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David B. Allswang
Partner / Head of National Leasing Team
Introduction
David Allswang is a partner in Nixon Peabody’s Real Estate group and head of our national leasing team. He represents clients in all areas of commercial real estate.
My focus
I focus my practice on the acquisition, leasing and disposition of commercial real estate. Working on behalf of landlord entities, I have completed projects involving several million square feet of retail space. I work with clients in the United States, Canada, Mexico, Germany, England, China and Israel in relation to acquisition, disposition and leasing of retail, residential, industrial and office properties. I also provide counsel on foreign and domestic formation issues.
I lecture at conferences on lease negotiation strategies and have authored a chapter on Illinois law in the State-By-State Guide to Commercial Real Estate Leases.
Looking ahead
E-commerce continues to expand, forcing retail landlords and tenants to adjust to an evolving landscape. Experiential retail—that which cannot be purchased online—is likely to play a material role in shopping centers for many years to come. Additionally, increased foot traffic, though not necessarily produced from traditional retail sources, will be embraced by existing tenants, which is a departure from traditional thinking.
In the news
- Chicago Tribune
The rent: To pay or not to pay? Amid coronavirus, that is the question for business across Chicago
In this front-page article in the Chicago Tribune, Chicago Affordable Housing and Real Estate partner David Allswang provided comments that commercial landlords are bracing for a significant drop in rent payments in April amid the coronavirus crisis, citing anecdotal data from commercial property owners in London.April 1, 2020 - Real Estate Finance & Investment
Prospect of China tariffs rattle retail pros
In the following coverage from Real Estate Finance & Investment, Chicago affordable housing and real estate partner David Allswang offers his thought leadership on some of the key issues addressed at the International Council of Shopping Centers conference in Las Vegas.June 1, 2018 - Real Estate Finance & Investment
ICSC: Retail shrinkage is necessary for sector evolution
In the following coverage from Real Estate Finance & Investment, Chicago affordable housing and real estate partner David Allswang offers his thought leadership on some of the key issues addressed at the International Council of Shopping Centers conference in Las Vegas.June 1, 2018
Admitted to practice
Illinois
Education
Boston University, B.S., magna cum laude
Boston University School of Law, J.D.
Recognition
David was selected, through a peer-review survey, for inclusion in The Best Lawyers in America® 2023 in the field of Real Estate Law. David has been listed in Best Lawyers since 2012.
Languages
Hebrew
