Derek A. Ridgway
Partner
Derek A. Ridgway is a seasoned commercial real estate attorney with more than 25 years of experience. He is a Partner in Rimon’s San Francisco and Menlo Park offices. His clients look to him for advice in all aspects of real estate, leasing, business and construction transactions.
Mr. Ridgway advises in-house corporate counsel, corporate real estate executives and principals in domestic and international real estate transactions. He has significant experience in the acquisition, development and leasing of health and senior care, office, retail, R&D, laboratory, clean-tech, manufacturing and data center assets. As a LEED® Accredited Professional, he places a particular emphasis on sustainability, including sustainable building and design, “green” leasing and renewable energy. Several of his transactions have been listed in the San Francisco Business Times Top Real Estate Deals. He has facilitated the closing of real estate transactions with an aggregate value of more than $1 billion and leasing of more than ten million square feet of space throughout the United States and internationally. Mr. Ridgway serves as his client’s primary contact at the firm for interfacing on regulatory compliance, risk management, licensure and land use and environmental issues.
In conjunction with his real estate work, Mr. Ridgway negotiates and documents joint venture transactions, real estate syndicates, limited partnerships and other real estate holding vehicles for the development and operation of real estate assets and communities. He also counsels his clients regarding a wide-variety of business matters, including business structuring, operation and management arrangements, covenants, conditions and restrictions, licensing and reciprocal use, and cost sharing arrangements. Mr. Ridgway also advises his clients regarding unsecured and secured equity and debt offerings, including bridge and credit financings.
On the construction side, Mr. Ridgway has structured and negotiated construction-related agreements for office (ground-up and TIs), health and senior care, biopharmaceutical, laboratory, clean-tech and manufacturing facilities with an aggregate construction value of more than $3 billion.
Mr. Ridgway also serves as general counsel to corporations, including charitable organizations, in a wide variety of corporate and commercial transactions.
SELECTED EXPERIENCE
- Development of a $168 million, 250,000 square foot San Francisco medical office building under an airspace lease, and construction of an underground parking garage and pedestrian tunnel
- Development of a new, state-of-the-art, $284 million hospital in the North Bay, and ground lease for an 80,000 square foot medical office building
- Sale and leaseback/exchange of $56 million in real property assets on the Peninsula
- Ground leasing and leaseback of multi-story medical office buildings in Tracy and Roseville, and construction of associated parking structures and reciprocal parking arrangements
- Disposition of a $225 million, 65-acre parcel in Silicon Valley, consisting of 966,087 square feet of healthcare related assets
- Real estate syndications for single and mixed use facilities in California, Oregon, Washington, Colorado, Texas, and Florida valuing over $300 million
- Hundreds of office and retail leases totaling over ten million square feet
- Development and documentation of master planned communities throughout Northern California, including DRE processing
- Numerous leasing transactions involving hospital systems, medical foundations, physician groups and senior care facilities
SPEAKING ENGAGEMENTS
- “Avoiding Compliance Pitfalls in Leased Medical Buildings, Whether You’re Tenant or Owner” presenter, California Hospital Outpatient Facilities Summit, December 2018
- “Evolution of the Healthcare Real Estate Lease: What are the Ramifications of the Affordable Care Act on Leasing, and How Have Terms Changed?” moderator, The Northern California Healthcare Real Estate Summit, March 2015
- “The New Health Care Environment,” co-speaker, The Registry, October 2013
- “Avoiding Incorporation, Formation & Compensation, Landmines & Pitfalls” Keiretsu Forum Entrepreneur Academy, December and August 2012
MEMBERSHIPS
- Green Building Council LEED® Accredited Professional
- Former Northern California Chapter of CoreNet Global, Advisory Board member
News, Events, & Insights
- Advanced Leasing Strategies: Landlord Representations Worth Fighting For
Insights July 20, 2023
- Advanced Leasing Strategies: Transfers to Affiliates (“Permitted Transfers”) – A Simple Solution
Insights May 31, 2023
- Advanced Leasing Strategies: The Fight over Compliance with Laws – It’s not that bad
Insights May 16, 2023
- Global Law Firm Rimon PC Adds Four New Attorneys, expanding Corporate, Real Estate and Competition Practices
Innovation May 9, 2023
