Commercial Lease Options Explained: New, Renewal, Sublease and Assignment

As a commercial tenant, your lease journey doesn’t stop after you move in. Throughout your tenancy, you’ll face critical decisions—each with unique risks, opportunities, and financial implications.

Understanding Usable vs Rentable Space in Commercial Leasing

Not all square footage is created equal. When leasing commercial space, understanding the difference between usable area and rentable area is essential to avoid overpaying—or underestimating how much space you truly get.

Why Business Plans and Proposals Matter for Commercial Tenants

Looking for a great commercial space? You’ll need more than just a good location—you need a strong business plan and a well-prepared proposal.

Commercial Space Financing Strategies Every Business Tenant Should Know

Finding the right commercial space is just the beginning—success depends on strong financial planning. Whether you’re leasing a storefront in downtown Toronto or buying a business with property in Calgary, commercial real estate comes with very different funding rules compared to residential rentals.

Understanding Ground Leases in Commercial Real Estate

Ground leases offer a unique opportunity in commercial real estate—giving tenants the right to build and own improvements without purchasing the land itself. But how does this long-term lease model actually work, and is it right for your business?

Address

Century 21 Bravo Realty
3009 23 Street NE
Calgary, AB T2E 7A4

Century 21 Leading (Affiliated)
#130 14315 118 Ave NW
Edmonton, AB T5L 2M5

Laboutique Realty
#106-460 Doyle Avenue
Kelowna, BC V1Y 0C2

Sutton Group Seafair Realty
#550 - 9100 Blundell Road
Richmond, BC V6Y1K3

Phone

Calgary Office
(403) 539-9980

Edmonton Office
(780) 665-5229

Kelowna Office
(250) 410-0939

Vancouver Office
(604) 636-8061

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.