Powell Coleman & Arnold LLP
About Us
Powell Coleman & Arnold LLP was established in 1995 by members of prominent Dallas law firms, with the support and encouragement of their clients, to create a structure within which to provide efficient and personalized service to clients in the real estate industry and other portions of the business community. Today, the firm continues to operate with a cooperative working atmosphere among its attorneys, which allows firm resources to remain focused on the representation of firm clients, many of whom have been represented by the firm’s attorneys for decades.
The firm's practice focuses on a broad range of real estate and business-related matters, including the sale and acquisition, financing, development, management and leasing of real property and the formation, operation and disposition of business entities. The firm's clients include developers, individual and institutional investors, including REITs and other equity funds, lenders, service companies, brokers and other leaders in the real estate industry. Attorneys in the firm have played a role in real estate and other commercial transactions in the Dallas/Fort Worth Metroplex, throughout Texas, and across the United States during the past forty years.
The firm’s name partners, Bill Powell, Bruce Coleman and Pat Arnold. In memory of Mr. Powell, a loyal colleague, consummate attorney and mentor to us all.
Our Practice
The firm represents clients in connection with the acquisition, financing, development, leasing, management and sale of various commercial properties. Although the firm emphasizes real estate-related transactions, the firm also represents clients on other types of business transactions.
ACQUISITIONS AND SALES
The firm has served as real estate counsel for the sponsors of publicly registered and private real estate funds and a variety of other institutional and private real estate developers and investors in connection with the acquisition, leasing, development, financing and disposition of properties located throughout the United States and in Canada, Europe, Australia and the Caribbean.
The firm has represented clients in connection with the purchase and disposition of a variety of real estate assets, including raw land, office buildings, industrial facilities, shopping centers, health care facilities and apartment projects, as well as simultaneous and deferred exchanges of real property.
The firm also assists clients in the formation of entities for the acquisition and development of real estate projects and other business transactions.
DEVELOPMENT
The firm has served as real estate counsel to national and regional developers in connection with the development of a variety of projects, including office buildings, retail centers, industrial projects, resort properties, hotels and condominiums.
In its role as counsel to developers, the firm has prepared and negotiated development agreements, construction contracts, reciprocal easement agreements, restrictive covenants, management agreements and other agreements pertaining to real estate development.
FINANCING
The firm represents lenders and borrowers in connection with acquisition, development, construction, mezzanine and permanent financings involving a wide range of real estate properties across the United States.
This work includes the representation of life insurance companies, banks and other financial institutions, and borrowers, in mortgage loan transactions as well as loan workouts, foreclosures and credit problems relating to secured transactions.
The firm serves as counsel to a major national insurance company in connection with agricultural loans in Texas and other states. The firm also frequently serves as local counsel for out-of-state lenders and borrowers in connection with transactions in Texas.
LEASING
The firm represents a variety of entities in office, industrial and retail leasing matters, including the representation of the owners of one of the preeminent shopping centers in the United States, NorthPark Center in Dallas, Texas.
The firm serves as retail leasing counsel for the owners of regional malls in various states, and it represents national real estate developers in office leasing transactions.
REPRESENTATIVE MATTERS
The firm’s representation of real estate developers and investors has encompassed significant local, regional and national projects throughout the United States and other countries, including:
A major expansion of NorthPark Center in Dallas, Texas
The acquisition, development, financing and disposition of marinas throughout the United States, including representation of the purchaser in connection with the acquisition of a portfolio of 12 marinas located in Florida
The development, construction and financing of apartments, condominiums, shopping centers and recreational land projects in Texas, Louisiana, Tennessee, North Carolina, Utah, Nevada, California and the Bahamas
The acquisition of an equity interest in the owner of the Miami Beach Marina in Miami, Florida
The acquisition, development, financing and disposition of retirement housing and senior care projects
The acquisition of a 40-story office building in Fort Worth, Texas
The major expansion of a Las Vegas, Nevada mall, including preparation of operating agreements with multiple department stores, preparation of a reciprocal easement agreement among the department stores and the owner, and leasing work
Negotiation of anchor tenant leases individually exceeding 200,000 square feet at SunTrust Center, Orlando, Florida and EQT Plaza, Pittsburgh, Pennsylvania
The acquisition of a 40-story office building in Charlotte, North Carolina
The acquisition of a mixed-use hotel/retail/condominium project in St. Louis, Missouri
The acquisition and subsequent sale of a hotel/resort facility in Austin, Texas
The development, construction and financing of an office building known as 2000 McKinney, located in the Uptown area of Dallas, Texas
The acquisition and subsequent sale of a 27-story office building in Cleveland, Ohio
The development of a luxury hotel and fractional ownership project in Napa County, California
The development of a golf course, winery membership club and residential estate lots in Napa County, California
The development, construction and financing of industrial projects located on land leased from the Dallas-Fort Worth International Airport Board
Attorneys
The attorneys of PC&A LLP bring exceptional experience and expertise to the practice of real estate and general business law. They entered law practice following distinguished academic careers, and two of the firm's founding partners served judicial clerkships. Three attorneys in the firm have been honored by their peers with listings in "Best Lawyers in America," and some of the firm's attorneys have also been recognized as Super Lawyers by "Texas Monthly Magazine" and included among the Best Lawyers in Dallas by "D Magazine."
Laurie D. Arnold
Patrick M. Arnold
Bruce R. Coleman
Michael A. Deahl
John L. Kee, III
Carol D. Satterfield
Sarah Lott
Representative Clients
Allied Strategic Partners, LLC
Americo Real Estate, Ltd.
Beltway Development Company
Cibolo Capital Partners
Coulter Automotive Group
Gillis Thomas Company
Liberty Capital Bank
Lincoln Property Company
Metropolitan Life Insurance Company
Nasher Foundation
Nasher Sculpture Center
NorthPark Center
NorthPark Management Company
Suntex Marinas
TerraCap Management, LLC
The Pilchers Group
The Telesis Company
Viceroy Investments
Wells Fargo Bank, N.A.
Westdale Real Estate Investment and Management
Contact Us
8080 North Central Expressway
Suite 1380
Dallas, Texas 75206
Tel: 214-373-8767
Fax: 214-373-8768