Sublease
Categories: Real Estate
You leased the 15,000 feet of office space for 5 years. It turns out your flying car didn't pass safety standards for humans, but it was, in fact, a great arborist tool for topping trees quickly and painlessly. So you only need 3,000 feet. You have 12,000 you are subleasing to others in little bits. You paid $5 a square foot; you're subleasing at $4.50 a foot, hoping to get back at least most of your dough.
Keep calm. Don't lose your head.
![](https://media1.shmoop.com/images/finance-glossary/leasing%20sign.jpg)