Pros and Cons of Subletting Your Office Space

By |August 28th, 2023|Categories: Blog, Leasing, Office Space, Subletting|Tags: |

In an ever-changing business landscape, flexibility and strategic cost management are paramount. At Regent Commercial Real Estate, your trusted commercial real estate team based in Charlotte, NC, we understand these dynamics better than anyone else. That’s why we want to provide you with an in-depth look into commercial real estate sublease options—an avenue often unexplored by many businesses. In this guide, we’ll explore the pros and cons of subletting your office space with a commercial sublease agreement to help you make an informed decision. Understanding Commercial Subleasing Agreements As you contemplate the idea of subletting your office, you might be wondering, “What is a commercial sublease agreement?” A commercial sublease agreement is a legal contract that allows you to rent out your leased property to a third party, known as the subtenant. This document is crucial in defining the terms of the sublease, including the duration, cost, and responsibilities of [...]

How the CARES Act Can Help You Pay Rent on Your Commercial Space

By |April 10th, 2020|Categories: Blog, Consulting|Tags: , , , |

Small business owners in North Carolina and South Carolina are being forced to make some hard choices. Do I pay rent for my commercial space, or do I pay my employees? What if I can’t do either? What if I can only do one? Some businesses have been able to adapt and get creative to make it through these hard times, but may not be operating at 100%. Other businesses are facing severe hardships through no fault of their own and have already closed their doors or are hanging on by a thread. If you fall into one of these categories, there is help available to you. […]

What Should I Do if I Can’t Pay Rent for My Commercial Space Due to COVID?

By |April 3rd, 2020|Categories: Blog, Consulting|Tags: |

We are experiencing unprecedented events that leave most of us worried and confused. Most business owners are being forced to make hard decisions, like laying off staff or temporarily closing their doors. If you rent commercial space, you may be wondering what your options are if your business is facing hardship during the coronavirus pandemic. You should start by reading your lease to see if you have any options for reduced rent. It’s probably not likely, but you need to know your options. […]

Does it Make Sense to Move Into a Sublease Space?

By |March 28th, 2020|Categories: Blog, Consulting, Subletting|

Subleasing a space sounds like a great deal, right? Find a furnished space and move in. Although subleasing a space sounds simple and straightforward, it is not. There are many factors to consider when entering into a sublease. A sublease will contain more paperwork than a standard lease. It will include the sublease, the original lease and addendums, and the landlord’s consent document. You need to be cautious, and having a qualified commercial real estate broker at your side will immediately give you an advantage. Your sublease is contingent on the sublessor’s original lease and it needs to be thoroughly reviewed by a professional. They have the experience to understand the documents needed for a sublease transaction and can walk you through the process. […]

Thinking of Selling Your Commercial Property? Now is the time!

By |March 21st, 2020|Categories: Blog, Selling Commercial Property|

Thinking of Selling Your Commercial Property? Now is the time! Brian Smith, founder of Regent Commercial Real Estate, recently closed on a record sale in Fort Mill, South Carolina. This industrial property sold before it even hit the market! • Off-market deal • Record sale for the area • The property sold for $1.3 million, or $108.33 per square foot • 12,000 square foot industrial property consisting of warehouse and office space • Closed March 6, 2020 […]

How Much Office Space Do You Really Need?

By |March 12th, 2020|Categories: Blog, Office Space|Tags: , , |

When you rent office space, your monthly rent and all expenses are determined on a per-square-foot basis. Since this is the determining factor for all your expenses, it is important to make sure you have the right amount of space for your needs. While cost is important, you should also take into consideration how the space layout will affect your employee’s productivity and job satisfaction. Your first step is to assess your current situation and have a general idea of your future needs. Here are a few questions you should ask yourself:  […]

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