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Office Space

7 Signs You Should Sublease Your Office Space

By Jonathan Keyser
April 07, 2015

Happy smiling successful African American businessman  in a suit in a modern bright office indoors speel on phone

Companies that need flexible lease terms often turn to a subleasing agreement. This simply means your company will lease a part of the office space from the lessor.

It provides many benefits for both companies and can add a lot of value to your business. If any of these seven signs resonate with you, it’s time to start looking into how you could sublease office space.

You Need to Save Money

If you’d enjoy a space that gives you all the amenities without all the expenses, a sublease office space could work well for you. You’ll likely find a place that’s 10% to 50% cheaper than the fair market value on similar spaces. And you would avoid other added expenses that come with carrying a full lease responsibility.

Your Small Company Prefers Flexible Space

Smaller companies often prefer smaller, flexible spaces. It provides an open-office, collaborative environment that works well in creative endeavors. You won’t have an excessive amount of room, but that works perfectly for many small companies.

You’d Benefit from a Turnkey Solution

Don’t want to spend months obsessing over paint colors, picking out furniture and scheduling deliveries? Then you’d love a sublease office space. It often includes certain build-outs and upgrades, and will offer furniture use for free or at a steeply discounted price.

You Would Like Access to Nice Common Areas

Places like reception areas, break rooms, storage closets and conferences rooms can come with a hefty price in traditional leases. But when you sublease office space, it will include these amenities as shared spaces with other tenants.

You Don’t Mind Sharing Equipment

Save more money by sharing basic office equipment like copy and fax machines. Some modern businesses pride themselves in working paperless, but may need to use that equipment from time to time. Instead of an expensive investment, subleased spaces often let you share this equipment with others.

You Like the Idea of First Come, First Serve

If the lessor vacates the premises, you’ll likely receive first option to occupancy. Although you may not want the entire space to yourself, having the option appeals to many businesses. Perhaps you could take over the lease and find another business to sublease from you.

You Could Benefit from Cross-Company Collaboration

Find someone in a complementary business to yours for a sublease engagement. If you work the collaboration wisely, you can gain new business from client referrals, collaborate on projects or simply enjoy the companionship of discussing the industry.

Do you think your business could benefit from a subleased office space?

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Jonathan Keyser

Jonathan Keyser is the Founder and Managing Partner of Keyser Commercial Real Estate(http://www.keyser.com/), which has become the largest commercial real estate firm of its kind in Arizona. Jonathan is also a Founding Partner of Exis Global, which today has over 580 people worldwide representing exclusively occupiers of commercial real estate. He is also the founder of a small investment fund that invests in emerging technology companies within Arizona, to support and help grow the startup ecosystem in the state. Jonathan was recently named "The Commercial Real Estate Disruptor" by USA Today and he is a #1 Wall Street Journal Best Selling Author, for his Best Selling Book, “You Don’t Have to be Ruthless to Win”. He has also been named a "Top Social Capital CEO" by the International Business Times, is a highly sought after keynote speaker, is widely recognized as a thought leader featured in hundreds of articles, publications, and podcasts, and has been named a "Top 20 Virtual Keynote Speaker" nationally. As an entrepreneur, Jonathan has built KEYSER into an eight-figure firm named recently as one of the Top 50 Most Trustworthy Companies in America by The Silicon Review. Jonathan is also one of the most connected business leaders in Arizona. He is an active member of Greater Phoenix Leadership (consisting of the region’s leading CEO’s), and he is also a member of Young Presidents Organization (YPO), Chief Executive Organization (ceo), and the Million Dollar Speaking Group (MDSG) within the National Speakers Association. With almost 30 years of experience in the Commercial Real Estate Industry, Jonathan’s firm represents occupiers of space exclusively, both domestically and internationally across a broad range of industries. Jonathan is sought out by companies around the world for his real estate expertise and business acumen. He is particularly good at identifying creative strategies to align real estate with business requirements, designing and implementing unique solutions to complex real estate challenges, and solving Landlord / Tenant conflicts where negotiations have deteriorated in the face of rising hostilities. Jonathan is happily married to his wife Susanna, and has 5 kids with one on the way. His mission is to change the business community through selfless service, and his entire firm is built upon this philosophy. Jonathan is known throughout the business community as someone who loves to help others, and who goes out of his way to be of service to people across the community.

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