In certain U.S. markets, there has been seismic change in the manner and method of office space use, needs, funding and future. Tenants are looking to downsize with the flexibility to handle an increasingly hybrid workforce and to grow in the future. Landlords are reacting to lower rents, increased vacancy and impending mortgage maturity dates, and are considering the possibility of change of use, adding amenities, or even the sale of the building. This legal update is intended to review these changes and provide insight from a tenant, landlord and lender perspective.

Our three speakers are Anita Agajanian, Mike Williams, and our very own Jason Maxwell.

Anita Agajanian is a real estate partner in the Boston office of DLA Piper. Her practice includes development, acquisition, finance and construction, with a special focus on office, retail, industrial, biotech and other leasing matters. She has been elected as a Fellow of the American College of Real Estate Lawyers (ACREL) and serves as a legal expert for a class at the MIT Center for Real Estate. She is a frequent speaker, including serving as a co-chair of and presenter at the annual ALI Modern Real Estate Transactions Conference.

Mike Williams is a senior shareholder at Senn Law in Denver, Colorado. Mike has been practicing for over thirty-five years and has extensive experience in leasing, financing, acquisition and disposition of office, industrial, retail, resort and multi-family properties across the country and enjoys teaching for many legal associations including the American Bar Association, American Law Institute and is an active fellow in the American College of Real Estate Lawyers.

Jason Maxwell is the former Senior Vice President and General Counsel for The Irvine Company and Global Co-Head of Legal for Hines. Prior to going in-house in 2006, he was a corporate and securities partner at Locke Lord LLP. Having led legal teams for two of the world’s largest office owners, he brings an insightful landlord perspective to the panel.

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