Buchalter has a diverse and sophisticated commercial leasing practice, representing landlords and tenants nationwide in structuring, drafting and negotiating complex lease transactions.
Our leasing experience includes office leases, industrial leases, build-to-suit leases, retail leases, shopping center leases, hotel and restaurant leases, ground leases, and sale-leaseback transactions.
We also handle the structuring and implementation of commercial leasing programs for office building and shopping center owners, and are well-versed in green building issues. We are fully knowledgeable about the wide array of issues that impact successful retail leasing, including use restrictions, signage rights, tenant exclusives, parking and access, reciprocal easement agreements, and operating covenants.
We represent clients in all aspects of the leasing process, including the negotiation of letters of intent, leases, work letters, extension agreements and other lease amendments, termination and work out agreements, estoppel certificates, and related documents. We also have extensive experience drafting, reviewing and negotiating lease assignment and assumption agreements, signage rights, lease guarantees, subleases, subordination and non-disturbance agreements, and landlord consents.
Our team of practical and experienced leasing attorneys is expert at striking the right balance between promoting a client’s business strategy, and proactively managing its risks. Our clients benefit from the synergies between our leasing group and our general real estate, real estate finance, land use, alternative technologies, tax, workout and litigation practice.
Representative Matters
- Representation of major skincare brand in lease transaction involving a 45,000 square foot office space for their corporate headquarters
- Negotiation of real estate and construction contracts and performed due diligence for the opening of more than 125 new Panda Restaurant Group locations
- Negotiation of over 40 ground and space lease transactions and acquisitions as part of a national bank’s expansion of its branch network
- Representation of shopping center landlords in lease transactions with national restaurant chains and retailers
- Management of all leasing legal matters for receivers with office and retail portfolios consisting of hundreds of thousands of square feet in CA and NV
- Analysis of complex lease portfolios for a national health care REIT
- Representation of regional landlord in the negotiation and preparation of retail leases for over 100 shopping centers constituting approximately 3 million square feet of space in Arizona, California and New Mexico
- Representation of local and national developers in connection with the due diligence, acquisition, financing and leasing of office, retail and mixed-use developments
- Representation of regional and national developers in the preparation and negotiation of development agreements, economic incentive agreements and infrastructure coordination agreements throughout Maricopa and Pinal Counties
- Representation of national franchisor in the leasing of retail projects in Arizona and California
- Represented Metrocenter Mall in lease transactions with national restaurant chains and retailers
- Represented bank in lease transaction involving an approximately 50,000 square foot office space, and an approximately 25,000 square foot expansion
- Assisted Parkway Properties (NYSE: PKY) with the leasing of space to new tenants, and the relocation of existing tenants, in its Hayden Ferry and Tempe Gateway Projects
- Represented an Orange County-based Fortune 1000 company in its 170,000 square foot headquarters lease, and in the sale of two office buildings
- Represented an Orange County-based developer in its lease with the anchor tenant of a retail center in Kona, Hawaii
- Represented a national fresh food producer in its headquarters lease, agriculture leases, and leases for two food processing and packaging facilities
- Represented a well-known national university oriented towards working adults in its national leasing efforts
