Are You Justified in Withholding Consent to Reduced Rent Sublease?

Occasionally, a tenant will want or need to leave its space that it rents in your shopping center or office building. But that can create a financial burden for you. Even if it’s the tenant’s responsibility under the lease to mitigate the damage caused by breaking its lease, it could still be a hassle for you. But don’t give in to a proposed deal from the tenant that’s less than you’re owed! You don’t have to take a worse deal than the current tenant’s deal. A recent Illinois case demonstrated this.