Restaurant and Retail

Overview

Behind every restaurant and retail business is a transaction that made it possible.

We represent buyers, sellers, landlords, and tenants in restaurant, bar, and retail transactions. Our work includes structuring acquisitions as asset, stock, or membership interest sales, performing due diligence, negotiating lease assignments, addressing security for deferred purchase price, and managing closing contingencies.

We counsel clients on licensing and permitting, including liquor license transfers and related contingencies, as well as transferee liability, seller representations and warranties, price adjustments, indemnification, and closing. We understand the operational realities of restaurant and retail businesses and structure transactions to address inventory, employees, vendor contracts, and business continuity.

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Representative Matters

Restaurant & Bar Acquisitions

  • Represented purchaser of two adjacent restaurants and liquor licenses for a new restaurant concept in South Boston, Massachusetts
  • Represented purchaser of three restaurant businesses and liquor licenses in North End, Boston, Massachusetts
  • Represented purchaser of a historic restaurant business and liquor license in Nantucket, Massachusetts
  • Represented purchaser of a restaurant and liquor license for a new restaurant concept in South End, Boston, Massachusetts
  • Represented owner in the sale of a historic restaurant business and liquor license in Somerville, Massachusetts

 

Restaurant & Retail Leasing — Landlord

  • Represented owner in the lease of a historic restaurant in Nantucket, Massachusetts
  • Represented owner in lease negotiations for two seafood restaurants in Dorchester, Boston, Massachusetts
  • Represented owner in lease negotiation for a national real estate brokerage in Nantucket, Massachusetts
  • Represented owner in lease negotiation for a national retail tenant in Nantucket, Massachusetts
  • Represented owner in lease negotiation for a national pet store in Leominster, Massachusetts

 

Restaurant & Retail Leasing — Tenant

  • Represented tenant in lease negotiation for a restaurant, bar, and indoor golf facility in South Boston, Massachusetts
  • Represented tenant in lease negotiations for a fitness center and a cycle studio in South Boston, Massachusetts
  • Represented tenant in lease negotiation for a national hardware retailer in South Boston, Massachusetts

 

Retail Acquisitions

  • Represented owner in the purchase of a retail strip mall with cannabis retail tenant in Newton, Massachusetts

News & Insights

The Real Estate Cycle: Where We Are and What It Means

February 21, 2026 | Author:  David J. Murphy The Four Phases Commercial real estate moves through four generally recognized phases:…

Commercial Real Estate Sentiment Steady in Q1 2026 as Debt Availability Improves

February 20, 2026 | Author:  David J. Murphy The Real Estate Roundtable released its Q1 2026 Sentiment Index on February…

Preferred Equity Investment in a 188-Unit Multifamily Acquisition in Covington, Georgia

February 18, 2026-Murphy PC represented a Boston-based preferred equity investor who partnered with a sponsor in the acquisition of a…