Karsten's practice covers all aspects of commercial leasing. He advises and assists national, individual and entrepreneurial clients with respect to all leasing-related matters. Karsten has extensive experience with drafting and negotiating commercial leases and all ancillary documentation, as well as providing advice on a broad range of leasing-related issues relating to redevelopments, real estate acquisitions and dispositions, defaults and termination. He acts on behalf of landlords, tenants, developers, property managers, lenders, franchisors and franchisees. Karsten also has extensive experience with leasing-related due diligence matters.

Karsten Lee practises in the area of commercial leasing, representing developers, landlords and tenants.

Karsten's practice covers all aspects of commercial leasing. He advises and assists national, individual and entrepreneurial clients with respect to all leasing-related matters. Karsten has extensive experience with drafting and negotiating commercial leases and all ancillary documentation, as well as providing advice on a broad range of leasing-related issues relating to redevelopments, real estate acquisitions and dispositions, defaults and termination. He acts on behalf of landlords, tenants, developers, property managers, lenders, franchisors and franchisees. Karsten also has extensive experience with leasing-related due diligence matters.

Significant Transactions

Acted for Honeywell (NYSE:HON) in the acquisition by plan of arrangement of COM DEV International Ltd. (TSX:CDV), a leading satellite and space components provider of switches and multiplexers. February 2016.

Publications

"Toronto Ponders Controversial New Parking Tax to Help Balance City Books", WeirFoulds , October 2016

"Client Update - February 2016", WeirFoulds LLP, February 2016

"Quiz: An Obligation to Negotiate a Lease in Good Faith", Canadian Lawyer Magazine, January 2015

"From the Ground Up: Legal Issues for Women Entrepreneurs Roundup", WeirFoulds, June 2014 (with Faren Bogach)

"Quiz: Navigating Franchising Leasing Agreements", Canadian Lawyer Magazine, July 2013 (with David Thompson)

"Quiz - Managing the evolution of commercial spaces", Canadian Lawyer InHouse Magazine, August 2012 (with David Thompson)

"Critical Issues in Office and Industrial Leases, Assignment and Subletting" Hot Topics in Commercial Leasing, Ontario Bar Association, October 16, 2007 (co-authored with Lisa Borsook)

"Commercial Leasing Essentials – The 5 Essential Cases", Practice Gems: Commercial Leasing Essentials, Law Society of Upper Canada, September 19, 2007 (co-authored with Lisa Borsook)

"Operating Costs Audit, A Landlord's Perspective", Return of the Six Minute Commercial Leasing Lawyer, Law Society of Upper Canada, February 2007 (co-authored with Lisa Borsook)

Contributor to the chapter entitled "Good Faith and Fairness In Commercial Leasing", in the upcoming book Shopping Centre Leases 2nd Edition, edited by Harvey M. Haber (authored by Lisa Borsook)

Contributor to the chapter entitled "Redesign, Redevelopment And Relationships: Practical and Legal Considerations when Undertaking Alterations to a Shopping Centre" in the upcoming book Shopping Centre Leases 2nd Edition, edited by Harvey M. Haber (authored by John McKellar and Angela Mockford)

Speaking Engagements

Moderator, "We Built This City – A Construction Primer for Leasing Professionals", ICSC Canadian Shopping Centre Law Conference, Toronto, ON, April 2016

Speaker, 2016 Real Estate Strategy & Leasing Conference, Toronto, ON, October 6, 2016

Speaker, "A House Divided: Issues with Leasing in a Multi-Use Development or Condominium", ICSC Canadian Law Conference, Toronto, April 21-22, 2016

Speaker, "Legal and Regulatory Issues Affecting Building Owners & Property Managers," Springfest, April 7, 2016

Co-presenter, Legal and Regulatory Issues for Property Managers and Owners, Property Management Exposition & Conference, Toronto, November 28, 2012

Awards & Recognition

Recognized by Best Lawyers in Canada 2018 as a leading lawyer in Commercial Leasing Law

Affiliations

Canadian Bar Association

Ontario Bar Association

International Council of Shopping Centers (ICSC)

Partner*

Toronto
Direct 416.947.5062
Fax 416.365.1876
klee@weirfoulds.com
* Partner through a professional corporation

Practice Areas

Leasing
Called to the Bar
Ontario, 2007
Education
Queen's University
LL.B. 2006

University of Toronto
B.Comm. 2001

Awards & Recognition
Recognized by Best Lawyers in Canada 2018 as a leading lawyer in Commercial Leasing Law
Affiliations

Canadian Bar Association

Ontario Bar Association

International Council of Shopping Centers (ICSC)

Called to the Bar

Ontario, 2007

Education

Queen's University
LL.B. 2006

University of Toronto
B.Comm. 2001