REoptimizer^® Blog

The recent pandemic has caused an increase in the number of tenants who seek to sublease their office space. Not only do commercial real estate tenants trying to cut down on rents on office spaces that they are not using due to the fact that employees now work from home, but many businesses have also been non-operational. Hence, subleasing seems to be a good choice. However, many commercial tenants make mistakes when subleasing their office space. This article will guide you on what to do to avoid these common mistakes.

If you find yourself in a situation where you have too much space than you need for your business, subleasing is an excellent option to consider. Subleasing is the renting of property by a tenant to another person (known as the sublessee) for a portion of the tenant's existing lease contract.

If you find yourself no longer in need of your entire office or with ample unused space, subleasing can save you money; however, before you begin the subleasing process, there are some things that you need to know. Read on to discover some important aspects of subleasing that can help you ensure the best possible outcome.