What is the Difference Between an Assignment and a Sublease?
Commercial real estate clients frequently ask how an assignment of a lease differs from a sublease. The difference is primarily a legal one, although each achieves a similar practical result. Assignment. An assignment of a real estate lease is a complete transfer of...
Should You Sign a Short or Long Term Lease in Today’s Market?
Tenants frequently ask whether it is better to sign a short or long term commercial real estate lease. The answer is, it depends! Most commercial real estate tenants sign long term leases in hot markets when optimism is high, business is booming, and the outlook is...
Commercial Leasing: The Second Step in Leasing Commercial Property
Assemble a Team, a Timeline, and a Budget! The time required for a successful move depends on the size of the commercial space required and the complexity of the new space required. For an office user with 10,000 or more square feet, it is best to begin the process...