Real Estate Practices Add Partners in LA as Demand Rages for Industrial and Retail Projects

The Recorder (August 12, 2021) Real estate transactions are alive and well. The flavor of the times, real estate lawyers suggest, is a rapid movement toward investments in industrial centers and warehouses and experiential retail and medical offices. To meet the demand for deals that outpace pre-pandemic levels, several Big Law firms have beefed up their real estate practice groups, including hires in Southern California. Allen Matkins Leck Gamble Mallory & Natsis, a Los Angeles-born firm known for its real estate expertise since inception, has taken note of similar trends. The firm last week brought on Michael Kostecka as a real estate partner to its Los Angeles office. Kostecka specializes in representing landlords and tenants in office leasing deals in addition to a variety of commercial real estate, joint venture, and preferred equity investment transactions for real estate investment clients, according to the firm. “The pace and quantity of leasing transactions increased dramatically corresponding with the availability of vaccines,” Kostecka said of the recent market upswing. Read More (subscription may be required)