In this narrowest of circumstances, I am assuming the entity that buys your operation remains in the building that you own.: If the purchasing entity decides they want to move locations or shut down the operation, they might want to sublet or assign the lease to another party. A lease should include the terms under which this is permissible. As a landlord, you generally cannot refuse a sublease arbitrarily.
Allen C. Buchanan, SIOR, is a principal with Lee & Associates Commercial Real Estate Services in Orange. He can be reached at
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