In today’s robust market and scant availability, you may be able to relocate, sublease your remaining term and make money.
The Yang to the Yin of the cost to replace a tenant is the dollars required to move. If you have large machinery, a special purpose use, ISO certifications or a spray booth, you’ll be shocked at how expensive it is to change quarters.
Know these costs. Your landlord will use them as leverage.—Schedule an annual virtual or in-person meeting with the landlord.Allen C. Buchanan, SIOR, is a principal with Lee & Associates Commercial Real Estate Services in Orange. He can be reached at
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