However, if you find that you are a sub-tenant
of an unregistered sub-lease, your direct landlord (the original tenant) may possibly be in breach of his/her own original lease, and also in default of payment of municipal fees.
Like other incubators, Quantum Crossroads(TM) will offer space to sub-tenant
companies via leases and site licenses, while also offering conference, meeting and training facilities to both subtenants and non-subtenants.
According to Taubin, he urged his client to begin evaluating the firm's options early-on not only because of the tightening market, but also because Mason, as a sub-tenant
, did not have rights within the sublease to stay-put if desired.
Grumbacher and to assist them in finding a sub-tenant
," McCuen said.
Kevin Murphy of Cushman & Wakefield represented the sub-tenant
in this transaction.
Arch Chemicals, a spin-off of The Olin Corporation, has been a sub-tenant
at Merritt 7 for more than 10 years.
David Lebenstein and Michael Rudder of Time Equities represented the sub-tenant
in the transaction, while Jeff Zund of Kenneth Zund Realty Associates represented the sub-landlord.