Kimberlee Stafford

Kimberlee Stafford

Partner

503.802.2062
kimberlee.stafford@tonkon.com

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Services & Industries

Education

J.D., Lewis & Clark Law School, 2005

B.S., Lewis & Clark College, 1994

Bar & Court Admissions

Oregon State Bar
Idaho State Bar

Kimberlee is Chair of Tonkon Torp’s Real Estate & Land Use Practice Group. Her practice is focused on helping businesses with their real estate transactional needs. She has expertise managing complex real estate transactions involving purchases and sales, leases, and financing for office, retail, and industrial properties for a diverse group of businesses, owners, and developers with an emphasis on the medical, veterinary, food and beverage, retail, seniors housing, renewable energy, and forest products industries.

Kimberlee has experience negotiating definitive agreements for commercial real estate development projects, including ground leases for two major hotels in downtown Portland.

She has extensive experience with timberland and mill purchases and sales in Oregon, Idaho and Montana. In the seniors housing market, she 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

Attorney Kimberlee Stafford is a dedicated cyclist. Growing up in Boise, she fell in love with cycling watching the Ore Ida Women’s Challenge, North America’s biggest women’s professional bike race during the 1980s. Further inspired by Olympians Connie Carpenter-Phinney and Rebecca Twigg, as well as the cycling-centric coming of age movie Breaking Away, Kimberlee saved money mowing lawns to buy her first real road bike when she was 12. Many models have since replaced that first bike (still in her possession), but her dedication to cycling sports remains and has only gotten stronger. She enjoys road cycling with her wife to explore scenic Oregon, and pursues cyclocross for the endurance test and fun!

“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 on the Board of Directors for the Oregon Bicycle Racing Association and was formerly 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.

Representative Matters

Asbestos Removal

Represented clients on issues related to asbestos removal.

Lumber Mill Redevelopment

Counseled clients in the decommissioning of old lumber mills in Oregon, Idaho and Montana and preparing them for different land use.

Portland Harbor Superfund Site (CERCLA)

Ongoing representation of a large manufacturing company in the $100 million Remedial Investigation/Feasibility Study for remediation of the Portland Harbor Superfund Site, which has been ongoing for over a decade.

Renewable Project Finance

Assisted global renewable energy developer with due diligence to prepare three renewable projects for the capital markets in advance of pending expiration of applicable federal tax credits. 

Transfer of Contaminated Property

Counseled landowners and developers throughout the country on federal and state environmental laws associated with the sale and purchase of contaminated commercial and industrial property.

In re Stayton SW Assisted Living, L.L.C. (the Consolidated Sunwest Related Entities)

(Bankr. D. Or.) – Tonkon represented debtor, Stayton SW Assisted Living, L.L.C., and over 700 substantially consolidated affiliates, in a Chapter 11 proceeding that resulted in a confirmed Plan of Reorganization. The biggest and most complex bankruptcy case ever filed in Oregon, the consolidation, restructuring and $1.2 billion sale involving over 700 of Sunwest entities demanded legal expertise in bankruptcy, securities, tax, real estate, corporate governance, litigation, mergers and acquisitions, regulated industries and commercial transactions. Al Kennedy and Tim Conway worked with a team of Tonkon lawyers and paralegals who developed and executed a complex resolution that restructured obligations owing to over 90 secured lenders, sold 146 senior living facilities (including approximately 1,200 tenant-in-common interests held by investors), and resulted in distributions to creditors and investors exceeding 100% of their claims.

Site Certificate for Oregon Wind Facility

Represented client to obtain a site certificate from the Oregon Energy Facility Siting Council to construct a 500 MW wind energy facility in Morrow and Umatilla Counties. The project faced stiff opposition from Umatilla County, some local landowners and a local anti-wind coalition. The project presented unique issues related to energy transmission, as the available corridors to connect the project to the interstate transmission grid were constrained and presented considerable development challenges. After a five-year process, including a contested case before an administrative hearings officer that was resolved by a successful motion for summary judgment over the opposition of the Department of Energy, the Council issued a site certificate authorizing construction of the facility.

1031 Exchange for Estate of Deceased Out-of-State Taxpayer

Represented client and his estate in the sale of investment property and the purchase of new investment property in a 1031 tax deferred exchange. The transaction presented unique tax and real estate issues due to the death of the client during the 1031 exchange period. Also, the new property required evaluation of environmental issues due to its former use as a gas station.

Sale of Historic Building

Represented the owner of an entire block of downtown Portland in the sale of the block as part of a 1031 tax-deferred exchange, thereby facilitating two other purchase transactions in Portland and Salem for the client.

Hotel Purchase, Sale, Financing, and 1031 Exchange

Represented hotel investor in sale of two Seattle area hotels and acquisition of a replacement hotel in a reverse 1031 exchange while simultaneously refinancing secured debt.

Eastern Oregon Wind Projects Acquisition

Represented private equity firm in $200 million acquisition and development of five utility-scale wind projects in Eastern Oregon for sale of power to prominent Idaho utility.

Environmental Remediation and Purchase of Railcar Facility

In 1992, Tonkon Torp helped the Greenbrier Companies lease a large railcar repair facility in Cleburne, Texas; the lease included a purchase option. Following extensive environmental remediation performed by facility owner and negotiated by Tonkon Torp, as well as extensive additions and alterations to the property boundaries, Gunderson Rail Services LLC purchased the Cleburne facility in July 2019.

Tidewater Barge Lines

Represented Tidewater Barge Lines, a regional transportation provider, in a nine figure sale to a financial buyer.

Grocery Store Reorganization Financing

Helped a large grocery store chain obtain funds in new financing secured by over 30 owned or leased properties in southern Oregon and northern California.

World's Eighth-Largest Photovoltaic Solar Facility

Provided legal services in connection with the financing of EDF Renewable Energy's 143.2 MW Catalina Solar Project, which became operational in August 2013.  When it opened, the facility in Kern County, California was EDF's largest PV facility in the U.S. and the 8th largest PV facility in the world.

Sale of Industrial Equipment Manufacturer Assets and Real Property

Represented a heavy equipment manufacturer in the sale of its business assets and real property which involved debt payoff, real property sale and leasing, and product manufacturing issues.

Acquisition of 540 Acres, Subject to Conservation Easement

Represented the Columbia Land Trust in the acquisition of 540 acres from the Port of Vancouver, USA in the Vancouver Lake Bottomlands, subject to a conservation easement requiring that the land be actively managed to provide a feeding and nesting area for the costal flock of the Pacific Flyway population of Sandhill cranes.

Refinance of Seatac Holiday Inn

Represented the owner of Seatac Holiday Inn in obtaining a $21,700,000 loan from Laddes Capital.

Coordinated Legal and Political Resolution of Condemnation Threat

Negotiated master lease and right of entry to protect primary place of business under threat of condemnation, while reserving future claims. Involved coordinated strategy with an outside government relations group.

Sale-Leaseback of Fast Food Restaurant

Negotiated the sale and long-term leaseback of two locations of a prominent fast food franchise in Oregon. 

California Solar Development Purchase Options

Negotiated options to sell over 4,800 acres in California's Central Valley for a 700 megawatt potential solar energy project. If built, the projects will generate enough electricity for 300,000 homes.

Restaurant Lease

Negotiated the lease for a Hawaiian-Time Restaurant in Springfield, Oregon. 

Sale of Pulp Mill

Represented Wayzata Investment Partners, a private equity fund, in connection with a sale of Halsey, Oregon pulp mill.

Wetlands Permitting

Represented land development companies in wetlands permitting matters before the Oregon Department of State Lands.

Due Diligence in Real Property Transactions

Regularly provide environmental due diligence for the purchase and sale of manufacturing facilities, industrial real estate, and timberlands.

Complex Reverse Exchange

Owen Blank and Kimberlee Stafford led the Tonkon Torp team in guiding the client through executing a complicated reverse exchange, which involved the purchase of 10 real property interests and the sale of one real property interest pursuant to Section 1031 of the Internal Revenue Code, as amended, and the Treasury Regulations promulgated thereunder. These carefully timed transactions also involved the client's exercise of a put option under the controlling ground lease, the termination of numerous tenancy-in-common agreements, the assumption of dozens of leases, and the coordination of tenants, counter-parties and their counsel, two title companies, and the exchange accommodation titleholder/qualified intermediary company.

Senior Living Secured Financing

Ongoing representation of several national and regional independent and assisted living owners in complex financing transactions, including securitization and defeasance transactions.

Idaho Timberlands Purchase

Represented major forest products company in purchase of 17,000 acres of Idaho timberlands, including associated agreements and acquisition of ancillary property rights.

Tonkon Torp Helps Malarkey Roofing Company Construct a Billion-Plus Sale Strategy

Tonkon Torp guided client Herbert Malarkey Roofing Company through a successful $1.35 billion stock sale to Switzerland-based Holcim Group, one of the world’s largest building products companies. The deal secured a place as one of Oregon’s largest M&A transactions in 2021.

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

Oregon Bicycle Racing Association
Member, Board of Directors

Oregon State Bar
Secretary, Real Estate & Land Use Section Executive Committee
Former Member, Sustainable Future Section Executive Committee
Former Member, Environmental & Natural Resources Section Executive Committee

Multnomah County Advisory Committee on Sustainability and Innovation
Former Member

The Street Trust
Former Chair and Former Member, Board of Directors

Portland Business Alliance
Leadership Portland Class of 2008


Professional Memberships

American Bar Association
Commercial Real Estate Women (CREW)
Multnomah Bar Association
Oregon Minority Lawyers Association
Oregon Women Lawyers

The Best Lawyers in America

2021-2024, Real Estate Law

Chambers USA

2020-2023, Real Estate
2017-2019, Recognized Practitioner – Real Estate

Read More

Oregon State Bar

2015, President’s Sustainability Award

Kimberlee Stafford Leads Tonkon Torp Real Estate & Land Use Practice

Kimberlee Stafford has been appointed Chair of Tonkon Torp’s Real Estate & Land Use Practice Group.

Best Lawyers in America® Includes 49 Tonkon Torp Attorneys on 2024 List

Forty-nine Tonkon Torp lawyers representing 36 practice areas have been selected for inclusion in The Best Lawyers in America® 2024. All of the attorneys have been previously named to the peer-review list, and most have been listed for more than 10 years.

Chambers USA 2023 Ranks 26 Tonkon Torp Attorneys

Chambers USA has recognized 26 Tonkon Torp attorneys in eight practice areas in its Chambers USA 2023 Guide.

David Petersen and Kimberlee Stafford Honored with JD Supra Readers’ Choice Awards

Tonkon Torp partners David Petersen and Kimberlee Stafford have each been honored by JD Supra’s 2023 Readers’ Choice Awards. Kimberlee earned the #6 spot and David earned the #7 spot in Real Estate for their 2022 content and thought leadership.

Best Lawyers in America® Includes 53 Tonkon Torp Attorneys on 2023 List

Fifty-three Tonkon Torp lawyers representing 37 practice areas have been selected for inclusion in The Best Lawyers in America® 2023. Nearly all the attorneys have been previously named to the peer-review list, and most have been listed for more than 10 years.

All News Items

Key Lease Work Letter Issues When the Tenant Is Doing the Work

In her new Ear to the Ground video, the second of a two-part series on lease work letters, attorney Kimberlee Stafford, Chair of our Real Estate & Land Use Practice Group, discusses key work letter issues and situations when the tenant is doing the work. A work letter is the part of the lease that discusses the initial tenant improvements to the premises before the tenant’s occupancy of the premises.

Key Lease Work Letter Issues When the Landlord Is Doing the Work

In her new Ear to the Ground video, the first of a two-part series on lease work letters, Kimberlee Stafford, Chair of our Real Estate & Land Use Practice Group, discusses key work letter issues and situations when the landlord is doing the work. A work letter is the part of the lease that discusses the initial tenant improvements to the premises before the tenant’s occupancy of the premises.

New Law Imposes Liability on Landowners for Cleanup of Illegal Cannabis Facilities

By Kimberlee Stafford – As predicted, the Oregon Legislature took action this past session to crack down on landowners who lease their land to illegal cannabis growers. Governor Kotek signed SB 326 into law last month, and its emergency clause makes it effective immediately.

Can Office to Residential Conversions Help Revitalize Downtown?

By Kimberlee Stafford – Last April, I wrote about office to residential conversions, and the various challenges in making such projects work. On October 11, 2022 the Oregon NAIOP Chapter hosted a panel to discuss how we might make such conversions projects economically viable in Portland.

Oregon Land Conservation and Development Commission Tackles Parking Reform

By Kimberlee Stafford – On May 19, 2022, the Oregon Land Conservation and Development Commission adopted, on a temporary basis, rules known as the Climate-Friendly and Equitable Communities project.

All Ear to the Ground Blog Items

Publications & Presentations

Kimberlee is a regular contributor to Tonkon Torp’s Ear to the Ground blog, which provides timely commentary on issues affecting the commercial real estate and development communities in the Pacific Northwest.

“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