Wallack Somers & Haas, P.C.

For businesses and developers in Indiana, navigating the intricate world of commercial real estate can be a complex endeavor, filled with unique legal challenges and significant opportunities. From large-scale redevelopments to multi-family projects and critical commercial leases, having legal counsel that combines deep industry expertise with a pragmatic, client-focused approach is essential for success. In the vibrant heart of Indianapolis, Wallack Somers & Haas, P.C., stands as a distinguished boutique law firm specifically dedicated to serving the legal needs of the commercial real estate community. This article aims to provide a clear, engaging, and informative overview of their services, highlighting how they empower Hoosier businesses and developers to achieve their real estate objectives.

Wallack Somers & Haas, P.C., was founded in March 1999 by Barry and Michael Wallack, George Somers, and Karl Haas, with a clear vision: to provide "big firm" legal expertise and experience in an entrepreneurial "small firm" setting. Their practice is exclusively concentrated on the legal needs of the commercial real estate sector, a testament to their specialized knowledge and commitment. This focus allows them to offer high-quality real estate legal services at a fair price, emphasizing promptness and efficiency without the delays often associated with larger, more generalized firms. With their three senior partners collectively boasting over 75 years of experience serving real estate clients, Wallack Somers & Haas, P.C., has played a significant, often primary, role in shaping many of Indianapolis's most iconic real estate projects. For Indiana businesses, this means partnering with a firm that not only understands the nuances of real estate law but also possesses an intimate knowledge of the local landscape and a track record of successful project execution.

Wallack Somers & Haas, P.C., is prominently located in one of Indianapolis’s most recognizable and accessible buildings, ensuring convenience for their commercial real estate clients throughout Indiana. You can find their offices at:

1 Indiana Sq #2300, Indianapolis, IN 46204, USA

This address places the firm within One Indiana Square, a landmark in downtown Indianapolis. Its central location offers exceptional accessibility, whether you are driving from various parts of Indianapolis or commuting from other cities and counties across Indiana. Downtown Indianapolis is well-connected by major roadways, and ample parking options are typically available in the vicinity, simplifying travel for client meetings and consultations. Being situated on the 23rd floor, the office provides a professional and private environment conducive to in-depth discussions of complex real estate transactions and legal strategies. The firm’s location within such a prestigious building reinforces its established presence and expertise in the commercial real estate sector, making it an easily identifiable and convenient destination for businesses seeking specialized legal counsel in the state.

Wallack Somers & Haas, P.C., offers a highly specialized suite of legal services entirely concentrated on the commercial real estate community. Their extensive experience allows them to handle all aspects of complex real estate transactions and related legal matters. Their core services include:

• Real Estate Acquisition and Disposition: Guiding clients through the purchase and sale of various types of commercial properties, including office, retail, industrial, distribution, hotel, and multi-family developments. This involves due diligence, contract negotiation, title review, and closing services.
• Real Estate Development: Providing comprehensive legal support for real estate development projects from inception to completion. This includes land acquisition, zoning and land use issues, entitlements, environmental compliance, and construction contracts. They have been instrumental in projects that have "shaped and formed Indianapolis," such as the redevelopments of Glendale Mall and Murat Theater, and the development of Circle Center Mall and the Farm Bureau headquarters.
• Commercial Leasing: Representing both landlords and tenants in negotiating, drafting, and reviewing commercial leases for office buildings, retail centers, industrial facilities, and other commercial properties. Their experience ensures favorable terms and protection of client interests.
• Real Estate Financing and Secured Lending: Advising on all aspects of real estate financing, representing lenders (such as Aetna Life Insurance Company, ING Life Insurance Company, and Allstate Life Insurance Company) and borrowers in complex secured real estate lending transactions, including large public debt offerings and various types of real estate loans.
• Property Redevelopment: Handling the unique legal challenges involved in redeveloping existing properties, including brownfield sites, historic properties, and urban revitalization projects.
• Public-Private Partnerships: Expertise in transactions involving collaboration between public entities and private developers, which often have unique legal and financial structures. Their attorneys are "very experienced in complex real estate transactions associated with public private partnerships."
• Business Transactions Related to Real Estate: Advising on mergers, acquisitions, and other business transactions where real estate assets play a significant role.
• Dispute Resolution and Litigation (Real Estate Specific): While primarily transactional, their deep understanding of real estate issues allows them to effectively resolve disputes that arise in real estate transactions, aiming to "eliminate unnecessary, time-consuming, and costly arguments and discussions."

Their ability to bring a "unique understanding of the issues from all sides of the table" allows them to offer practical and efficient solutions, focusing on the client's "bottom line and business objectives."

Wallack Somers & Haas, P.C., offers distinct features and highlights that make them a leading choice for commercial real estate legal services in Indiana:

• Specialized Commercial Real Estate Focus: Unlike many general practice firms, their practice is entirely concentrated on commercial real estate, offering unparalleled depth of knowledge and experience in this specific field.
• "Big Firm" Expertise in a "Small Firm" Setting: They combine the sophisticated legal expertise and experience typically found in large law firms with the entrepreneurial flexibility, responsiveness, and cost-effectiveness of a smaller, dedicated team. This model ensures high-quality service without unnecessary delays or delegation frustrations.
• Extensive Partner Experience: With over 75 years of collective experience among their three senior partners, the firm brings a wealth of practical insight to every real estate transaction. This includes Barry Z. Wallack, recognized consistently by "Best Lawyers in America" and "Chambers & Partners."
• Instrumental in Shaping Indianapolis: Their partners have played a significant role in developing and redeveloping many of Indianapolis's landmark projects, demonstrating a profound understanding of the local market and its evolution.
• Holistic Transactional Understanding: Their collective experience representing developers, landlords, tenants, and major financial institutions provides them with a "unique understanding of the issues from all sides of the table," facilitating smoother and more efficient negotiations.
• Prompt and Cost-Effective Services: The firm prides itself on delivering legal services promptly and with a focus on cost-effectiveness, prioritizing the client's business objectives and bottom line. They are a "can-do firm" that knows "what is (and sometimes more importantly what is not) essential, possible, and productive."
• Recognized Excellence: The firm has been ranked by "Best Law Firms" for excellence in Real Estate Law, and individual lawyers have been recognized in "The Best Lawyers in America®" and "Chambers USA," highlighting peer recognition and professional achievement.

As a highly specialized boutique law firm focused on commercial real estate, Wallack Somers & Haas, P.C., does not typically advertise widespread public promotions or introductory offers in the way consumer-facing businesses might. However, for businesses, developers, and institutions in Indiana seeking their expertise, it is customary for such high-caliber legal firms to engage in preliminary discussions or consultations. These initial meetings allow prospective clients to articulate their specific real estate legal needs, explore how the firm's specialized knowledge aligns with their objectives, and understand the firm's approach to engagement and fee structures. This serves as an invaluable opportunity to assess mutual fit and discuss the scope of potential projects without an upfront financial commitment for the initial dialogue. Businesses and entities in Indiana are encouraged to contact Wallack Somers & Haas, P.C., directly to inquire about their consultation process and how they can best address complex commercial real estate legal requirements.

For businesses, developers, and financial institutions in Indiana requiring premier legal expertise in commercial real estate, Wallack Somers & Haas, P.C., is readily accessible. You can reach their office using the following contact details:

Address: 1 Indiana Sq #2300, Indianapolis, IN 46204, USA

Phone: (317) 231-9000

Mobile Phone: +1 317-231-9000

Connecting with their team is the first crucial step toward navigating your commercial real estate projects with confidence. Their specialized focus ensures that your inquiries will be met with knowledgeable and precise guidance.

For businesses, developers, landlords, tenants, and financial institutions across Indiana engaged in the dynamic world of commercial real estate, Wallack Somers & Haas, P.C., stands as an exceptionally suitable and highly advantageous legal partner. Their strategic location at 1 Indiana Sq #2300, in the heart of downtown Indianapolis, ensures unparalleled accessibility for clients throughout the state. This central presence means that premier, specialized legal expertise is always conveniently within reach, fostering seamless collaboration on complex real estate ventures.

What truly distinguishes Wallack Somers & Haas, P.C., for Hoosier clients is their unique blend of "big firm" expertise delivered within an entrepreneurial "small firm" setting. This model allows them to offer the highest quality, highly specialized commercial real estate legal services without the delays or excessive costs often associated with larger, multi-practice firms. Their partners’ extensive experience, totaling over 75 years, has directly contributed to shaping many of Indianapolis's most significant real estate projects, providing an invaluable depth of local market knowledge and practical insight. By understanding issues "from all sides of the table," they can efficiently navigate transactions, eliminate unnecessary arguments, and focus directly on the client's bottom line and business objectives. For any entity in Indiana seeking diligent, cost-effective, and deeply experienced legal counsel to realize their commercial real estate aspirations, Wallack Somers & Haas, P.C., offers the precision, strategic thinking, and proven track record needed to succeed right here in the Hoosier State.