In the March 3rd edition of Miami Today, on page 16, I’m quoted extensively about trends in office sublease space. Interestingly enough before my interview with Marilyn Bowden, the reporter, I did a little research and discovered that the amount of sublease space is declining. That’s where we came up with the nifty graph in the article. (You can click for here for the full article)
Subleasing your office space is usually a lengthy process that requires your landlord’s consent among other things. In my 18 years of experience, I have never seen a company make a profit. If you can recover more than 50 cents on the dollar, pop the champagne. Enjoy the article and if you want to get rid of extra office space, give me a call. Subleasing may not be your only option.