporate HQ building.