Practice Area
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Commercial Leasing & Subleasing

The center of our practice. We represent landlords and tenants across every major asset class — office, industrial, retail, life sciences, and R&D — in transactions ranging from single-location deals to complex multi-building portfolio matters.

Office Industrial Retail Life Sciences R&D Sublease Landlord Tenant Portfolio
Overview
Commercial leasing is not just the largest part of our practice — it is the discipline around which Valence was built. Every attorney here understands lease economics, risk allocation, and the practical realities of how complex transactions actually get done.

We represent landlords and tenants in the full range of leasing transactions. Our clients include public and private technology companies, institutional landlords, growth-stage businesses, retailers, life sciences companies, and investors across California and major markets throughout the United States.

Our attorneys trained at leading national firms and carried that experience into a practice defined by singular focus. That concentration means our team has handled hundreds of millions of square feet of leased space — giving us a depth of market knowledge that generalist firms simply cannot match.

We focus on what matters: rent structure, operating expense exposure, flexibility rights, termination options, assignment and subletting restrictions, and the provisions that determine who bears risk when business circumstances change. We don’t mark up leases for the sake of markups. We work to understand your transaction and push on what actually drives outcomes for your business.

What We Handle

Across every
asset class and market.

Office Leasing

Headquarters, regional offices, and build-to-suit transactions — landlord and tenant. Including large-scale campus and multi-building matters.

Industrial & Logistics

Warehouse, distribution, manufacturing, and last-mile facilities. Including specialized build-to-suit industrial and cold storage.

Life Sciences & R&D

Lab, R&D, and mixed-use tech campus leasing. Including complex tenant improvement negotiations and hazardous materials provisions.

Retail Leasing

Single-tenant and multi-tenant retail, inline and anchor spaces. Co-tenancy provisions, exclusives, and percentage rent structures.

Subleasing & Assignment

Sublease negotiations, landlord consent agreements, recapture provisions, and space dispositions for tenants restructuring their portfolios.

Portfolio & Multi-Site

National portfolio management, standardized lease forms, multi-market transaction coordination, and national real estate counsel engagements.

How We Work

A practical approach
to every transaction.

01
We focus on what moves the needle

Not every lease provision carries equal weight. We identify the terms that actually drive economic and operational outcomes for your specific transaction and concentrate our effort there — not on issues that look significant on paper but rarely matter in practice.

02
We think like clients, not just lawyers

A lease is a business arrangement first. We take the time to understand your business objectives, your space requirements, and your risk tolerance before we pick up a red pen. Our advice is grounded in what serves your transaction, not in protecting our markup record.

03
We move at deal pace

Leasing transactions run on tight timelines with multiple parties, brokers, and business deadlines in motion. We respond quickly, communicate clearly, and keep deals moving — without sacrificing thoroughness on the issues that require it.

04
We bring market context to every negotiation

With decades of experience across California and major markets nationally, we know what market-standard looks like — and when a landlord or tenant is asking for something genuinely unusual. That context helps clients make faster, better-informed decisions at the table.