Terrence M. Lee

Terrence M. Lee


Sullivan Meheula Lee, LLLP

Recognized since 2010

Honolulu, Hawaii

Practice Areas

Closely Held Companies and Family Businesses Law

Land Use and Zoning Law

Real Estate Law

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Terry is one of the most experienced real estate and restaurant attorneys in Hawaii and is a licensed real estate broker. In his roughly 40 years of practice, Terry has represented a "who's who" list of local and national developers, hoteliers, investors and entrepreneurs on a wide variety of Hawaii real estate acquisition, development, business, hotel and restaurant matters. Terry's current clients include Safeway, Inc., Parallel Capital Partners, Roy's Holdings, Inc., Outback Steakhouse, Inc., Ruth’s Chris Steak House, Diamond Parking, Inc., and Watumull Properties Corp.

Terry has substantial experience in all aspects of investment and development projects — from acquisition through development, operations, leasing and sales. Terry's representation has included owners and investors in retail/commercial operations, shopping centers, warehouses, hotels, restaurants, office buildings, service companies, and other businesses. Terry's work routinely includes advising on appropriate legal structure, advising on and negotiating key deal points, handling land use requirements, resolving title issues, negotiating and drafting long term ground leases, operating/partnership agreements, tenant leases, construction agreements, financing arrangements, brokerage agreements, and other core contracts. Terry also has extensive experience representing commercial landlords and tenants in all aspects of leasing transactions with particular emphasis on commercial/retail and restaurants. Terry also represents a significant number of clients seeking to obtain, retain, or transfer liquor licenses throughout the islands.

Terry's extensive business experience allows him to bring a unique perspective to his legal practice. Terry co-founded several successful businesses in Hawaii, including the world-famous Roy's Restaurants, (www.royshawaii.com). Terry has served and currently serves as a director of several large Hawaii companies, including Gentry Pacific, Inc. (land ownership and investments) and Roy's Holdings, Inc. (the owner of Roy's Restaurants in Hawaii). Effective July 1, 2015 through December 13, 2020, Terry served as a member of the board of directors (appointed by the Honolulu City Council) that governs the Honolulu Authority for Rapid Transportation (HART) and was Vice Chairman. HART is a semi-autonomous public transit authority responsible for the planning and construction of the City's fixed guideway rail system. The capital costs of the initial 20 mile portion of the rail system is estimated to cost over $10 billion, exclusive of financing costs.

Over the years, Terry has developed close working relationships with all the major landowners and lenders in Hawaii, including Kamehameha Schools, James Campbell Company, Alexander & Baldwin, Weinberg Foundation, Bank of Hawaii, First Hawaiian Bank, American Savings Bank and Central Pacific Bank. Further, he enjoys a positive working relationship with all the major escrow and title companies doing business in Hawaii, including Title Guaranty of Hawaii, the title and escrow company that handles many of the large commercial real estate transactions in Hawaii.

Terry Lee was born and raised in Honolulu. He graduated from Iolani School and the University of Hawaii, where he obtained his B.A. in economics, with high honors, in 1977. Terry received his law degree from the University of California, Hastings College of Law, in 1980. Terry is a regular lecturer on Hawaii real estate matters and is a frequent continuing legal education panelist.

Outside of the office, Terry enjoys working out, spending time with his wife and family, and raising and riding horses at his small ranch in Waimanalo.


Contact & Links

Location

  • Pacific Guardian Center, Makai Tower, Suite 2900
    733 Bishop Street
    Honolulu, HI 96813

Languages

  • English

Education

  • University of Hawaii at Manoa, economics, graduated 1977

Bar Admissions

  • Hawaii, Hawaii State Bar Association

Sullivan Meheula Lee, LLLP
Headquarters: Honolulu, Hawaii

5 The Best Lawyers in America® awards

1 Best Lawyers: Ones to Watch in America awards

Best Law Firms Badge
Full Firm Profile

Recognized in The Best Lawyers in America® 2022 for work in:

  • Closely Held Companies and Family Businesses Law
  • Land Use and Zoning Law
  • Real Estate Law

Practice Area

Routinely handle complex commercial real estate transactions, including assisting clients with development, entitlements, financing, leasing, structuring of agreements amongst principals, and purchase and sale. Additionally, I am recognized in Hawaii as the foremost attorney representing restaurants, both with day-to-day legal issues (other than labor law matters) and in advising clients who are opening new restaurants, including liquor license matters.

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