Jonathan Grosser

Biography

Jonathan Grosser is a partner and the Vice-Chair of the Real Estate Practice Group and the Co-Chair of the Cannabis Practice Group at RCCB.  Jon has more than 25 years of experience handling real estate sales and acquisitions, commercial leasing, real estate development, real estate finance matters, and more. His clients include real estate developers, investors, corporations, and charitable institutions.  Having worked as an in-house counsel for a real estate developer, Jon has a particular insight into the needs and pressures faced by many of his clients. He is a frequent presenter and writer and is actively involved in many professional and civic organizations.

Client Experience

• National and regional developers of all asset classes

• Hospitality owners and operators, including owners and operators of hotels, restaurants, entertainment venues, and other leisure and hospitality concepts

• Healthcare organizations

• Life science companies

• Financial institutions

• Nonprofit institutions

• Telecommunications companies

• Legal cannabis companies

Representative Matters

Hospitality

• Represented a hospitality conglomerate in the acquisition and financing of a 110,000-square-foot-shopping center in Feasterville, PA valued at $18+ million.
• Represented a joint venture partner in the sale of a prominent hotel in Miami, FL, to an international hospitality company based in Spain.
• Represented a publicly traded hospitality REIT in connection with the sale of 22 limited-service hotels to Starwood Capital Group.
• Represented a local real estate developer in connection with the development and financing of a major, dual-branded convention center hotel in Center City, Philadelphia.
• Represented a New York-based hospitality and lodging company in connection with multiple food and beverage leases.
• Represented an international hospitality and lodging company in connection with multiple hotel management agreements.
• Represented a major QSR franchisee in connection with the refinancing of all company debt.

Healthcare/Life Sciences

• Represented a hospital system in connection with numerous Medical Office Building (MOB) leases throughout the region.
• Represented a locally-based healthcare company in connection with a series of leases for mental healthcare facilities throughout the U.S.
• Represented the owner of a life science building in connection with the lease and development of a 40,000 (+/-) square foot pharmaceutical R&D facility.
• Represented a medical device manufacturer in connection with the lease and development of a 36,000 (+/-) square foot medical device manufacturing facility.

Financial Services

• Represented a major financial institution in connection with the sale of its existing corporate headquarters facility and 100,000+ square foot new corporate headquarters lease in Montgomery County, PA.
• Represented a major financial institution in connection with a 100,000+ square foot corporate headquarters lease in Center City, Philadelphia.
• Represented a locally-based financial institution in connection with a series of bank leases throughout the region.
• Represented a New Jersey-based financial institution in connection with its first bank lease in Philadelphia, PA.

Cannabis

• Represented the owner of a vertically integrated cannabis company in connection with the amalgamation of parcels of land (the acquisition and reverse subdivision thereof) and the development of a multi-use cannabis-centric campus facility in Atlantic City, NJ.
• Represented a vertically integrated medical cannabis company in connection with the acquisition of land for the development of a cannabis grow/production facility in Chester County, PA.
• Represented the owner of a vertically integrated cannabis company in connection with the lease and development of the first ever in-premises cannabis consumption lounge in the State of New Jersey.
• Represented a vertically integrated medical cannabis company in connection with the acquisition of land for the development of a cannabis dispensary in Chester County, PA.
• Represented a vertically integrated medical and recreational cannabis company in connection with the lease and development of several dispensary facilities throughout the United States, including the first two medical cannabis dispensaries in Center City, Philadelphia.

Charitable Institutions

• Represented a local public charity in connection with the approval and development of a 100,000+ square foot community/recreational facility in Willow Grove, PA.
• Represented a local public charity in connection with a lease for its new headquarters facility in Center City, Philadelphia.
• Represented a local order of nuns in connection with the rehabilitation of their multi-building campus in Northeast Philadelphia.