Our next Mid-Lease Strategies topic is subleasing. We've seen a surge in sublease on the market during the pandemic, but here's what to know about subleasing your space before you start marketing it.

Key things to keep in mind then considering a sublease:

1. Make sure you have the right! It's not a universal lease right but something that's negotiated for.

2. You won't make 100% of your lease costs back. Due to marketing cots, landlord and legal fees, recovery is typically 55%-70% of your overall costs

3. Subleases are typically subject to your original landlord's approval. Check your lease for any restrictions on who you can and can't sublease to.

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And if you have any further questions about subleasing, reach out to a Rokos Broker.