Our Practice

Full-service counsel for complex
commercial real estate transactions.

Valence advises on the full range of commercial real estate transactions. Every attorney at the firm works exclusively on commercial real estate, bringing focused experience, consistent judgment, and a practical understanding of how these deals are structured, negotiated, and executed across four core practice areas.

Commercial Leasing & Subleasing

The center of our practice. We represent landlords and tenants in sophisticated leasing transactions across the full spectrum of asset classes, from single-location leases to complex headquarters transactions, multi-floor expansions, portfolio rollouts, and high-value subleases. Our leasing work spans California and major markets throughout the United States, giving us market perspective shaped by daily work on commercial real estate transactions rather than occasional exposure as part of a broader generalist practice.

We focus on the provisions that shape the business deal over time: rent structure, operating expense exposure, assignment and expansion rights, work letter and delivery issues, default risk, and the allocation of responsibility when business needs change.

Scope of Work
Office Leasing
Headquarters, regional offices, renewals, expansions, and campus leasing
Industrial
Warehouse, distribution, manufacturing, and flex space
Life Sciences & R&D
Laboratory, research and development, and specialized facility leasing
Retail Leasing
Single-tenant, inline, anchor, and multi-tenant retail leasing
Subleasing & Assignments
Sublease transactions, landlord consents, lease assignments, and recognition agreements
Portfolio & Multi-Site Leasing
National portfolios, standardized lease forms, and multi-market leasing strategy
Market Recognition Valence attorneys have represented tenants in numerous leasing transactions recognized as San Francisco Business Times “Real Estate Deal of the Year.”

Acquisitions & Dispositions

We represent buyers, sellers, and corporate end users in acquisitions and dispositions ranging from single-asset transactions to portfolio sales and more complex multi-party deals. Our work covers the full transaction lifecycle, including letters of intent, purchase and sale agreements, diligence review, title and survey analysis, financing coordination, and closing.

Scope of Work
Commercial Property Purchase & Sale
Office, industrial, retail, mixed-use, and land transactions
Due Diligence
Title, survey, zoning, environmental, lease, and service contract review
1031 Exchange Matters
Exchange and replacement property acquisitions
Sale-Leaseback Transactions
Simultaneous sale and leaseback structuring and negotiation
We represent both buyers and sellers. That dual perspective means we understand how the other side reads the deal and where leverage actually lies.

Construction and Other Real Estate Contracts

We draft, review, and negotiate the agreements that support the development, construction, operation, and ongoing management of commercial real estate assets. Our work spans the full lifecycle of a project, from early-stage development and design through construction and day-to-day asset operations.

Scope of Work
Design & Architecture Agreements
AIA forms, owner-architect agreements, and design-build documentation
Construction Contracts
General contractor agreements, and owner-protective construction documentation
Property Management Agreements
Management contracts for commercial and mixed-use properties
Vendor & Service Contracts
Maintenance, building operations, and third-party service agreements
Our approach is informed by the broader transaction. We draft these agreements with an eye toward how they affect leasing, financing, project execution, and long-term ownership objectives.

Commercial Lending

We represent lenders and borrowers in commercial real estate finance transactions, including acquisition financing, construction loans, bridge facilities, permanent loans, restructurings, and loan modifications. We bring practical deal experience to loan structuring and documentation, with close attention to how financing terms interact with the underlying asset, project, and business plan.

Scope of Work
Acquisition Financing
Loan structuring for commercial property acquisitions
Construction Loans
Ground-up development and renovation financing
Bridge & Interim Financing
Short-term financing structures and related arrangements
Permanent Financing
Long-term financing and permanent loan documentation
Loan Modifications & Workouts
Restructurings, extensions, forbearance, and related amendments
Lender Representation
Documentation, diligence, and closing for institutional lenders
Our experience on both the lender and borrower side gives us a practical understanding of how financing documents are underwritten, negotiated, and enforced, and where flexibility can be preserved without losing sight of deal certainty.

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