sublease

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Related to subleased: lessee

sublease

n. the lease of all or a portion of premises by a tenant who has leased the premises from the owner. A sublease may be prohibited by the original lease, or require written permission from the owner. In any event, the original tenant (lessee) is still responsible for paying the rent to the owner (landlord/lessor) through the term of the original lease and sublease. (See: lease, rent)

sublease

verb allow the use of, demise, grant a deeise, grant a lease, hire, let out, make available for rent, rent, rent out, sublet, subrent, underlet

sublease

a lease of property made by a person who is himself a lessee or tenant of that property, or the act of granting or taking such a lease.

SUBLEASE. A lease by a tenant to another tenant of a part of the premises held by him; an underlease.

References in periodicals archive ?
CBS Broadcasting subleased 23,783 square feet, taking the entire 17th floor of the building through 2010.
The space is being subleased by law firm, Legg Mason, who left the building for a 200,000 s/f lease on floors 45 through 50 in The New York Times Building in August.
These rents will not fully recover costs associated with the subleased space and, as a result, a charge to operations totaling $4.
The space was subleased from Visiting Nurse Regional Health Care System, an over 100-year-old healthcare provider that will be consolidating a number of city locations into 70,000 s/f it has just leased at 15 Metrotech Center, space that comprises the building's entire 10th and 11th floors.
Kramont Realty Trust, (NYSE:KRT), a neighborhood and community shopping center real estate investment trust, today announced that the 86,944 square foot former Wal-Mart discount store at Statler Crossing in Staunton, Virginia, has been subleased to Fisher Auto Parts, Inc.
Financial advisory and investment firm, Evercore Partners, subleased 125,000 s/f on floors 35 through 38.