In this article, you'll learn:
- Key lease clauses to scrutinize when signing a new office lease.
- Importance of a strong sublease clause to protect against unused space.
- The impact of usage clauses on your ability to sublease effectively.
- How self-help and right of offset clauses safeguard tenants in volatile markets.
The importance of a good lease is more critical for tenants now than ever before. Because we are not dealing with any old leasing environment. We’re navigating in a post-Office Apocalypse commercial real estate industry where knowledgeable tenants can drive once-in-an-era advantageous deals if they do it right, and on the other hand landlords are defaulting left and right. That means prospective tenants are in a precarious position, dangling between great deals and the potential that they may eventually be too good to be true.
