Leasing commercial, industrial, office, or retail property is rarely simple. From seemingly straightforward triple-net leases to more complicated sale-leaseback transactions or specialized use or built-to-suit leases, landlords and tenants need an experienced business partner to assist them in drafting, negotiating, and managing those agreements.
Dickinson Wright advises both occupants and owners – particularly large corporations with operations nationwide – providing practical advice across the spectrum of leasing options and configurations.
Comprehensive Leasing Service
Our lawyers routinely prepare and negotiate leases, subleases and assignments, use provisions, options, restrictive covenants, renewals, terminations, and a wide range of other provisions, along with brokerage agreements, management agreements, construction contracts, architect and work letter contracts, development agreements, property management arrangements, and related documentation.
Our leasing experience includes drafting, review, and enforcement of leases for all types of property:
• Single and multi-tenant buildings
• Shopping centers and freestanding retail facilities
• Commercial, office, industrial, and warehouse properties
• Recreational and entertainment facilities
• Mixed-use properties
• Cell towers
• Green leases combined with tax incentives and credits
In addition to primary lease agreements, we draft and review ancillary documents, such as reciprocal easement and operating agreements (REAs), subordination agreements, non-disturbance and attornment agreements (SNDAs), and estoppel letters.
Working in close collaboration with our real estate finance lawyers, we reconcile the competing interests of landlords, tenants, and lenders through the use of lender estoppels, non-disturbance agreements, and other instruments. When disagreements arise, we seek to protect clients’ interests through negotiation, dispute resolution, courtroom litigation, and bankruptcy proceedings.
To complement our attorneys’ deep subject matter experience, Dickinson Wright has developed proprietary transaction management tools and document automation software that enable us to deliver exceptionally quick and cost-effective leasing services, while allowing clients to track the status of negotiations in real time. In appropriate circumstances, we work with clients to implement alternative rate structures, such as fixed-fee arrangements for recurring transactions.
Recognized Experience & Industry Insights
Dickinson Wright’s real estate attorneys are routinely and repeatedly honored by leading industry publications, and are considered among the top lawyers in the United States and Canada.
Published authors of definitive treatises, articles, and legal analyses, as well as frequent speakers on legal trends, our leasing attorneys are also actively involved in professional groups and real estate industry associations.
Our depth and experience in leasing transactions include representation of clients in a vast array of verticals and segments, including automotive and industrial manufacturing, retail stores and big-box chains, health care, energy, sports and entertainment, banking and finance, non-profit, and telecommunications.