Commercial Lease Assignments and Subleases: Negotiation Strategies in a Troubled Market
Best Practices for Landlords, Tenants, Subtenants and Assignees to Avoid Legal Pitfalls
Recording of a 90-minute premium CLE webinar with Q&A
This CLE course will provide best practices for counsel to landlords, tenants, subtenants and assignees to negotiate and craft subleases and assignments in the current market. The panel will review the benefits and risks of assignments and subleases of commercial leases and the legal distinctions of each option.
- Current market trends
- Supply vs. demand
- Lease terms and renewals
- Tenant bankruptcy
- Distinctions between assignment and sublease
- Legal differences
- Drafting differences
- Pros and cons of each option
- Key considerations/best practices when negotiating assignments and subleases
- Landlord perspective
- Tenant perspective
- Subtenant/assignee perspective
The panel will review these and other key questions:
- What are the most significant legal differences between a commercial sublease and assignment?
- What are the primary concerns for tenants considering subleasing their current space?
- What lease terms should subtenants be most concerned about when negotiating a sublease?
- How can a landlord respond when a tenant breaches a prohibition on assignment or subleasing?
Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.
Dorothea W. Dickerman
She has more than 25 years of experience in commercial real estate law and real estate finance. She has extensive... | Read More
She has more than 25 years of experience in commercial real estate law and real estate finance. She has extensive leasing experience representing landlords and tenants in commercial leasing, negotiating retail, restaurant, hospitality, office and industrial leases in rising and falling markets.Close
Ruth A. Schoenmeyer
Jenner & Block
She has extensive experience representing landlords and tenants in leasing transactions, including leases relating to... | Read More
She has extensive experience representing landlords and tenants in leasing transactions, including leases relating to office, industrial and retail properties. She has also drafted and negotiated numerous ground, build-to-suit and airport leases. She provides corporate real estate services to various companies and facilitates the purchase, sale and development of properties of various sizes.Close
Elizabeth K. Cooper, Esq.
Managing Director - Brokerage
Jones Lang LaSalle
She co-chairs the company’s Law Firm Group and leads the Strategic Transaction Service Group. She has completed... | Read More
She co-chairs the company’s Law Firm Group and leads the Strategic Transaction Service Group. She has completed over five million square feet of law firm leases. Prior to joining Jones Lang LaSalle, she practiced law for nearly 10 years. She is a member of the Board of Editors of Commercial Leasing Law & Strategy and actively writes and speaks on lease/purchase issues to various legal groups.Close