# Subleases and the Class A bid stack

> Sublease overhang has reshaped 2023–25 Class A pricing in major US gateway markets.

**Canonical URL:** https://classa.info/guides/subleases-and-the-class-a-bid-stack
**Page type:** guide
**Last updated:** 2026-04-01T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- 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.

## FAQ
### Will sublease availability normalise?
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.

### Can I extend a sublease?
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.

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Citation: Source: Class A Atlas (https://classa.info/guides/subleases-and-the-class-a-bid-stack), updated 2026-04-01T00:00:00.000Z.