Kimberlee's practice focuses on a wide range of commercial real estate transactions, including purchases and sales, 1031 exchanges, commercial leases, and financing. Kimberlee represents a diverse group of businesses, owners, and developers with a special emphasis on the forest products, energy, agricultural, and seniors housing industries.
She has extensive experience with timberland and mill purchases and sales in Oregon, Idaho and Montana, including representing the purchaser of 17,000 acres of Idaho timberlands and associated property rights. In the seniors housing market, Kimberlee represents assisted living facility owners in loan transactions and frequently negotiates property management agreements.
Kimberlee negotiates retail leases in shopping centers throughout the United States. She also represents renewable energy clients in land acquisition, title curative matters, permitting due diligence, and project financing. She regularly handles real estate aspects of mergers, acquisitions, and bankruptcy transactions, which included helping a grocery store chain emerge from bankruptcy and obtain new financing secured by over 30 owned or leased properties.
Kimberlee's clients appreciate her timely, efficient, and straightforward approach to problem solving.
Get To Know
“These are totally different kinds of riding,” explains Kimberlee. “Road cycling gets us out to see and experience all the beautiful spaces of Oregon up close and it’s not uncommon to put in 100-mile days. But cyclocross is a fall sport, which is fun, muddy, and technical. We might be racing in terrible weather, but then we get to hang out, cheer each other on, and enjoy a beer with friends when we're done.”
Kimberlee has been racing cyclocross for 10 years. She discovered the sport during law school and eventually the combination of chaos and camaraderie drew her in. Tonkon Torp sponsors Kimberlee’s team, Grouptrail Cycling (which includes fellow attorney David Forman), a family-friendly crew more focused on friendship and fun than setting records.
During a cyclocross race, competitors ride as hard as they can to complete as many laps as possible on a two-mile circular racecourse. The courses, located throughout Oregon, feature combinations of pavement, wooded trails, grass, sand, and steep hills, as well as intentionally-constructed obstacles requiring riders to dismount and carry their bikes. Although she appreciates the unique offerings of each course, Kimberlee’s favorite experience was a race held at Oaks Park in Sellwood. The course had a long portion along the Willamette River that changed in composition from sand to water during the day as the tide rose, keeping riders on their toes to monitor conditions and pick the best line.
Cycling is not just a personal passion. Kimberlee’s practice includes a focus on real estate and sustainability, and she has led efforts at Tonkon Torp to improve sustainable business practices such as making bike commuting more accessible. She also currently serves as the Chair of the Board of Directors for The Street Trust, a nonprofit organization working to improve public transit, walking, and bicycling conditions in Oregon.
Due to COVID-19, the 2020 Oregon cyclocross season was unfortunately cancelled. Kimberlee is looking forward to getting back to the starting line in Fall 2021.
Featured Representative Matters
Environmental Remediation and Purchase of Railcar Facility
Tonkon Torp Helps Albina Head Start Purchase Property for Community Cornerstone
Attorneys from Tonkon Torp’s Real Estate & Land Use Practice Group are celebrating a successful real estate purchase for pro bono client Albina Head Start (AHS). For more than 40 years, AHS has leased space at a former church building in NE Portland for its Tina Clegg Center. The Center, a community pillar for one of Portland’s historic communities of color, houses both a Head Start program serving 60 low-income families and AHS administrative offices that coordinate and provide services for numerous additional families.
Tonkon Torp Attorneys Help Secure Portland’s First Five-Star Hotel Project
Tonkon Torp played a foundational role in paving the way for Oregon’s first five-star hotel development, the 35-story Ritz-Carlton hotel in downtown Portland. Attorneys from the Real Estate & Land Use Law Practice Group represented their client, the landowner, in negotiating an agreement to enter into a ground lease (AEGL) with BPM Real Estate Group, a Portland-based developer, assisting with the fulfillment of the AEGL’s conditions, and closing the transaction with the parties entering into the ground lease itself.
Albina Head Start Turns on First Solar-Powered Building with Assist from Tonkon Torp
When Albina Head Start learned it was awarded a Blue Sky Fund grant to install a rooftop solar array on one of its buildings, it turned to its long-time pro bono legal partner, Tonkon Torp. The nonprofit organization knew that it would need legal guidance to ensure that it could meet the terms laid out in the grant’s detailed and binding Memo of Understanding.
Tonkon Torp Completes Complex Asset Sale for Privately Held Business
In late 2014, Tonkon Torp represented a privately held heavy industrial equipment manufacturer in a complex transaction that included selling business assets and real property, and leasing other related business property. The selling company is a long-term client of the firm.
Historic U.S. Bank Block Sale
Tonkon Torp real estate and tax lawyers were instrumental in the complex, $40 million sale of the historic U.S. Bank Block in downtown Portland to real estate investment firm ScanlanKemperBard. Read more here.
Tonkon Torp Helps Albina Head Start Stabilize Finances for Enhanced Programming
Albina Head Start, Inc. (AHS), which serves more than 1,000 low-income children and their families in North, Northeast and Southeast Portland, faces the future in a stronger financial position thanks to a significant pro bono effort by Tonkon Torp. Find details and more featured cases here.
Tonkon Torp Leads Oregon Grocery Chain Out of Bankruptcy
In one of the quickest and most successful conclusions of a grocery chain bankruptcy proceeding, Tonkon Torp secured court approval of a reorganization plan for C&K Market, Inc., to emerge from Chapter 11 bankruptcy just seven months after filing. Find details and more featured cases here.
Tonkon Torp Helps Commercial Real Estate Owner With Critical Sale Hurdle Through Defeasance
Tonkon Torp’s timely and experienced loan defeasance work permitted a shopping center owner to realize the profitable sale of that real estate in a transaction that initially appeared to be financially infeasible. Find details and more featured cases here.
Community Involvement & Activities
Albina Head Start, Inc.
Pro Bono Lawyer
Multnomah County Advisory Committee on Sustainability and Innovation
Oregon State Bar
Member, Real Estate & Land Use Section Executive Committee
Member, Sustainable Future Section Executive Committee
Former Member, Environmental & Natural Resources Section Executive Committee
The Street Trust
Chair, Board of Directors
Portland Business Alliance
Leadership Portland Class of 2008
Commercial Real Estate Women (CREW)
Multnomah Bar Association
Oregon Minority Lawyers Association
Oregon Women Lawyers
Best Lawyers in America® Includes 49 Tonkon Torp Attorneys on 2021 List
Chambers USA Names 20 Tonkon Torp Attorneys in 2020 Ranking
Four Tonkon Torp Attorneys Appointed to OSB Section Executive Committees
Kimberlee Stafford Elected Chair of The Street Trust Board of Directors
Tonkon Torp Attorneys Author Real Estate Guide for Chambers USA
Tonkon Torp Colleagues Together Through the Long Haul
Chambers USA Names 23 Tonkon Torp Attorneys in 2019 Ranking
Tonkon Torp Sponsors Street Trusts 2018 Alice Awards
Chambers USA Names 20 Tonkon Torp Attorneys as Leaders in Their Field
Kimberlee Stafford Joins The Street Trust Board of Directors
Transfer on Death Deeds: A Good Tool for Estate Planning in Oregon?
Supreme Court Allows Superfund Cleanup Cost Recovery
Deadline Extended for Resolution of Certain Measure 37 Claims
Deadline to File Certain Measure 37 Claims is December 2, 2006
Publications & Presentations
"USA Regional Real Estate Guide – Oregon," Chambers and Partners, May 2019
"Key Issues in Retail Leasing," Women's Networking Group, November 2017
"Commercial Leases," The Fundamentals of Real Estate and Land Use Law Seminar Series, Multnomah Bar Association Young Lawyers Section, September 2017
"Title Insurance and Survey Review: What You Need to Know" and "Step-By-Step Through the Purchase Contract," Handling Real Estate Transactions with Confidence, National Business Institute, December 2013
"REITs, Master Limited Partnerships Could Make Playing Field More Level for Renewables," Sustainable Business Oregon//Portland Business Journal, June 2013
Co-Editor, Environmental Volume 1: Regulation and Permitting, Oregon State Bar, 2013
"Oregon's New Transfer on Death Deed," Rotary Club of East Portland, July 2012
"Oregon Can't Afford Not to Invest in Renewables," Daily Journal of Commerce, March 2012
"Wind Energy Facilities Real or Personal Property," Daily Journal of Commerce, August 2011
Moderator, "The Promise of Development: Natural Resource Issues in a New Economy," Oregon State Bar