D. Randall Stokes

Related Practices

Education

  • J.D., University of California, Berkeley, School of Law, 1979
  • A.B., with Honors, Stanford University, 1976

Bar Admissions

  • Arizona, 1979

D. Randall Stokes

Partner
40 North Central Avenue
Suite 1900
Phoenix, Arizona 85004
Phone 602.262.5316
Fax 602.734.3749

About D. Randall Stokes

Mr. Stokes is a partner in the firm's Real Estate Group. He concentrates his practice in the area of real estate, representing commercial and residential developers, health care institutions, lenders, borrowers and other businesses in all aspects of their real estate-related activities. Mr. Stokes has been certified by the State Bar of Arizona Board of Legal Specialization as a specialist in real estate law.

Mr. Stokes regularly represents a major hospital and health system corporation, negotiating on its behalf the acquisition, development and disposition of improved and unimproved properties, negotiating leases of space in its medical office buildings, negotiating long-term ground leases, and in the development of its hospital campuses. In addition, he regularly represents a major international airline in the negotiation and documentation of airport use agreements, office, cargo, terminal and other space lease agreements, and in real estate related matters.

Mr. Stokes' practice has featured a particular emphasis in the areas of planned residential, commercial and mixed-use communities, condominiums and shopping centers and in representing homebuilders. As an example, he recently represented the developer of an upscale residential, retail and office community in northeast Phoenix. He has regularly represented large homebuilders in their acquisition and development activities. Mr. Stokes has also represented a developer in the planning and development of a major mixed-use master-planned community centered around two championship-class golf courses, and of an exclusive custom home golf community.

Mr. Stokes' practice has included a substantial amount of commercial leasing work, representing both landlords and tenants in connection with commercial office, retail and industrial leasing. In addition, he has represented clients in loan workouts and modifications and regularly advises claims on Arizona's antideficiency laws and short sales.

Mr. Stokes has worked extensively with the Arizona Department of Real Estate on subdivision and public report issues, and has substantial experience representing developers and lenders in their dealings with agencies such as FNMA, VA, and FHA. He has also represented the Home Builders Association of Central Arizona in a wide range of matters.

Mr. Stokes is chairman of the firm's Technology Strategy Committee. While in law school, he was an Associate Editor for the Ecology Law Quarterly.

Memberships and Affiliations

  • Real Property Section of the State Bar of Arizona, Member and Past Chairman
  • Maricopa County Bar Association, Member
  • Home Builders Association of Central Arizona, Member and Former Director
  • Urban Land Institute, Member
  • Lecturer to professional law and real estate groups on topics related to commercial leasing, drafting covenants, conditions and restrictions, and condominiums
  • Arizona Chapter of the ALS Association, Former Board Member

Publications

  • Author, "Assignment and Subleasing Provisions in Arizona Commercial Leases," Real Property Journal
  • Author, "Dealing with Hidden Costs in Rent and Operating Expenses in Commercial Leases," Real Property Journal

Other Distinctions

Mr. Stokes has an "AV/Preeminent Attorney" rating with Martindale-Hubbell. He has been selected to the 2011 edition of Arizona's Finest Lawyers and is listed in the 2006-2013 editions of The Best Lawyers in America, by Woodward/White, Aiken, S.C. in the category of Real Estate Law. He is also listed in the 2003-2012 editions of Chambers USA America’s Leading Business Lawyers, by Chambers & Partners Legal Publishers, in the category of Real Estate.

Mr. Stokes is listed in the 2009 edition of Super Lawyers Corporate Counsel in the category of Real Estate and in the 2007-2013 editions of Southwest Super Lawyers in the category of Real Estate, and in the 2012 edition of Super Lawyers Business Edition. He is also included in the April 2010 edition of AZ Business' Top Lawyers, in the category of Construction & Real Estate Law.

Mr. Stokes also writes fiction, and in 2008 won the Arizona Attorney Creative Arts Competition's fiction category for his short story, "In Mexico," published in the May 2008 issue of the magazine.