Ian Graf  


Executive Summary

Ian Graf is a partner in the Commercial Real Estate Group in our Vancouver office. Ian's practice covers all aspects of commercial real estate, with a focus on acquisitions, dispositions, real estate lending, commercial leasing and real estate development.

Ian acts for purchasers and vendors of commercial real estate, including advising on ownership structure, negotiating and drafting purchase agreements, options to purchase and other principal agreements, advising on due diligence issues and undertaking closing matters.

Ian acts for lenders and borrowers with respect to all types of real estate financings, including acquisition financing, construction financing and structured development finance.

Ian advises landlords and tenants in all aspects of commercial leasing, including drafting standard form leases, negotiating and reviewing ground leases, leases, subleases and licences and advising on landlord-tenant disputes.

Ian also advises owners and developers with respect to rezoning, subdivision and other local government approvals and with respect to issues under the Land Title Act, the Strata Property Act and the Real Estate Development Marketing Act.

Ian has previously been General Counsel for a privately held real estate investment and development company active in Canada and the United States. As General Counsel, Ian oversaw all aspects of the company's legal affairs and worked hand-in-hand with executives to develop and implement the Company's investment, mortgage lending and property development decisions. Ian began his legal career in New York City, practicing commercial real estate law with a leading global law firm.

Representative Work

Commercial Real Estate Transactions

  • Acted for the purchaser in a $36 million acquisition of a port-related logistics facility located on Port Metro Vancouver lands.
  • Acted for the vendor in the disposition of a portfolio of properties comprising 12.5 acres surrounding a SkyTrain station in Burnaby, British Columbia.  The $111 million sale included vendor take-back financing of $70 million.
  • Acted for the purchaser in a $113 million acquisition and financing of a portfolio of office and industrial properties in British Columbia and Ontario
  • Acted for the purchaser in a $148 million acquisition of a 317,000 square foot mixed-use development in Langley, British Columbia that incorporates entertainment, retail and office space as well as rental multi-family residential units.
  • Represented a major pension fund with respect to a three party exchange of co-ownership interests and a re-organization of co-ownership structures in two office towers in downtown Vancouver and a multi-building office complex in Mississauga, Ontario.

Real Estate Lending

  • Act for an international real estate development firm in respect of its structured development finance program in British Columbia.
  • Regularly act for lenders and borrowers with respect to acquisition financings, re-financings and construction loans.

Commercial Real Estate Leasing

  • Acted for the landlord of a 545,000 square foot logistics facility to prepare standard form lease documentation and to negotiate and advise on the initial lease up of the facility.
  • Counsel to a national wireless telecommunications company in respect of all British Columbia real estate matters, including advising on the acquisition and disposition of leasehold, right of way and other real property interests on both private and public lands.
  • Counsel to a short-line railway in respect of leasing matters and numerous other types of land-use and operating agreements.

Publications & Presentations

  • Contributing Author, "Land Title Office," Due Diligence Deskbook, The Continuing Legal Education Society of British Columbia, 2016, 2015, 2014, 2013 & 2012.
  • ​Speaker, "Contract Clauses: They Don't Always Mean What You Think They Mean", BLG U, May 2014.
  • Speaker, "Boilerplate in Contracts," BLG U, April 2013
  • Speaker, "Managing a Commercial Real Estate Purchase," BLG U, November 2011.