"The service--a first for the industry--comes at a critical time in the commercial real estate cycle," comments Real Estate Media Inc. president and publisher Jonathan A. Schein. "There are a number of external forces that are coming together to heighten the need for such a service. Not the least of these is the still-weak national economy and the recent upheaval in corporate America--which we expect will increase the nation's stock of sublease space as expansion plans are terminated or put on hold."
Not surprisingly, Sublease.com CEO Paul Loulis agrees: "The market is flooded with sublease availabilities. Because subleases are usually a marginally profitable transaction for the broker, there is a powerful need for an efficient platform to source subleases."
For further information, click on: GlobeSt.com Sublease Center or click on the button under Resources & Services.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
