{
  "url": "https://classa.info/guides/subleases-and-the-class-a-bid-stack",
  "title": "Subleases and the Class A bid stack",
  "description": "How sublease availability has reshaped the post-2022 Class A bid stack and how to think about it as a tenant.",
  "oneSentenceAnswer": "Sublease overhang has reshaped 2023–25 Class A pricing in major US gateway markets.",
  "tldr": [
    "Sublease overhang has reshaped 2023–25 Class A pricing in major US gateway markets.",
    "Sublease product is typically 30–50% below direct landlord rent.",
    "Quality is highly variable — sublease space is rarely the trophy floor.",
    "Sublease term is short, limiting expansion and renewal optionality.",
    "Subleases can be the right answer for project teams, swing space, or 24-month bridge requirements."
  ],
  "faqs": [
    {
      "question": "Will sublease availability normalise?",
      "answer": "Slowly. Most sublease space is on leases with 4–7 years remaining; full burn-off requires 5+ years of net positive absorption. Submarkets with strong AI / financial demand normalise faster."
    },
    {
      "question": "Can I extend a sublease?",
      "answer": "Sometimes. Direct landlord consent is required, and extensions often convert to direct leases at then-market terms. Negotiate a non-disturbance and a direct-landlord recognition agreement at sublease signing."
    }
  ],
  "pageType": "guide",
  "lastUpdated": "2026-04-01T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/guides/subleases-and-the-class-a-bid-stack), updated 2026-04-01T00:00:00.000Z."
}