A sublease is the renting of property by a tenant to a third party for a portion of the tenant’s existing lease contract. Skip to content. Investing Stocks Cryptocurrency Bonds ...

Charlotte, North Carolina, for example, went from a 3% sublease availability rate in Q2 to 3.6% in Q3, according to Savills PLC. That's compared to 1% of the market up for sublease in Q2 2020.

More than 3.5% of all the rentable office space in the Denver-Boulder-Aurora metro area was available for sublease at the end of September, according to the latest market report.

PricewaterhouseCoopers will be Meta Platforms’ second subtenant at its office, Sixth and Guadalupe, which was developed by ...

Sublease Simply put, in a sublease you locate a surrogate — a group to replace you. But, don’t forget, there may not be another “you” readily available.

Savills, in fact, recorded a 3.3 million-square-foot increase in sublease space from the fourth quarter of 2018 through the end of the third quarter this year. The rise in sublease space might present ...

Telecom firm Ericsson's former offices in Plano's Legacy business park are part of the sublease total.(Cushman & Wakefield) The Dallas-Fort Worth area has one of the hottest office markets in the ...

Lyft Inc. said Tuesday that it will sublease a significant part of some of its biggest U.S. offices, becoming the latest company to shrink its real estate footprint to adjust to more employees ...

On the other hand, in some cases, the landlord may not want the subtenant to attorn, but would rather have the sublease terminate if the prime lease terminates (e.g., if the prime lease is for a ...

Available sublease space makes up about 5% of the space on the market locally, according to Newmark. In 2019, for contrast, the amount of sublease space made up 1% of space on the market.