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sublease
(redirected from subleasing)

    Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.

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 by a tenant to another tenant of a part of the premises held by him; an underlease.
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Subleasing is simply an agreement the leasing of a property to a third party tenant.
The Pros and Cons of Subleasing Miami Commercial Real Estate ... by Mark Michael Ferrer / Real estate industry community
Music licensing company Broadcast Music is reportedly subleasing 58,000 square feet of ABN's 140,000-square-foot space, which the bank rented but never moved in to.
Music firm takes some of ABN Amro's 7 WTC space by The Real Deal
During the boom days in the Manhattan leasing market a year and half ago when tenants lined up for space and rents appeared to be climbing ceaselessly higher, it would have been hard for a subtenant to convince a landlord and perhaps even the tenant it was subleasing from to fast track its deal.
Complexities highlight 555 Madison Ave. deal by Geiger, Daniel / Real Estate Weekly
 
 
 
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