Sublease or Sell

Subleasing or selling space your business no longer needs.

Businesses change faster than leases and buildings do. When your space no longer fits, we help you sublease what you don’t need, or sell or lease a building you’ve outgrown. We represent you, the business owner, in that deal.

By Tom H. Vaught, SIOR ·

01

Can I sublease my space?

Usually, but check your lease first. Most leases require the landlord’s consent, and you typically stay responsible for the lease if your subtenant stops paying. We review what your lease allows, price the space, market it, and negotiate the sublease.

02

Should I sublease, or negotiate my way out of the lease?

It depends on your lease, your landlord, and the market for your space. Sometimes a sublease recovers the most money. Sometimes a negotiated exit is cleaner. We lay out both before you decide.

03

What if I own a building that no longer fits?

You can sell it, lease it to another company, or sell it and lease back the part you still need. The right answer depends on what the business needs next, so we start there, not with a listing.

04

Isn’t this landlord work?

In a sense, yes, and we say so plainly. When a business has space it doesn’t need, the business becomes the landlord or the seller. We still work for the business owner. We tell every party who we represent.

Have space that no longer fits?

Start with a straightforward conversation about what you have and what you need next.