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sublease

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sublease

The relationship created when a tenant rents some or all of its premises to another for some or all of the remaining term of the original tenant's lease. Technically, if the tenant transfers all of its interest, that is an assignment. If the tenant retains some of the space, or some of the time under the lease, that is a sublease. At all times, the tenant remains liable under its lease with the building owner.
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If your sublessor decides to relocate before their lease is over, you can have the chance to sublease the entire space.
The Pros and Cons of Subleasing Miami Commercial Real Estate ... by Mark Michael Ferrer / Real estate industry community
The space that ABN Amro put up for sublease at 7 World Trade Center might be taken soon, sources told the Post.
Music firm takes some of ABN Amro's 7 WTC space by The Real Deal
Manhattan's overall sublease space has increased rapidly, to 11.
11.9m s/f and growing: sublease stats starting upward trend by Real Estate Weekly
 
 
 
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