In this article, you'll learn:
- How to negotiate great sublease rates during COVID-19
- The importance of finding spaces with existing build-outs and ample parking
- Key considerations for maintaining social distancing and safe entry
- Why having a flexible sublease and a tenant rep is crucial for success
As businesses try to assess both what they need and where they stand in the face of COVID-19, tenant activity has slowed down in many markets across the United States and the world. If your business is in a position to lease space, though, it's a great time. And if sublease space fits your strategy, it's even a better time since the original tenants should be more willing to negotiate as they look at a market with potentially increasing vacancy and little tenant activity. It's your time, and to help you take advantage of it, here's what you should be looking for.