Posternak Blankstein & Lund LLP is now Arent Fox. Read the press release

Rachel J. Richardson

Partner
Rachel is a partner in the General Business group. 
Rachel Richardson, Business partner

Rachel counsels clients in various industries such as sports, real estate, hospitality, and health care in connection with various types of commercial, real estate, and corporate transactions. Rachel has developed a business-oriented approach to managing these types of transactions due in large part to her experience on the client side of the business.

Client Work

Rachel represents clients in the preparation and negotiation of various types of commercial agreements, including sponsorship agreements, trademark licensing agreements, manufacturing and supply agreements, and distribution agreements. She also represents purchasers, sellers, and developers in all aspects of real estate transactions.

Representative Transactions

Some of Rachel’s recent matters include representing:

Corporate & Commercial

  • Mars, Incorporated in connection with its sponsorship agreement with NASCAR.
  • Mars Petcare in connection with its sponsorship of the Flying Fur event at the Flying Pig Marathon.
  • The Wm. Wrigley Jr. Company in connection with its sponsorship agreement with the Cincinnati Reds.
  • Mars Chocolate in connection with its sponsorship of the M&M’S® Opera in the Outfield event with the Kennedy Center.
  • The Wm. Wrigley Jr. Company in connection with the negotiation of an event sponsorship agreement with a WNBA team.
  • The Wm. Wrigley Jr. Company in connection with its sponsorship agreement with the Toronto Raptors.
  • The Wm. Wrigley Jr. Company in connection with its sponsorship of the Bentonville Film Festival.
  • Mars, Incorporated in connection with its sponsorship agreement with Joe Gibbs Racing.
  • Mars, Incorporated in connection with a naming rights agreement involving a prominent national landmark.
  • Mars Chocolate and various Mars Chocolate affiliates in connection with food licensing agreements involving co-branded food products.
  • Mars, Incorporated and its affiliates in the drafting and negotiating of trademark license agreements, including agreements covering Mars licensed products.

Real Estate

  • A prominent New York real estate developer in connection with the put/call financing through i-Star of a $120 million, 233,000 square-foot build-to-suit office building in New Hyde Park for Dealertrack.
  • A prominent DC real estate developer in the $167 million sale of a major event venue in Washington, DC.
  • DLC Management Corporation and its affiliates in multiple acquisitions, dispositions, and financing of individual shopping centers and shopping center portfolios aggregating approximately $1.75 billion, with an additional 10.3 million square feet of shopping centers acquired in just the last three years.
  • A prominent New York real estate developer in connection with a $70 million acquisition and construction financing of the New Village at Patchogue luxury apartment building project.
  • A prominent New York real estate developer in the formation of a joint venture with UBS for the construction, development, and financing of the Shipyard in Port Jefferson, NY, a $44 million project that consists of 112 luxury apartments.
  • A high-net-worth individual in the $200 million sale of the Irene Apartments, a 525-unit apartment complex in Montgomery County, MD.
  • A prominent DC real estate developer in connection with the $400 million sale of the Grand Hyatt Hotel in downtown Washington, DC.
  • A prominent New York real estate developer in the first phase of a $600 million Long Island development project that will include 1,450 apartment units and 545,000 square feet of retail and office space. Arent Fox attorneys assisted in the formation of a joint venture with Olayan Group, as well as a $110 million construction loan from Bank of America for the first phase of the project. “Ronkonkoma Hub” is expected to satisfy the unmet needs in the local community, create jobs, facilitate economic expansion, increase tax revenues, and become a destination location for the region.
  • Buccini-Pollin Group in connection with the acquisition and financing of its office portfolio, containing approximately six million square feet of office (and some retail) space located predominately in Delaware and Pennsylvania. 

Previous Work

Prior to joining Arent Fox, Rachel worked on negotiating construction contracts and providing cost engineering services for a national construction company. This work included analyzing the financial performance of large construction projects, including Redskins Stadium and Capital One Arena (formerly, MCI Center).

Life Beyond the Law

Rachel is a longtime resident of the Washington, DC area. She enjoys running, hiking, reading, and traveling.