Subleasing — More Than Meets The Eye

Law360, New York (April 27, 2012, 1:16 PM EDT) -- Life sciences companies with a surplus of laboratory or office space, or startups that are willing to sublease "just a little space," might be tempted to sign a generic sublease with a willing subtenant, or sublandlord, without considering the potential risks or missed opportunities. In the current market, space available for sublet is increasing as sublessors (prime tenants) look to shed excess space, while businesses (potential subtenants) are seeking shorter terms and lower rents in what they hope will be better space than what they could afford a year ago....

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