Commercial Leasing

 

We represent landlords and tenants in leases for shopping centers, office, flex, warehouse, industrial and mixed-use properties, and in the ground leases underneath them.

 

Practice Contacts
David A. Katz · Zaheer Abbas

 

A lease is a long document that usually turns on a short list of provisions: the work agreement, the operating expense structure, what the tenant may assign, and what either party can do when the other stops performing. That is where we spend the time.

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Our services include

 

• Letters of intent and lease negotiation

• Ground leases and land unit leases

• Work agreements and delivery conditions

• Operating expense, CAM and tax provisions

• Renewals, expansions and amendments

• Subleases, assignments and change-of-control provisions

• Subordination, non-disturbance and attornment agreements

• Estoppel certificates

• Lease enforcement and default remedies

• Terminations, buyouts, workouts and restructurings

• Model home and sales office leases

• Industrial outdoor storage and yard leases

• Multi-site and multi-state portfolio management

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Representative Matters

 

• Manages a portfolio of more than 90 medical office leases for a multi-state injury care and rehabilitation clinic operator, handling new leases, renewals, amendments, expansions, relocations, subleases, commencement date agreements, work letters and terminations, and running a portfolio-wide lease audit and expiration calendar.

• Advises a private equity-backed primary care and urgent care platform on a seventeen-lease clinic portfolio, handling amendments, assignments, tenant estoppel certificates and negotiated early terminations as part of a post-acquisition portfolio rationalization.

• Serves as leasing counsel to a family-held Maryland commercial landlord, negotiating more than twenty retail, office, flex and restaurant leases and guaranties across its owned centers in Anne Arundel and neighboring counties, together with the amendments, assignments, estoppel certificates, subordination agreements and enforcement matters that follow.

• Represented the seller of a multi-tenant retail center in Frederick County, Maryland, running the tenant estoppel and subordination process across the rent roll and the assignment of leases through to settlement, after two earlier sale processes had been negotiated and did not close.

• Coordinated the simultaneous termination of leases at three healthcare locations in Maryland and Virginia on a single day for a multi-site operator.

• Represented a purchaser in the acquisition of a veterinary clinic property in New Jersey, including title and survey review, title objections, and the lease to the operating company delivered at closing.

To discuss a lease or a portfolio, get in touch.

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Individual attorney admissions vary. We provide services only as permitted by applicable law and work with locally admitted counsel where required.