Category Archives: sublease

The True Cost of Subleasing

Posted on February 24, 2011 by Mike Norris

Subleasing space from another tenant (instead of directly from a landlord) can be a cost-saving way to satisfy your facility needs, but if you skirt the tenant representation process, the costs of subleasing could outweigh the benefits. Here are just … Continue reading →

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Have a Good Relationship With Your Landlord?

Posted on August 25, 2010 by Mike Norris

Of course you do. Your landlord buys lunch for you and your office now and then. He gives you Redskins tickets (which should be arriving in the mail any day now). He tells you what a smart negotiator you are, … Continue reading →

Posted in free rent, landlord, lease liability takeover, lease renewal, operating expenses, renegotiation, snda, sublease, tenant improvements | Leave a comment

A process, not a commodity

Posted on September 18, 2009 by Mike Norris

Commercial real estate is a process–one that business owners need to understand in order to avoid undue risks and excessive costs. On September 15th, I presented to the Mason Enterprise Center at George Mason University’s Prince William campus on how … Continue reading →

Posted in lease liability takeover, lease renewal, moving costs, process, renegotiation, sublease, tenant representation, timeline | Leave a comment

Stuck in Your Existing Lease?

Posted on May 30, 2009 by Mike Norris

Your facility doesn’t fit well anymore. You had to cut back and now have additional space. Perhaps the actual layout isn’t working, or maybe the location isn’t ideal. Subleasing is a long shot; the market is too weak. Your landlord … Continue reading →

Posted in default, free rent, lease liability takeover, lease renewal, renegotiation, rental abatement, sublease | Leave a comment

The Path of Least Resistance ≠ Risk Mitigation

Posted on May 16, 2009 by Mike Norris

You’re bogged down with managing customers, employees and funding. Then you realize it; your facility needs are changing and you need to deal with it. Maybe you’re growing out of an incubator or a shared space or other existing facility. … Continue reading →

Posted in attorney review, lease negotiation, lease renewal, operating expenses, sublease, tenant improvements | Leave a comment

Just Want to Renew? It’s Not That Easy.

Posted on April 5, 2009 by Mike Norris

Your landlord just left you a message—your lease is up soon.It’s the last thing on your mind. You don’t know what your business is going to look like over the next couple of years and the last thing you want … Continue reading →

Posted in audit rights, base year, default, landlord, lease negotiation, lease renewal, snda, space measurement, sublease, tenant improvements | Leave a comment

Are You Being Overcharged?

Posted on March 1, 2009 by Mike Norris

Have you taken a close look at your rent invoice lately? Chances are, if you’re a year or more into your lease (or sublease), you’re being charged “passthroughs” or “additional rent” in addition to a “base rent,” which by itself … Continue reading →

Posted in audit rights, base year, capital improvements, landlord, operating expenses, passthroughs, sublease | Leave a comment

Are You Protected From Your Landlord’s Default?

Posted on January 5, 2009 by Mike Norris

How do you know if your landlord is in trouble and what can you do about it? In 2006, I wrote an article for the Northern Virginia Technology Council’s Business to Government Committee entitled “Interpreting Market Trends.” Below was my … Continue reading →

Posted in default, foreclosure, landlord, snda, sublease, tenant improvements | Leave a comment