Derick Wallace

In a city as dynamic and ever-evolving as Washington, DC, real estate development and property transactions are frequently at the forefront of urban growth. Navigating the complex interplay of land use regulations, zoning laws, historic preservation guidelines, and intricate financing arrangements requires highly specialized legal expertise. For developers, investors, and property owners seeking to make their mark on the District’s landscape, having a knowledgeable and dedicated attorney is crucial. This is where Derick Wallace, a skilled real estate development and transactional attorney, offers invaluable legal counsel right here in Washington, DC.

Derick Wallace is an attorney based in Washington, DC, whose practice is keenly focused on real estate development and transactional law. He operates within the framework of a reputable law firm, offering a comprehensive approach to property-related legal challenges. His expertise spans a broad spectrum of real estate matters, including acquisitions, dispositions, financing, development projects, and land use issues. Mr. Wallace is well-versed in the full range of activities involved in complex real estate deals, from initial research and due diligence to drafting and reviewing contracts. He is particularly adept at helping clients navigate the often intricate and nuanced issues that arise in property development. Prior to his current role, Derick gained valuable experience through roles like a student attorney for GW Law's Small Business and Community Economic Development Clinic and as a law clerk for the Equitable Housing Institute, showcasing his commitment to community and nuanced understanding of real estate's broader impact.

The office where Derick Wallace practices is conveniently located in the bustling business hub of Washington, DC. You can find him at 1999 K St NW, Washington, DC 20006, USA. This address places the firm within one of the District's most prominent commercial corridors, known for its concentration of law firms, corporate offices, and associations.

The 1999 K Street NW location offers exceptional accessibility for clients across the District and the wider metropolitan area. It is within a very short walking distance of multiple Metro stations, including Farragut West (Orange, Blue, and Silver Lines) and Foggy Bottom-GWU (Orange, Blue, and Silver Lines), providing direct links to various parts of Washington, DC, Maryland, and Virginia. Numerous Metrobus routes also serve the K Street NW corridor, offering additional public transportation options. For those arriving by car, there are several commercial parking garages available in the immediate vicinity, though it's always advisable to account for the busy nature of downtown DC and plan for potential traffic and parking availability. The prime location underscores the firm's dedication to serving a clientele engaged in high-stakes real estate and business ventures.

Derick Wallace specializes in providing comprehensive legal services within the realm of real estate development and transactions. His practice areas are critical for individuals and entities involved in property ventures in and around Washington, DC. Key services offered include:

• Real Estate Acquisitions: Guiding clients through the legal process of purchasing commercial properties, undeveloped land, or existing structures, including due diligence, contract negotiation, and closing.
• Real Estate Dispositions: Assisting clients with the legal aspects of selling real estate, ensuring smooth transactions and compliance with all relevant regulations.
• Real Estate Financing: Providing counsel on various types of real estate financing arrangements, representing both borrowers and lenders in securing and structuring property loans.
• Real Estate Development: Advising on the legal framework for new construction projects, redevelopments, and expansions, ensuring compliance with local, state, and federal regulations.
• Land Use & Zoning: Navigating the intricate land use and zoning laws in Washington, DC, to help clients obtain necessary permits, variances, and approvals for their development projects.
• Historic Preservation: Counseling on legal requirements and strategies for projects involving historic properties, balancing development goals with preservation guidelines.
• Contract Review & Drafting: Meticulously reviewing and drafting all necessary contracts related to real estate transactions, ensuring clarity, compliance, and protection of client interests.
• Due Diligence: Conducting thorough legal due diligence to identify potential risks and liabilities associated with real estate properties before acquisition or development.
• Representation of Non-Profits in Real Estate Deals: Leveraging prior experience working with non-profit clients to address their unique real estate needs and devise strategic solutions for community-oriented projects.

Derick Wallace offers several compelling features and highlights that make him a valuable legal resource for real estate matters in Washington, DC:

• Specialized Real Estate Focus: His practice is entirely dedicated to real estate development and transactional law, ensuring a deep level of expertise and up-to-date knowledge of the nuanced legal landscape in this sector.
• Comprehensive Transactional Skill Set: Derick handles the full spectrum of real estate matters, from initial negotiations and due diligence to complex contract drafting and review, providing end-to-end legal support for property deals.
• Understanding of DC-Specific Regulations: Operating in Washington, DC, he possesses specific knowledge of local land use, zoning, and historic preservation laws, which are critical for successful development in the District.
• Experience with Complex Issues: His ability to help clients "navigate complex issues" suggests a capacity to handle challenging legal scenarios that often arise in large-scale real estate projects.
• Community-Oriented Background: His prior roles with the GW Law's Small Business and Community Economic Development Clinic and the Equitable Housing Institute demonstrate a broader understanding of real estate's impact on communities and a commitment to strategic solutions.
• Recognized for Impactful Deals: Being associated with accolades like the "Washington Business Journal, Best Real Estate Deal of 2023 'People's Choice Award,' and Community Impact Award" for his representation of the Girl Scout Council of the Nation's Capital further highlights his significant contributions to the local real estate landscape.

As a professional legal service provider within a prominent law firm, Derick Wallace and his firm do not offer traditional "promotions" or "special offers" in the commercial sense. The value they provide is derived from their specialized expertise, strategic counsel, and diligent representation in complex real estate matters. However, like many reputable law firms, they typically offer initial consultations to prospective clients. This consultation serves as an important opportunity for individuals, developers, or businesses to discuss their specific real estate project or challenge, receive an initial assessment of their legal needs, understand potential strategies, and learn about the firm's approach and fee structure. This initial discussion is crucial for establishing rapport and determining how Mr. Wallace's expertise aligns with the client's objectives. Individuals and entities interested in leveraging his services are encouraged to contact the office directly to inquire about scheduling such a consultation.

To connect with Derick Wallace for inquiries or to discuss your real estate development and transactional legal needs, please use the following contact details:

• Address: 1999 K St NW, Washington, DC 20006, USA
• Phone: (202) 721-0011
• Mobile Phone: +1 202-721-0011

For the most current information, including office hours or to schedule a consultation, it is always recommended to visit the official website of his law firm or call his office directly.

For individuals and businesses deeply invested in the real estate landscape of Washington, DC, Derick Wallace offers an exceptionally suitable and valuable legal resource. The District's real estate market is notoriously complex, shaped by unique land use regulations, strict zoning ordinances, and a strong emphasis on historic preservation. Navigating these intricacies requires an attorney with specialized knowledge and practical experience right here in the city.

Derick Wallace's dedicated focus on real estate development and transactional law directly addresses the core needs of developers, property owners, and investors in the DC area. His ability to handle everything from acquisitions and financing to complex land use and zoning issues makes him a comprehensive partner for any real estate venture. Furthermore, his involvement in community-impactful deals and his understanding of non-profit real estate needs underscore his connection to the local community. For anyone in Washington, DC, looking to embark on a development project, acquire or sell property, or simply understand the regulatory hurdles, Derick Wallace provides the essential, local, and expert legal guidance needed to succeed in the District's unique real estate environment.