sublease

noun
sub·​lease | \ ˈsəb-ˈlēs How to pronounce sublease (audio) , -ˌlēs \

Definition of sublease

 (Entry 1 of 2)

: a lease by a tenant or lessee of part or all of leased premises to another person but with the original tenant retaining some right or interest under the original lease

sublease

verb
subleased; subleasing; subleases

Definition of sublease (Entry 2 of 2)

transitive verb

: to make or obtain a sublease of

Examples of sublease in a Sentence

Verb She subleased her apartment to a student for the summer. The agency subleases office space from a law firm.
Recent Examples on the Web: Noun Rechnitz signed each sublease agreement twice, records show, once on behalf of the company that leased the facilities and once on behalf of the nursing home. Washington Post, "Profit and pain: How California’s largest nursing home chain amassed millions as scrutiny mounted," 31 Dec. 2020 And tech companies have increased their surplus sublease space around the country by more than 40%. Steve Brown, Dallas News, "D-FW poised to gain tech sector jobs after COVID-19," 9 Nov. 2020 Now the 340,000-square-foot corporate center is being offered for sublease by commercial property firm Younger Partners. Steve Brown, Dallas News, "DFW Airport campus once considered one of the region’s most plush addresses is up for grabs," 5 Nov. 2020 Matheny has been tracking the North Texas sublease office market since earlier this year when the COVID-19 lockdown sent office workers home and caused a slowdown in building leases. Steve Brown, Dallas News, "Dallas-Fort Worth’s sublease office space market soars with the pandemic," 5 Oct. 2020 Huron also plans to shrink its office space, but said the amount and timing of those decisions and costs will depend, in part, on its ability to terminate or modify leases or sublease space. Chicago Tribune Staff, chicagotribune.com, "Huron cuts employees, office space and delays salary increases in pandemic-related restructuring," 3 Nov. 2020 Recent studies suggest that there is more than 8 million square feet of sublease office space available in the area. Steve Brown, Dallas News, "COVID-19 ravages D-FW office market," 13 Oct. 2020 In July, Dropbox listed nearly 270,000 square feet of the new digs for sublease, which points to another possible reason the virtual first plan appealed to the company’s leadership. Lila Maclellan, Quartz at Work, "Dropbox commits to going “virtual-first” by converting offices to meeting studios," 13 Oct. 2020 Almost a quarter of Times Square’s retail space was available for lease in the second quarter, according to data from Jones Lang LaSalle Inc., and retailers such as GAP, Old Navy and American Eagle have listed their stores for sublease. Konrad Putzier, WSJ, "How Covid Broke Times Square, the Heart of New York’s Economy," 2 Oct. 2020 Recent Examples on the Web: Verb Vir will sublease space from Dropbox, which has shifted to remote work. Chronicle Staff, SFChronicle.com, "Coronavirus updates from the Bay Area: Dec. 24-30," 1 Jan. 2021 All but 18 Brius homes pay rent to related companies, which either own the properties outright or lease the buildings from unrelated owners and then sublease them to the nursing homes, state records and interviews show. Washington Post, "Profit and pain: How California’s largest nursing home chain amassed millions as scrutiny mounted," 31 Dec. 2020 The move to sublease its Deep Ellum offices is the second change Uber has made this year for its planned Dallas regional operation. Steve Brown, Dallas News, "Uber is looking for tenants to fill its offices in Dallas’ Deep Ellum," 29 Sep. 2020 The ability to sublease the house for the summer went bust when COVID hit and the college world went virtual. Kelly Klein, Star Tribune, "With college virtual, are students stuck with lease?," 11 Dec. 2020 The availability rate rose to 13.5% in November, with more companies looking to sublease their offices, Colliers said. Fortune, "Manhattan hasn’t had this much available office space since 2003," 1 Dec. 2020 The availability rate rose to 13.5% in November, with more companies looking to sublease their offices, Colliers said. Andrew Stuttaford, National Review, "Biden’s New Team: A Good Day for BlackRock (and Corporatism)," 1 Dec. 2020 Uber Technologies is seeking to sublease more than 100,000 square feet in Dallas' Deep Ellum district. Steve Brown, Dallas News, "DFW Airport campus once considered one of the region’s most plush addresses is up for grabs," 5 Nov. 2020 Real estate information firm CoStar first reported that Uber is now seeking to sublease. Steve Brown, Dallas News, "Uber is looking for tenants to fill its offices in Dallas’ Deep Ellum," 29 Sep. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'sublease.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of sublease

Noun

1758, in the meaning defined above

Verb

1824, in the meaning defined above

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Time Traveler for sublease

Time Traveler

The first known use of sublease was in 1758

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Last Updated

11 Jan 2021

Cite this Entry

“Sublease.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/sublease. Accessed 16 Jan. 2021.

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More Definitions for sublease

sublease

noun
How to pronounce sublease (audio)

English Language Learners Definition of sublease

US : a legal agreement by which someone who is renting an apartment, house, etc., is allowed to rent it to someone else for a period of time

sublease

noun
sub·​lease | \ ˈsəb-ˌlēs How to pronounce sublease (audio) \

Legal Definition of sublease

: a lease that is given by a tenant or lessee to another person of part or all of the leased premises for a shorter term than that of the original lease and under which some interest is retained — compare assignment of lease at assignment

Other Words from sublease

sublease transitive verb

More from Merriam-Webster on sublease

Thesaurus: All synonyms and antonyms for sublease

Comments on sublease

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