Thomas C. “Tom” Clark III

USA: Alabama

Maynard Cooper & Gale
1901 Sixth Avenue North, Suite 2400
Regions Harbert Plaza
Birmingham, AL 35203

Tel: 205.254.1072
Fax: 205.714.6372

Email: tclark@maynardcooper.com
Web: www.maynardcooper.com

Tom is a Shareholder and serves as Chair of Maynard Cooper’s Real Estate Practice Group. In addition, Tom has been a member of the firm’s Board of Directors for a number of years.

Tom’s extensive experience covers all aspects of representing buyers, sellers, developers, investors, landlords and tenants in all types of commercial real estate matters, including acquisition, development, financing, leasing and economic incentive matters.

His clients include, among others, developers, investors and owners of retail shopping centers, office assets, multifamily properties and industrial properties located throughout the United States; various manufacturing and tech companies that have recently opened new facilities within the State of Alabama; local developers focused on urban renewal and redevelopment of existing facilities; and several large institutional investment funds focused in the retail, multifamily, office and hospitality sectors.

In addition, Tom represents lenders and borrowers in secured and unsecured transactions and multi- state transactions. Additionally, he represents a number of clients from various industry sectors with respect to equipment lease financing. Many of the firm’s clients, including public and privately-held entities, seek Tom’s guidance and counsel in connection with their various financing matters.

Education:
  • University of Pennsylvania School of Law – (1991, J.D., Journal of International Business Law, Associate Editor and Senior Editor)
  • Duke University – (1988, B.S., cum laude; Phi Eta Sigma)
Honors & Recognition:

Tom has been widely recognized for his skills and accomplishments as an attorney, including a top-tier Band 1 ranking in Chambers USA: America’s Leading Lawyers for Business as a Leading Practitioner in Real Estate. He is also included in The Best Lawyers in America© for his Real Estate practice and Super Lawyers from 2008-2018.

The attorneys in Maynard Cooper’s Real Estate Practice Group have extensive experience in, and regularly represent clients regarding, virtually every aspect of real estate and real estate development. The Real Estate Practice has garnered the prestigious Band 1 ranking by Chambers USA: America’s Leading Lawyers for Business. Our attorneys are involved in the Real Property, Probate and Trust Section of the American and Alabama Bar Associations and the American College of Mortgage Attorneys, and they regularly speak at industry conferences and education seminars on current trends and issues facing the real estate industry.

Acquisition and Development of Commercial and Residential Properties

Maynard Cooper represents purchasers, sellers and developers in all phases of the acquisition, development and sale of commercial and residential properties. We are regularly involved in the site selection, acquisition, development and disposition of commercial real estate, including office buildings, malls and retail centers, industrial parks and property, industrial manufacturing sites, hotels and resort property (including golf course resorts), hospitals and medical office buildings, warehouses and mini-warehouses, as well as undeveloped real estate and timberland. We assist clients in the acquisition, development and disposition of residential properties, including single-family, multi-family, mixed and planned use developments, condominiums, apartments and golf course communities. Our representation begins in the initial steps of planning, zoning, subdivision and annexation and continues through the completion of the project. Our representation includes drafting restrictive covenants for commercial and residential developments, creation of owners’ associations and master associations, drafting of sales documents and disclosures and addressing other development issues. Representative commercial and residential transactions by our lawyers include:

  • Represented the developer in the development of an 800,000 square foot power center plus outparcels involving (i) assemblage of real estate, (ii) simultaneous sale to Target, (iii) almost simultaneous sale to Home Depot, and (iv) municipal participation where the city agreed to pay for infrastructure and improvements to existing infrastructure under a construction management agreement with the developer
  • Represented the developer in the development of a phased lifestyle shopping center development (with outparcels) involving (i) assemblage of real estate, (ii) simultaneous sale to Kroger, and (iii) simultaneous sale to Centex Homes
  • Represented the developer in the redevelopment of the site of the South’s first indoor shopping center into a 50-acre, 350,000 square foot shopping center, plus outparcels, involving (i) the assemblage of real estate; (ii) the relocation of various retail occupants; (iii) a simultaneous sale to Wal-Mart, (iv) a joint development agreement with Wal-Mart; and (v) a municipal participation where the city agreed to provide incentives pursuant to a redevelopment agreement with the developer
  • Represented developer in the acquisition, assemblage, condemnation, rezoning, sale and development of a 400-acre mixed-use development in Alabaster, Alabama
  • Represented the developer in its assemblage, acquisition, development and financing of a yacht club and marina in Key West, Florida with a projected cost of approximately $200,000,000 and including mega-yacht and large yacht slips, dry docks, boat engine repair and other marina support facilities, a hotel and boardwalk retail
  • Regularly represent the owner/developer in the acquisition, disposition, management and finance of approximately 7500 apartment units in the Southeastern United States
  • Closed in excess of $1.8 billion of multi-family property loans with Fannie Mae and Freddie Mac through Collateral Real Estate Capital, LLC over the past 3 years
  • Represented the developer in the development of an eighteen-hole golf course resort and residential planned unit development on the Alabama Gulf Coast
  • Represented the developer in connection with a hotel convention center complex in a major Alabama municipality, including negotiations with the municipality in connection with project development and management issues
  • Represented the owner of a golf course development in connection with various real estate development and title issues
  • Represented the developer in the acquisition, development, financing, equity structuring, leasing and property management of a 170,000 square foot medical office building, conference center and rehabilitation facility in Pensacola, Florida
  • Represented the developer in the development, financing, leasing and management of an 80,000 square foot catheterization lab and medical office building, 103,000 square foot medical outpatient facility and medical office building and 500 car parking garage in Savannah, Georgia
  • Represented the developer in the acquisition, development, construction, financing, leasing and management of a 100,000 square foot professional office building located in Alabaster, Alabama
  • Represented the developer in the development, financing and construction of 75,000 square foot diagnostic center in Alabaster, Alabama
  • Represented the developer in the acquisition, development, financing and leasing of a 75,000 square foot medical office building and diagnostics center in Crestview, Florida
  • Represented the developer in the acquisition, annexation, zoning, development, and subdivision of golf course community in Vestavia Hills, Alabama
Maynard Cooper & Gale is a nationally recognized law firm with more than 270 lawyers. Headquartered in Birmingham, Alabama, the firm has offices in New York, San Francisco and Washington, D.C., as well as three additional offices throughout Alabama located in Huntsville, Mobile and Montgomery. Our record and reputation confirm that we deliver desired results for our clients. We solve tough, complex legal problems for many of the world’s leading companies, including over 60 listed on the Fortune 500 with 32 of those in the top 100. We make it our priority to fully understand each client’s business and the climate in which it operates so that we can help them navigate challenges and prepare for what lies ahead. Our keen knowledge of the vast industries and dynamic legal environment equips us to provide paramount service with seamless attention to detail.

Maynard Cooper is a full-service business law firm. The depth and breadth of the firm’s legal services include litigation, corporate law, banking and commercial law, real estate law, securities law, labor and employment, antitrust, public finance, trusts and estates, government contracts and bid protests, governmental affairs and relations, international trade regulation, admiralty and maritime, state and federal tax, intellectual property, health care, environmental law and bankruptcy law.

Maynard Cooper represents a broad and diverse client base, including international, national, state and local business entities. We also represent new business ventures, non-profit organizations, and mid-sized companies in emerging and established industries. In response to today’s global economy, the firm represents numerous clients who are based outside of the United States and clients who are actively engaged in various business capacities in jurisdictions outside the United States.

We recognize that our clients expect us to not only know the law, but also the industry in which they operate. Our attorneys serve a wide range of industries, including banking and financial services, health care, insurance, natural resources, manufacturing, education, government, real estate, construction, consumer products, retail, food and hospitality, biotechnology, pharmaceuticals, maritime and commercial transportation.

Mr. Clark heads the firm’s real estate practice and is well reputed for representing banks and private corporations on various commercial real estate work. Recognized for his experience handling multiple facets of real estate deals, he continues to be engaged on large and complex transactions and development projects. One interviewee notes: “He has been really good and I’m looking for ways to use him more.”
Chambers & Partners, 2018