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Michael O. Gualco

Michael O. Gualco

Partner

621 Capitol Mall
18th Floor
Sacramento, CA 95814

Areas of Law:

Real Estate, Land Use

email:
mgualco@downeybrand.com
phone:
(916) 444-1000
fax:
(916) 444-2100
Admitted to Practice in:

California

Michael O. Gualco is a Martindale Hubble AV-rated attorney who has limited his practice to real estate matters for more than 27 years. For over seventeen years, he has represented Verizon Wireless, the largest United States wireless telephone company, on real estate matters in its Northern California and Northern Nevada service areas. That representation has related to major expansion activities, including negotiation and preparation of leases for administrative offices, call centers, retail stores, warehouses and more than 2,500 cell sites. Michael has authored cell site lease forms used in wireless telephone markets nationwide.

In addition to representing Verizon Wireless, Michael has been involved in major real estate activities in Placer and Sacramento counties. He has prepared and negotiated office leases for major developers, including a 200,000+ square foot office building complex. He has represented a major home builder in transactional real estate matters in the West Roseville Specific Plan Area, and prepared and negotiated purchase and sale agreements and escrow closing documents for owner-occupied office and warehouse buildings, unimproved real property and mixed use developments. Michael has also prepared construction contracts for contractor clients for major office/warehouse facilities.

Earlier in his career Michael structured and negotiated joint venture agreements, options, purchase and sale agreements, loan documents, loan modifications, workouts and letters of credit for Sacramento Savings Bank. He participated in the review and analysis of business aspects of transactions, including property valuation, methods of appraisal, and evaluation of real property. Michael contributed to the success of the largest land developments in the Sacramento region including Olympus Pointe (2,000+ acres), Natomas Station, Watt/I-80, and North Natomas--investments that totaled approximately $100 million (1989 valuation).

Michael has participated in organizations related to real estate nationally, state wide and in both Sacramento and Placer County.

Experience

Represents the largest United States wireless telephone company in real estate matters in its Northern California and Northern Nevada service areas related to major expansion activities, including negotiation and preparation of leases for administrative offices, call centers, 50 retail stores, warehouses and more than 1000 cell sites. Reviewed, prepared and negotiated leases for 190,000 square foot regional headquarters in Folsom, California, and 225,000 square foot call center in Rancho Cordova, California. Prepared cell site lease forms used in wireless telephone markets nationwide.

Prepares office leases for major developer for 200,000 square foot office building complex in Roseville, California.

Represents major home builder in transactional real estate matters in West Roseville Specific Plan Area, California.

Reviews, negotiates, and prepares purchase and sale agreements and escrow closing documents for owner occupied office and warehouse buildings, unimproved real property and mixed use developments.

Reviews, negotiates, and prepares construction contracts for contractor clients for major sales/warehouse facilities.

Advises and represents national client regarding lease amendments, subleases, subordinations and estoppel certificates for 128,000 square foot office lease in San Ramon, California, and 113,000 square foot office lease in Walnut Creek, California.

Managed real estate legal matters for ten individual property owners in major downtown redevelopment area in Sacramento, California. Successfully devised strategy which resulted in Sacramento City Council's decision to implement major change in land use plan benefiting clients.

Structured and negotiated joint venture agreements, options, purchase and sale agreements, loan documents, loan modifications, workouts and letters of credit for Sacramento Savings Bank. Participated in review and analysis of business aspects of transactions, including property valuation, methods of appraisal, and evaluation of real property. Contributed to success of largest land developments in Sacramento region including Olympus Pointe (2,000 acres), Natomas Station, Watt/I-80, and North Natomas; investments totaled approximately $100 million.

Negotiated land exchange between City of Folsom and Union Pacific Railroad critical to completion of client's large mixed-use commercial development project.

Provided legal counsel to Sacramento 's largest land developer in selling 140 acres to Sutter Hospital.

Performed all legal services for Palisades Development and its clients; including preparation, review, and negotiation of purchase and sale agreements as well as loan documents. Served as Project Manager for residential subdivision comprising 1,000 acres. Interacted with governmental staff in planning and engineering functions to obtain land use entitlements and development permits.

MEMBERSHIPS

Association of Commercial Real Estate Brokers (ACRE), Member

National Association of Industrial and Office Properties (NAIOP), Member

Roseville Chamber of Commerce, Economic Development Committee, Voting Member and Former Chair

City of Roseville Economic Development Strategy Steering Committee, Member

City of Roseville Stormwater Citizens Advisory Council, Former Member

Roseville Chamber of Commerce, Governmental Relations Committee, Voting Member; Board of Trustees, RAB PAC, Trustee

Sacramento Metropolitan Chamber of Commerce, Arden-Arcade Business Council, Member

North State Building Industry Association (Placer County), Member

Sacramento State Alumni Association, 2005 Annual Green & Gold Gala Host Committee, Member

Placer County Chapter of the Sacramento State Alumni Association, Organizing Committee, Chairperson

State Bar of California, Business & Real Property Sections, Member

Sacramento County Bar Association, Real Property Section, Member

The Sutter Club, Member

EDUCATION

University of the Pacific, McGeorge School of Law (J.D., 1982)
California State University, Sacramento (B.A., 1973)

PRESENTATIONS

Association of Commercial Real Estate (ACRE), “Purchase & Sale Agreements,” Sacramento, 2005, Presenter

Downey Brand LLP, "How to Get the Upper Hand in Lease Transactions," Sacramento, 2005, Presenter

Downey Brand LLP, “Toxic Mold: A Growing Problem for Property Owners,” Sacramento, Roseville and Stockton, 2002, Presenter

Downey Brand LLP, “Boot Camp for Commercial Tenants,” Roseville, Folsom and Stockton, 2000, Presenter  

CHARITABLE

California State University, Sacramento, Alumni Association, Former Member Board of Directors

Community Services Planning Council Business Round Table, Former Member