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From the sound of it, Nanometrics Inc.’s acquisition of Accent Optical Technologies Inc. was one big reunion where everyone knew each other. But lead Wilson Sonsini Goodrich & Rosati partner Aaron Alter, representing Nanometrics, insists the $80.9 million deal was no party. “It was work,” he said. Nanometrics’ ties to Wilson Sonsini go back more than 30 years, Alter said, when Larry Sonsini first incorporated the Milpitas-based company. Nanometrics sells optical equipment to the semiconductor industry. Wilson Sonsini also has indirect ties to Accent. Based in Bend, Ore., the company nearly went public in the first quarter of 2004. Deciding later that market conditions weren’t right, its leaders chose to sell instead. “We were going to be on the other side of that deal had they gone public,” Alter said, adding that Wilson would’ve represented Accent’s underwriters. Representing Accent were attorneys from Seattle firm Perkins Coie, including partner Neil Nathanson who had worked with Alter at Wilson Sonsini in the past. Also on the Wilson Sonsini team were partner Julia Reigel, and associates Troy Foster, Michael Goldman and Cameron Smith. Accent’s legal attorneys also included lead partner Roy Tucker, partners Carl Crow, J. Thomas Cristy and David Symes, associates Michael Gadd, Marco Materazzi, Neal Hudders and Emily Gavin, and of counsel Aaron Courtney. � Petra Pasternak SHOP TILL YOU DROP Morrison & Foerster partner Peter Aitelli just helped client UBS Realty Investors through one big shopping spree: acquiring 21 lifestyle shopping centers in Southern California and Arizona. Aitelli says the $900 million deal was one of the largest retail transactions in 2005, representing about 4 million square feet of property. “Our client was interested in acquiring a portfolio of high-quality, well-positioned retail assets,” he said. “This particular portfolio was strong because of the identity and the quality of the tenants.” Some of the lifestyle shopping centers have already been built, while others are still under development. In general, these are malls anchored by a larger store, such as a Target or Wal-Mart, with other big tenants including movie theaters and gyms. The first stage of the transaction involved a $350 million acquisition of assets that closed in December. The second stage, a $275 million acquisition of assets, closed last week. The acquisition of the remaining assets, valued at about $275 million, will occur in two additional stages, to close in 2006 and 2007 respectively. The first two sets of acquisitions were purchased through a combination of cash and debt, and the rest will be all cash. UBS is acquiring an interest of about 95 percent in the malls, although it varies between each property. Aitelli said the deal involved 600 tenants, requiring a “monumental” amount of due diligence and documentation. Arizona-based Fennemore Craig acted as local counsel, and the unidentified developer was represented by Sacks Tierney. MoFo’s team for UBS also included Los Angeles partner Raj Tanden, associates Susannah Cupp, Rada Blumkin, Eric Burton and James Ho, of counsel Kevin Cops, and San Francisco associates Pamela Dobie, John Derek Boswell, Amy Ingram and Paul Suh.Marie-Anne Hogarth

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