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2022 Lawyers in Real Estate Awards
Phoenix & Southwest
Tracy A. Gallegos
Frequently handles ownership disputes for commercial cannibis businesses
Represents transactions involving acquisition and disposition of multimillion-dollar commercial properties
Tracy A. Gallegos serves as a team lead for the Duane Morris Cannabis industry group and is a member of the firm’s governing Partners Board. Her multifaceted practice touches upon corporate, real estate, cannabis and sports and entertainment law for clients ranging from startup companies to established businesses. Clients include retail shopping centers, entertainment and media companies, online retailers and cannabis companies involved in retail, manufacturing and cultivation. Gallegos’s corporate practice focuses heavily on mergers and acquisitions, and also includes assistance with entity formation, governance and restructuring; corporate rollups, financing and other general corporate matters.
She frequently handles ownership disputes for commercial cannabis businesses. Moreover, she serves as regulatory and compliance counsel and advises clients regarding the licensing process and other regulatory issues on both the state and local levels in California and Nevada. Having been involved in the cannabis space since 2010, when only medicinal cannabis use was permitted in California, Ms. Gallegos’s knowledge of and experience with the cannabis space and its rapidly evolving regulations is expansive.
Gallegos also represents both commercial and residential developers, and commercial landlords. She handles transactions involving the acquisition and disposition of multimillion-dollar commercial properties and residential subdivisions and has served as lead counsel on transactions with purchase prices in the hundreds of millions of dollars. She also handles real estate financing transactions and has served as lead counsel on deals in excess of a half billion dollars.
Gallegos has been listed in Best Lawyers in America, Chambers USA: America’s Leading Lawyers for Business and Super Lawyers—Rising Stars. She’s also been listed in Global Top 200 Lawyers by Cannabis Law Report, MyVegas Magazine (Top 100 Women of Influence and Top 100 Lawyers in Las Vegas) and American Lawyer Magazine (Women Leaders in the Law). She served on the editorial advisory board for the Cannabis Law Journal and in various positions with the American Bar Association and Nevada State Bar.