When a business needs immediate workspace, a sublease may seem like an attractive option. But subleasing can also come with risky downsides, including unforeseen long-term costs, limited flexibility, more complex lease terms, and no direct landlord relationship. Flex+ is a smart alternative, giving businesses access to the move-in-ready, private workspace they need today with stability for tomorrow. Here’s what to know:
Simplified leasing
Flex+ makes leasing simple and straightforward: choose the location, furniture options and terms, and Irvine Company’s concierge service team handles the rest. That’s a big difference from subleasing. In a sublease, Company A leases space to Company B, but Company A still has a master lease with the landlord, who may have veto power over the sublease terms. This can lead to a longer approval process, plus a risk the deal may not be approved.
No expensive surprises
Subleases can be risky: there’s always the chance the primary tenant is not actually paying their lease and may be evicted, leaving businesses stuck with unexpected move-out costs. There’s also no price guarantee– rates may jump significantly once the initial sublease terms end. Flex+ eliminates these risks, ensuring a direct landlord relationship. Even better, with no upfront costs, companies can invest capital into their business, rather than their office.
Furniture and space layouts that align with business needs
Why live in someone else’s house when you could build your own? With a sublease, what you see is what you get: the existing layout and furniture (if used) may not match a company’s brand or workstyle. With Flex+, Irvine Company helps businesses find their space to match their needs.
Unlimited scalability and flexibility
A Flex+ lease gives businesses access to Irvine Company’s 550+ buildings. As needs evolve, Irvine Company can help companies rightsize in other suites, new buildings, or even different cities. With a sublease, a business is stuck with the space they’ve got since exiting the sublease may result in costly termination fees, and the primary landlord is unlikely to help them find alternative spaces.
Premium space, premium experience
Flex+ gives businesses access to the premium Irvine Company experience without any compromises. As a financially stable long-term owner, we’re committed to continual improvement and customer partnerships. This means there’s no risk of shifting standards. Our experience-driven amenities make the workplace an essential destination and our expert teams and personalized service enable worry-free workdays.
