Make Sublet Deal Work for You

Make Sublet Deal Work for You

Subletting your space can be a good option under a variety of circumstances: A better location for your business has popped up before your current lease will come to an end; your sales are suffering and you need to downsize; or your business model is shifting from a retail storefront to primarily online sales. Your lease provisions regarding subletting will determine if and how you can sublet. And you’ll want to be sure that the arrangement with the replacement business for your space doesn’t conflict with your rights and responsibilities to the shopping center’s owner.

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