In this article, you'll learn:
- How subleasing can help you save money on office space.
- Why subleasing may be your only option in fully leased buildings.
- The benefits and potential challenges of taking over an existing lease.
- How subleasing can offer short-term flexibility with opportunities for lease extensions.
Believe it or not, the leasing market is actually two markets in one. Most of the space that you see on the market is traditional "direct" space where you (or, hopefully, your tenant representative) work with the landlord to create a relationship that leads to your company leasing space in his or her building. At the same time, there is also a sublease market where you can rent spaces that some other tenant has already leased. Being a subtenant can be a great option for your company, so your company may choose to including subleases in your next search.
