This can include a negotiated lease terminations,
sublease marketing or fee simple sale of corporate - owned office, industrial properties or vacant land.
Not exact matches
«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.»
There will likely be more
sublease office space coming on the
market soon as «at least one major tech firm» is looking to relocate its offices, noted Cushman.
With Truss, landlords can post listings and
subleases at no cost and
market vacant spaces directly to tens of thousands of tenants.
Furthermore, the offices that are being vacated for the consolidation are currently available for
sublease, and CBRE has been hired to
market the properties.
«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
• Completed
marketing packages, including materials for conventions, and maintain database of all contacts, maintain quarterly
market report updates from major brokerage firms, provide monthly leasing and
subleasing status reports, as well as compile land inventory available in the South Florida
market.
«
Sublease space is offered at a discount, and that is putting a little dent in rental rates,» said Jesse Gundersheim, a
market economist with CoStar.
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.
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.
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.
He was also consistently a top 10 office leasing broker for the Toronto suburban
market, having negotiated sale, lease and
sublease transactions of office properties totalling in the millions of square feet.
Johnsen noted that they continue to
market a second long - term
sublease on behalf of Rabobank in the same property, where 32,000 sf.
CoStar also measured a rise in
sublease space in the
market.
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.
Oil companies trying to stem losses have shrunk personnel and put
sublease space on the
market, but demand for the space just isn't there, with available
subleases coming to
market five times faster than new leases are being signed, according to a recent JLL report on Houston.
An overhang of
sublease and shadow space will have the
market struggling to absorb the overcapacity this year.
Most of the available space in this
market involves
subleases with terms left on them.
These healthy
markets contrast with northern and central New Jersey, where availability rates — including
sublease space — jumped from less than 10 % at year - end 2000 to 18 % at year - end 2001.
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.
Commercial Realtors should consider targeting their efforts toward
subleasing, particularly office and warehouse space, as the opportunities in these
markets are expected to be more prevalent in the coming months.
The major threat to the sector at the close of 2001 was
sublease space, which was hurting absorption and putting downward pressure on rental rates in some
markets.