About David
David Yung: Leading Commercial Real Estate Attorney in Minneapolis
David Yung is a seasoned commercial real estate attorney dedicated to providing strategic legal counsel to developers and institutional property owners. With over 25 years of experience, Mr. Yung specializes in acquisition, disposition, leasing, and complex real estate transactions, consistently delivering practical solutions that drive client success. His deep understanding of the market, combined with a relentless focus on achieving business objectives, makes him a trusted advisor for a diverse range of property types – from high-end retail and mixed-use developments to industrial properties and multi-family residential projects.
Prior to joining his current practice, Mr. Yung honed his expertise as associate general counsel and corporate secretary for CSM Corporation, a leading commercial real estate development company. This in-house experience, coupled with his earlier role as general counsel/vice president for a residential real estate development firm, provides him with a unique perspective – a ‘owner’s mindset’ – allowing him to anticipate challenges and offer proactive, solutions-oriented legal support. He prides himself on building strong, collaborative relationships with clients and colleagues alike, ensuring smooth deal execution while always prioritizing client interests.
Mr. Yung’s comprehensive expertise covers the entire lifecycle of a real estate project. He expertly navigates the intricacies of acquisition and development, securing financing, overseeing construction, and managing leasing activities. His deep understanding of commercial leasing is particularly noteworthy, having negotiated and closed numerous high-value lease agreements with many of today’s leading national retailers. He’s renowned for his ability to craft leases that are not only financially sound and adaptable to future changes but also meticulously tailored to each client’s specific needs and objectives.
Specifically, Mr. Yung's areas of concentration include:
- Retail Development & Leasing: He has a remarkable track record in transforming vacant retail spaces into thriving retail strip centers, and possesses extensive experience with vertical subdivisions and the strategic sale and leasing of mixed-use components. He's adept at negotiating complex ‘big box’ and ‘mid box’ retail leases with national retailers across diverse sectors, including grocery, clothing, and home goods.
- Office Properties: Mr. Yung’s experience extends to large downtown office properties, where he excels in lease dispute resolution, eviction proceedings, and the meticulous negotiation of easements and parking management agreements.
- Mixed-Use Developments: He’s a specialist in vertical subdivision, sale, and leasing of downtown mixed-use properties, tackling intricate subdivision and easement issues with confidence.
- Hotel Developments: He has successfully overseen the acquisition and development of approximately 35 hotel properties.
- Multi-Family Residential: He provides robust legal support for owner/property managers of numerous multi-family apartment and townhome units.
- Financing & Workout Support: He assists lenders and borrowers in connection with real estate-related financing, foreclosures, and workout solutions.
Furthermore, Mr. Yung is adept at handling a variety of transactions, including sale-leaseback agreements and the development and sale of numerous single-family and townhome residential developments, encompassing the negotiation of developer agreements and the establishment of homeowner associations. He's also a seasoned negotiator of ground leases and build-to-suit leases, frequently working with medical offices and private colleges.
Legal Credentials & Background:
- Extensive Real Estate Transaction Experience: Mr. Yung brings over 25 years of experience in drafting and negotiating a comprehensive range of real estate agreements, including leases, ground leases, development agreements, declarations, easements, listing agreements, and construction contracts.
- Recognition & Awards: David Yung is recognized as a Best Attorney USA attorney, maintaining this distinction since 2019.
- Bar Admissions: Bar Admissions: Minnesota
David Yung is committed to providing his clients with the personalized attention and strategic guidance they need to achieve their real estate goals. His deep market knowledge, coupled with his unwavering dedication to client success, makes him a highly sought-after legal partner.
