Sentences with phrase «of sublease»

The biggest indicator: There's suddenly 1.7 million square feet of sublease space available in San Francisco, up more than 50 percent from 1.1 million square feet in November, according to CBRE Group, a commercial real estate services and investment firm.

Experts say the 24 - hour dynamics of the «consensus six» cities are a recurring theme for success because they prompt a quick recovery from the 2001 deluge of sublease space.

86 DOS 93 Matter of DOS v. Winograd - undisclosed dual agent for tenant and subtenant; failure to provide copy of sublease violates 19 NYCRR § 175.1; no suspension of broker who has no knowledge at time of event or retention of proceeds, but liability for misconduct; refund unearned commission

The large amount of sublease space placed on the market during the energy downturn decreased during 2017; however, sublease space crept back up over the 9.0 M SF mark during Q1 2018.

SageGroup Associates v. Dominion Textile (USA)(244 A.D. 2d 281)-- the «able» prong of the ready, willing and able test refers to the prospective subtenant's financial ability; although broker established he procured a prospective subtenant ready, willing and able to sublet on terms set by the prospective sublessor, the parties» disagreement as to the terms of their oral agreement raised triable issues of fact precluding summary judgment in favor of either party; no cause of action exists in quantum meruit, unjust enrichment and account stated where there is an express contract governing the broker's right to a commission; broker lacks standing to claim tortious interference with contract against landlord for refusal to grant tenant permission to sublease because broker is neither a party to nor an intended beneficiary of the sublease rejected by the landlord.

An overhang of sublease and shadow space will have the market struggling to absorb the overcapacity this year.

Oil and gas firms having to downsize or merge are now offering 22.6 million sq. ft. of sublease space in the top seven North American markets, almost double the 10 - year average, according to a recent JLL report.

Nationally, the volume of sublease space has improved markedly since the peak of the recession.

In particular, Houston's «Energy Corridor» on the west side of the metro has been dealing with a significant amount of sublease space and rising concessions.

The supply of sublease space is fueled by tech companies, such as Salesforce, that are moving into new headquarters and putting their old offices on the market, as well as by companies such as Twitter Inc. whose real estate needs have fallen short of their planning, according to Gundersheim.

The outlook for 2016 is expected to be extremely slow in Houston, with rising vacancies, flat or even declining rents and a heavy load of space still left to absorb due to a high volume of sublease space coming back to the market and a wave of new construction completions.

Nationally, the volume of sublease space has improved markedly since the pea...

As the office market continues to eke out its recovery, the sector is still trying to dig out from under a sizable load of sublease space.

(14) A lease granted under this section must not contain any provision requiring the consent of any person to the grant of a sublease of the lease.

[131] For example, the traditional owners may wish to put a rule in the township lease which says that the EDTL must get the consent of the traditional owners or community members before granting a sublease, or before granting a certain type of sublease such as a commercial sublease.

On 22 May 2009, Tangentyere announced that negotiations in relation to the terms of the sublease were close to resolution, but that it still sought agreement that:

It probably depends on the terms of the sublease, though state law may have something to say on the matter as well, especially if the sublease is silent on the matter or there is no written sublease.

When I explained that this goes against the terms of the sublease, he claimed that «it's an issue of equitability that judges freely allow.»

Terms of my sublease: 3 months followed by month - to - month which may be terminated by either party after giving 30 days written notice.

Subletting a rental unit can be a more involved process when compared to assigning a lease since it requires the completion of a sublease agreement between the original tenant (the «sublessor») and the secondary tenant (the «sublessee»).

You are bound by the statute, and you must return the security deposit (and / or itemized deductions) within 30 days of the end of the sublease.

Your landlord, as well as any roommates, will also have to approve of the terms of the sublease agreement.

What is the length of the sublease?

UH also pointed out the ruling focused on the consent of the sublease and not the sublease itself.

While the share of sublease space points to a slowing tech industry locally, it's not all bad news.

In the darkness of my subleased bedroom I had choked back tears, confused why I had felt such a palpable tug towards the West.

In San Francisco the amount of subleasing up - ticked in 2016, as tenants sought to take those box spaces at shorter lease terms — it's plug and play,» she notes.

Be ready, willing and able to explain the benefits and shortfalls of subleasing.

The growing amount of subleased inventory is undoubtedly welcome news for nascent tech companies, too.

Not exact matches

For the past year, they've been subleasing a 1,000 - square - foot space from the owners of the Thai restaurant in town, and now they have their sights on the theater.

After graduating from the Atlanta Tech Village, we were lucky to sublease square feet of office space for our rapidly growing team that's now at 110 employees!

«I can confirm that pending the outcome of the head - tax vote by City Council, Amazon has paused all construction planning on our Block 18 project in downtown Seattle and is evaluating options to sublease all space in our recently leased Rainier Square building,» Amazon VP Drew Herdener told the Seattle Times.

The 14 - person company is unprofitable (its single largest source of revenue last year was the subleasing of half a dozen desks to three small start - ups at $ 200 a desk a month), and there are no immediate plans for it to be anything otherwise.

«Thus, any tech sublease space that hits the market — a sign that firms have possible sopped growing and have started shrinking — makes a lot of people very nervous.»

Sublease spaces have asking rents about 17 % below that of direct space and is often move - in ready with furniture, making it more affordable for smaller or new firms.

Unlike the majority of coworking spaces, Spacious is not subleasing a space from the landlord.

Effective June 7, 2017, upon the close of the Transaction, the Company terminated the sublease agreement between Croe, Inc. and Acadia Properties for the sublease of office space in Draper, Utah.

Last month, the company signed a 43,000 - square - foot sublease on the sixth floor of 40 West 23rd Street from AppNexus.

With Truss, landlords can post listings and subleases at no cost and market vacant spaces directly to tens of thousands of tenants.

As part of the expansion, Terminus will sublease nearly 24,000 square feet at the Terminus 100 office tower in Buckhead.

Stock now over $ 20 / share... — Twitter Inc. is offering about a quarter of the space at its San Francisco headquarters complex for sublease, adding to a growing amount of excess offices available in the city as the technology industry cools.

The private wealth advisory division of Lebenthal Holdings signed a six - year sublease for the 31st and 32nd floors.

The county then subleased it to the village for a token fee of $ 1 per year.

The sublease, which the board had arranged through Columbia University, according to CB12, doesn't include the cost of evening security even though the board was clear about its need for night access prior to moving into the space in 2013.

• SL Green wanted the right to sublease any portion of the Aqueduct video lottery casino to any affiliate without the State's consent, on terms defined by SL Green.

Furthermore, the City Council is way too broad in their proposed protection — without addressing income - based, merit based appropriate protection and the issue of lucrative subleasing and collection of key money by tenants (I have the pdfs of the ads).

«The state university usually takes up a portion of this space and we'll probably be working with the university on a sublease arrangement,» Fuller Road Management President Robert Megna said during Monday's meeting.

The Islanders» sublease with SMG, agreed upon during the final days of Democrat Thomas Suozzi's tenure as Nassau County executive in December 2009, also stipulates that the hockey team owes SMG a $ 7 million lump sum at the end of the lease as part of a deferred rent payment plan.

«I strongly urge Walgreens to offer City Fresh Market a sublease so that it will continue serving the residents of East Harlem and offering them a place to shop.»

[Box 28] 1101 Vermont Ave., lease information, 1981 Real estate, 1101 Vermont Ave., subleasing, Julien Studley, 1984 - 1985 Real estate, 1101 Vermont Ave., subleasing, 1985 - 1986 Real estate, Spaulding reports on Washington office space market, 1982, 1988 Space Planning Committee, input for new building, 1980 - 1982 Real estate 1776 Mass Ave., lease information, 1980 - 1985 GWU lease to 14th and H Associates, 1980 1333 H Street Developer's brochure, 1982 Coldwell Banker, 1984 JTR notes on parking, etc., 1984 dispute over building size, 1984 lease between AAAS and NY Life, 1984 - 1985 final draft of lease, 1984 first lease amendment, 1985 second lease amendment, 1987 financial impact of move, 1985 misc., 1985 space concerns, 1984 Design Business Interiors (DBI) Move Committee meeting minutes, 1984 - 1985 ORS Associates, relocation plan, 1984 relocation, budget, 1984 relocation, employee info on moving records, 1985 relocation, misc., 1985 1515 Mass Ave. appraisal reports, 1977 & 1981 Dupont Circle historic district, 1983 potential sale, misc., 1984 interested buyers, 1981 - 1983 potential sale, broker proposals, 1984 sale to Tunisian Embassy, 1984