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 The amount of sublease space on the market in the city of Boston has set a new record as a result, according to real estate brokerage Colliers. BostonGlobe.com, "Boston employers are embarking on a grand experiment, by shifting their offices to a hybrid model," 27 Apr. 2021 Many tenants reduced their office footprints as their leases rolled over, while others put their unused space on the market for sublease. Roger Vincent Staff Writer, Los Angeles Times, "Less than 1 in 4 workers has gone back to the office as businesses plot a wider reopening," 15 Apr. 2021 Gannett, the parent company of IndyStar, plans to put the third floor of the media outlet's office space at 130 S. Meridian St. up for sublease. Sarah Nelson, The Indianapolis Star, "Gannett opens portion of IndyStar office space to sublease," 15 Apr. 2021 Baty said the surge in sublease office space in North Texas appears to have plateaued. Steve Brown, Dallas News, "D-FW office building market still fighting COVID declines," 5 Apr. 2021 Much of that was driven by a surge in sublease space, which reached 22 million square feet, the real estate services firm said. Washington Post, "U.S. auto sales rebound in first quarter, despite semiconductor chip shortage," 1 Apr. 2021 Unlike smaller tech companies that have cut office space and marketed sublease space, Facebook hasn’t reduced any of its Bay Area real estate despite remote work expansion plans. Roland Li, San Francisco Chronicle, "Facebook sets reopening date for S.F., Bay Area offices, with no free food and no transit," 26 Mar. 2021 Matheny said more than 40% of the sublease offices available in D-FW had terms as long as three years. Steve Brown, Dallas News, "Dallas-Fort Worth’s sublease office space market soars with the pandemic," 5 Oct. 2020 More than 9 million square feet of office sublease space is currently on the market in the D-FW area — surplus offices that corporations are paying for but hope to rent out to other firms. Steve Brown, Dallas News, "Forecast: D-FW office leasing to start rebound soon but take years to reach pre-COVID levels," 16 Mar. 2021 Recent Examples on the Web: Verb Restaurants and florists could sublease their own plots and there would likely be an education center where San Francisco school children and college students could learn about sustainable agriculture. J.k. Dineen, San Francisco Chronicle, "S.F.'s historic Portola greenhouses could be saved. But there's a catch," 30 Mar. 2021 The other nine tracts were purchased by the state of Alaska, which would have to sublease them to an oil company for any work to proceed. New York Times, "Seismic Survey of Alaskan Arctic Refuge Won’t Move Forward," 22 Feb. 2021 Dropbox is trying to sublease over half of the 750,000 square feet at its headquarters and has signed deals with two biotech companies. Jessica Flores, San Francisco Chronicle, "When S.F., Bay Area companies are reopening offices: Facebook, Google, Uber and more," 2 Apr. 2021 Large companies typically sign office leases for a decade or longer, giving them few options for reducing their footprint beyond trying to sublease floors to other tenants. Konrad Putzier, WSJ, "JPMorgan, Salesforce Join Growing List of Firms Dumping Office Space," 30 Mar. 2021 Lasser said one trend that could be growing is for a tenant to lease and pay for a space, but will sublease that space to a different tenant. Karen Caffarini, chicagotribune.com, "Pandemic’s wrath takes it easy on NWI office space: Report shows Lake, Porter vacancies dip," 19 Feb. 2021 Yelp is also reportedly seeking to sublease office space in Chicago and New York, urban centers that have also been hit by the pandemic. Roland Li, San Francisco Chronicle, "After 1,000 layoffs, Yelp seeks to shrink San Francisco headquarters," 3 Feb. 2021 Twitter, Yelp, Airbnb and Dropbox have tried to sublease some of their San Francisco office space. New York Times, "They Can’t Leave the Bay Area Fast Enough," 14 Jan. 2021 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

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

29 Apr 2021

Cite this Entry

“Sublease.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/sublease. Accessed 7 May. 2021.

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More Definitions for sublease

sublease

noun

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

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