My background is in commercial real estate acquisitions & dispositions. Lately, I’ve started getting really interested in leasing and was thinking about trying to get more experience in that area. Any recs for retooling? I’m currently in-house, but am open to moving back to a firm if that’s the best way to get experience.

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I spent 25 years doing both development work and leasing until switching to leasing exclusively 10 years ago and wish I’d switched 20 years ago. Private firms, not in house. Sophisticated commercial leasing is just as much an intellectual challenge as any sale/acquisition I ever did. I think people who think it is boring have generally not moved up to the highest level in this area (not through any fault of theirs, just lack of experience). I can tell in 5 minutes looking at comments on a lease whether I am going to run circles around OC or have a challenging fun time. Plus there is significantly less stress, way more control over your time, and deals get done in a month or three- you don’t have those awful experiences that keep going for months and months.

OP, to answer your question, you may need to go to a private firm that is either a boutique that does only leasing (that is my current firm) or a practice group that does only leasing. Or a company that has a leasing only group. If you do both, non-leasing will always come first - that’s just the reality of firm life. You need people willing to train because I am sure your level is not where it could be with good training. It’s so worth the change, I encourage you to pursue it.

ICSC has an annual law conference which is excellent. While it is geared only to retail leasing, it us useful for office leasing attorneys too. Plus it’s great networking.

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AI

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Agree, I’m at a firm doing both but definitely doing more leasing right now because of the market and it’s much less interesting than PSA work

What state/market are you in?

I’m in a secondary market in the Midwest

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