Kit F. Pettit

Partner-in-Charge | Pittsburgh

Overview

Kit is a Partner in WH Burkley’s Real Estate Group and the Partner-in-Charge of the Pittsburgh office. Kit was admitted to the bar in 2002 and focuses his practice on commercial real estate, business and finance transactions and general corporate matters. Kit also has extensive experience representing property owners in oil and gas related matters.

In Kit’s commercial real estate practice, he represents and advises developers, landlords, tenants and investors through all phases of commercial real estate development, including acquisition, financing, commercial leasing, development and disposition. Kit’s real estate work involves retail, multi-family, mixed-use, office, warehouse, shopping center, hotel and industrial properties. Kit also devotes significant time representing financial institutions and borrowers in the area of commercial real estate-based lending and construction financing.

Kit’s practice also includes commercial business transactions and general corporate transactions including corporate governance and formation, mergers and acquisitions, private equity and a variety of commercial contracts and business agreements. He routinely acts as outside general counsel for clients and is a trusted advisor, providing general corporate and business counseling to principals and executives.

Kit also has extensive experience representing clients in matters involving oil and gas. He routinely represents property owners in the leasing and sale of oil and gas interests and all types of land and surface use agreements and is a well-known and respected advocate for landowners.

Experience

  • Represented owner in a $70 million market-defining sale of a 714,000 SF Multi-Tenant Light Industrial Complex to a global manufacturing owner-user
  • Represented purchaser in the $13.5 million acquisition of a Multi-Tenant Shopping Center from an ownership group comprised of 28 tenants-in-common
  • Represented sponsor in real estate joint venture for 300-unit multifamily residential apartment building with ground floor retail/commercial space, including land acquisition and contribution and negotiation of joint venture agreement
  • Represented owner in the asset sale of a Materials Recovery Facility including 121,600 SF industrial warehouse facility
  • Represented owner in the sale of an aluminum scrap processing business providing high grade furnace-ready aluminum shred throughout the United States
  • Represented lender in a $34.5 million construction loan for an 8-building multifamily residential suburban style luxury apartment complex with detached garage spaces, storage units and clubhouse and pool amenities
  • Represented lender in a $19.9 million construction loan for a senior living rental apartment complex with 23 separate buildings and 288 units
  • Represented lender in a $13 million construction loan for a 155 room hotel
  • Represented Landlord and Tenants in numerous office, retail, warehouse and industrial leases

 

Recognition

  • Best Lawyers – Real Estate Law | 2019-present

Associations

  • Allegheny County Bar Association
  • Pennsylvania Bar Association
  • National Association of Industrial and Office Properties
  • National Association of Royalty Owners
  • Youth Wrestling and Youth Soccer Coach, Upper St. Clair Athletic Association (2011 – 2023)

Education

  • Ohio University, B.S.
    • cum laude
  • University of Pittsburgh School of Law, J.D.