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Walter B. Howell, III
Alternate image for Walter B. Howell, III

Walter B. Howell, III

Partner

617.449.6524
Boston
whowell@mccarter.com

"Walter is incredibly knowledgeable on all aspects of the matters on which he assists us, he is responsive and consistently delivers good results." "Walter is excellent, he is thorough, professional and always accurate with advice."—Chambers USA

Walter assists clients in addressing their real estate leasing, financing, and acquisition and disposition matters.

In the leasing sector, he represents both landlords and tenants in preparing and negotiating office, industrial and retail leases for properties across the United States and internationally. He assists private developers, institutional owners, and state agencies in acquiring, financing, developing, and selling commercial, institutional and governmental properties and counsels them in zoning, land use matters and land use and permitting issues.

Walter represents institutional lenders in negotiating and documenting commercial real estate and asset-based loans financing office, retail, residential, and industrial developments. He also assists lenders with debt reorganizations, forbearance agreements, and foreclosures.

Representative Matters

Major state public authority—Air rights lease

Represented a major state public authority in negotiating a long-term air rights lease governing the development of Phase II of Fenway Center, an estimated $1 billion mixed-use development over the Massachusetts Turnpike in the Fenway section of Boston that has been in the works for more than 10 years. The transformative air rights project required negotiations of highly complex arrangements and is one of the largest air rights project since Copley Place was built in the 1980s. Phase II includes a 90,000-square-foot air-rights deck to be built over the Turnpike and a nearly one million-square-foot tower that will house life-science tenants built atop the deck. We also handled negotiations related to Fenway Center’s Phase I, which includes a 312-unit apartment building built adjacent to a commuter rail station.

Massachusetts public agency—Residential development project

Represented a Massachusetts public agency in a public/private partnership, specifically involving the disposition by ground lease of several terra firma parcels in the Fenway area of Boston for two residential developments, including 312 apartment units, approximately 37,000 square feet of retail space, and 200 parking spaces connected to a major transit station. Acted as primary outside counsel on all the real estate and environmental aspects of the project and negotiated the ground lease that will govern the real estate development and transaction for the next 99 years.

Major pharmaceutical company—Leasing

Represented a major pharmaceutical company in converting a biotech campus into a “bio-hub” with stand-alone and lab-share leasing to third-party start-up and established biotechnology companies. Developed both stand-alone and shared lab leasing models and brokerage, property management, equipment sharing and confidentiality management agreements for the facility.

Developer/Landlord—Leasing

Negotiate leases for a developer/landlord of a former large mill complex converted into office, light industrial and retail space. Negotiated varied-size leases with research and development, technology, science, media, and non-profit organizations as well as artists, a restaurant, a brewery, and a fitness center.

Highlights

Recognitions

Recognition image 10959
Massachusetts Rising Star, Super Lawyers, 2006–2007
Ranking Disclaimers: No aspect of this advertisement has been approved by the Supreme Court of New Jersey. For SuperLawyers methodology, see https://www.superlawyers.com/about/selection_process.html.

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Services

Real Estate
Proptech
Leasing
Real Estate Acquisitions & Development
Real Estate Finance
Land Use/Zoning
Financial Institutions
Life Sciences

Education

Northeastern University School of Law JD, 1999
University of New Hampshire MA, 1995
Oberlin College BA, 1993

Bar Admissions

Massachusetts

Memberships & Certifications

Boston Bar Association

Boston Modern Orchestra Project
Board of Directors, 2009–present

Massachusetts Bar Association

Insights Awards Top Stars
News|Recognition
Chambers Ranks 50 McCarter Lawyers and 16 Practice Areas for 2022
6.6.2022
Insights Awards Top Stars
News|Press
McCarter & English Promotes 12 to Partnership
McCarter Press Release
4.24.2014
McCarter & English, LLP
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The McCarter & English, LLP website is for informational purposes only. We do not provide legal advice on this website. We can provide legal advice only to our clients in specific inquiries that they address to us. If you are interested in becoming a client, please contact us, but do not send any information about your specific legal question. We cannot serve as your lawyers until we establish an attorney-client relationship, which can occur only after we follow procedures within our firm and after we agree to the terms of the representation.

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