Real Estate/Development
Apr. 25, 2012
Finding space for innovation
In a bid to lure and retain high-quality commercial tenants, lawyers are increasingly drafting creative lease deals in which landlords give lessees greater leeway to redesign the buildings to their liking.
Daily Journal Staff Writer
Pac-12 Enterprises, the content and media arm of the Pac-12 Conference, was keenly interested in moving its headquarters into a 70,000-square-foot office building in San Francisco's South of Market neighborhood.
But to make the lease deal pan out last year, Tony Natsis, lawyer for landlord Kilroy Realty Corp., had to convince his client to agree to let the tenant build a two-story studio wi...
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