James G. Farris , Jr. - Alston & Bird LLP

James G. Farris , Jr.

Listed in Best Lawyers since 2005

Jay Farris concentrates his practice on commercial real estate investment, joint ventures, borrower financing, development and leasing involving all major property types. He represents institutional investors (including REITs and pension funds), well-capitalized developers and corporate owners. Jay has extensive experience in representing developers and owners of industrial distribution facilities and mixed use developments.

Jay is featured as one of the leading Georgia lawyers for real estate in Chambers USA: America's Leading Lawyers for Business, he is listed for commercial real estate in The Best Lawyers in America and is listed in Super Lawyers magazine. Jay has been identified by his clients as part of a select group of 148 attorneys nationally-“The BTI Client Service All-Star Team for Law Firms”-that delivers the best client service to Fortune 1000 clients.

Jay received a B.A., with high honors, in 1984 from Wesleyan University (CT). Prior to entering law school, Jay worked for a real estate developer in Raleigh, North Carolina. He received his J.D., with honors, in 1989 from the University of North Carolina School of Law, where he received the Order of the Coif and served on the North Carolina Law Review.

Wesleyan UniversityBA 1984The University of North Carolina at Chapel HillJ.D. 1989
Pension Real Estate AssociationNational Association of Industrial and Office Properties Association of Foreign Investors in U.S. Real EstateAtlanta Bar Association

Case History

  • Client attorney and lead outside counsel for one of the country’s largest privately owned national industrial development companies. In addition to handling various real estate transactions for this client, he also coordinates legal services provided by the various practice groups at Alston & Bird servicing this client. Jay recently led a team in this client’s programmatic joint venture program with a major state pension fund involving the formation of four joint ventures for the investment, financing and development of over $500 million of industrial properties across the country.
  • Represents pension funds and their advisors in their acquisition, leasing and disposition of all property types. For example, Jay represents one of the largest pension fund advisors in connection with its acquisitions, leasing and dispositions nationally. He recently handled a $750 million disposition of a portfolio of commercial real estate located in 10 cities across the country for this pension fund advisor. Jay’s experience in this regard includes analyzing and counseling as to the various UBTI and ERISA issues facing pension fund investment in the real estate asset class.
Part 2
  • Represents a number of developers of industrial distribution facilities in all aspects of their transactions. Jay is involved in these developments from “cradle-to-grave,” including land acquisitions, assemblages, development, re-development, leasing, protective covenants, financing, joint ventures and sales. For example, he represented the developer of a 1.5 million sq. ft. LEED Gold certified industrial distribution center build-to-suit lease with General Mills. His team was involved in all aspects of this development from land acquisition, re-zoning, securing state economic incentives and grants, entering into a bond/sale-leaseback financing with the local economic development authority, negotiated a railroad sidetrack agreement, created reciprocal easement agreements, and finally negotiated a joint venture to bring in a 75 percent equity investor after completion and negotiated a loan secured by the JV’s leasehold interest.

Office Location

One Atlantic Center, Suite 4900
1201 West Peachtree Street
Atlanta, GA 30309-3424
United States

Practice Areas

Real Estate Law