Looking for the deal that is found in a Dallas office sublease is not as easy as it used to be. Recently I finished a search for a client and I tried to locate a sublease that would give my client a lower rental rate. There were many options however most of them were above twenty-five dollars per square foot.
I noticed that many of these more expensive options were also on the market for a long period of time. I think this is because most sublessees are looking for two things. The first is below market rental rates. The second requirement is generally a short lease term.
Dallas Office Sublease Space
The subleases that I found generally were for two and a half years or longer. This longer-term appeals to some tenants if they can get a lower rental rate. The trouble is finding an advertised lower rate. If a sublessee is looking for the super bargains they need to be patient and plan ahead.
There are still Dallas office sublease opportunities. Like every other purchase, a subtenant shouldn’t ever pay sticker price. Don’t let your company fall into a category that you have only one option. Give yourself plenty of time to find and negotiate the best Dallas office sublease for your company.
Succesful Dallas sublease negotiations begin two to three months before space is needed. Each location must receive equal consideration. The subtenant must also consider external factors in the negotiation. For example is the sublease inclusive of furniture, data communications, and phone systems. Another important consideration is the financial stability of the sublessor.
Termination of the sublease can occur if the sublessor defaults. The only way to avoid this possibility is with the landlord’s consent document. The sublessee should negotiate with the landlord the terms of lessor default notification and the consequences of a default to their business.
There are still Dallas sublease opportunities for subtenants. Prepare yourself for many quality office space options. A Dallas tenant representative will be able to help you find, negotiate and move into a quality Dallas office sublease space.