Karolina A. Ericsson

Law School
Stanford Law School

Major Cases
Karolina Ericsson is a shareholder in the real estate practice group. She has been practicing for over 15 years and was formerly a partner in the San Diego office of Luce, Forward, Hamilton & Scripps LLP (now McKenna Long & Aldridge LLP). Ericsson has handled multimillion dollar acquisitions and dispositions for both Fortune 500 companies and smaller investors. She is adept at managing the many issues that arise in the acquisition of large portfolio properties including shopping centers and office parks and has developed stream-lined processes for vetting due diligence issues arising under leases, CC&Rs, Phase Is, and other survey issues. She is also creative about mitigating risk and resolving due diligence issues through the use of escrow holdback agreements.

Professional Background
Ericsson’s practice focuses on a wide array of real estate matters, ranging from managing all facets of large real estate transactions involving shopping centers, office parks, apartment complexes and hotels to negotiating easements and resolving complicated title issues. She particularly enjoys working as a partner to new businesses as they expand and grow by negotiating leases, handling acquisitions and developing solid internal infrastructure for the organizations.

Ericsson has extensive experience negotiating leases on behalf of both tenants and landlords with respect to office, retail and industrial properties. From long-term ground leases of out-parcels in shopping centers to large industrial leases of entire buildings to smaller space leases in office buildings, Ericsson is committed to protecting the interests of her clients while taking commercially reasonable positions that facilitate a more streamlined negotiation. Ericsson has represented restaurants, coffee shops, manufacturers, laboratories, and high-tech businesses and appreciates the special lease issues and considerations innate to each business type.

Ericsson’s practice also includes representing developers in connection with both new commercial and residential developments, to include negotiating purchase and sale agreements, conducting the due diligence on title and land use issues, and negotiating joint development agreements and profit participation agreements.

Ericsson also has significant experience in affordable housing (with a background in community development), as well as unique expertise in tenant-in-common syndications of large investment properties. She is well-versed in complicated restructurings for both affordable housing partnerships and tenant-in-common properties, including loan workouts.

Ericsson received her J.D. from Stanford Law School where she was president of the Stanford Law & Policy Review and a recipient of the Foundation of the State Bar of California scholarship. She received her B.S. in management science, summa cum laude, from the University of California, San Diego. Ericsson was privileged to serve as a law clerk to the (late) Honorable Napoleon A. Jones, Jr. of the United States District Court, Southern District. While in law school, Ericsson was also privileged to serve as a legal intern in the White House Office of Counsel under President Bill Clinton's general counsel, Charles Ruff.