We bring value to our clients’ portfolios by effectively drafting and negotiating favorable lease arrangements.

Our leasing team has drafted and negotiated thousands of leases for regional and national clients in office, industrial, manufacturing, energy, agricultural, medical, retail, and restaurant/food service sectors, among many others. Our attorneys work on diverse and sophisticated transactions ranging from long-term build-to-suit headquarters leases to ground leases for new development, to highly specialized commercial space leases for leading-edge tech companies. Our team has also developed a wide variety of form leases and ancillary documents for brokerage and property management services.

Landlords, tenants, and property managers rely on us to help resolve complicated transaction issues that confront sophisticated property owners and space users.

We understand that each deal is unique and requires a diligent and efficient review of the lease terms while also addressing potential tax implications. We conduct any necessary due diligence review and work closely with our clients and colleagues to resolve title, zoning, permitting, and environmental issues that may come up in leasing transactions.

Representative Matters

  • Represented West Coast-based real estate investment company in the leasing of over one million square feet of office and retail space.
  • Ongoing representation of the owner of 1.2 million-square-foot Seattle office tower in connection with acquisition, financing, leasing and management issues at the building.
  • Represented West Coast developer in the development and leasing of a 16-block, 36-acre mixed-use, transit-oriented development project.
  • Represented high-tech company in connection with lease of 47,000 square feet of office space for new headquarters.
  • Represented West Coast developer in connection with the leasing of a development in Seattle containing approximately 383,000 square feet of office space to a large tech company.
  • Represented large national jeweler on its leases at malls and shopping centers across the United States.
  • Represented port district in ground lease of commercial/retail space located in environmentally sensitive area.

Client Successes

Multimedia

  • Still of Emily Kelly discussing commercial real estate trends

    Seattle-based real estate partner Emily Kelly discusses the evolving landscape of commercial real estate investment and development. From market uncertainty and shifting lease models to the role of AI and the challenges of stalled projects, Emily shares how she helps clients stay agile, mitigate risk, and position themselves for long-term success.

  • Vulcan client feature Emily Kelly still

    Emily Kelly, Partner in the Real Estate group at Stoel Rives LLP, reflects on her five-year involvement in Vulcan’s transformative Four Towers development in downtown Bellevue. From negotiating Amazon’s office lease in the 555 Tower, now the city’s tallest high-rise, just before the pandemic, to navigating unprecedented challenges in an evolving market, Kelly offers firsthand insight into the complexities of high-stakes commercial leasing.

  • How Real Estate Developers Are Adapting to Inflation and Rising Costs

    Real estate partner Scott Rosenthal shares how developers are navigating rising construction costs, high interest rates, and long-term financing challenges. He outlines new strategies in both market-rate and affordable housing projects, from pre-purchasing materials to rethinking equity partnerships. The conversation offers practical insights for developers, investors, and municipalities working to keep projects viable in a volatile market.

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