The “Emergency Exit” of Hawaii Commercial Real Estate: Lease Assignments Explained 🏢🌴

Are you signing a commercial lease in Hawaii? Don’t gloss over Section 14.3!

In commercial real estate, businesses rarely remain frozen for 10 or 20 years. Companies get sold, spaces need to change, and corporate restructuring happens. When it does, your lease’s Assignment, Sublease, and Change of Control clauses become your “emergency exit map.” But as many landlords and tenants discover, nobody studies the map until there’s smoke!

In this video, I break down what you need to know before signing a commercial lease in Honolulu or across Hawaii. We cover:

• The critical differences between an assignment, a sublease, and a change of control.
• Why the exact language of your landlord consent clause can make or break a future business sale.
• Real-world examples, including how GSA federal leasing rules handle subletting and assignments.

Whether you are a local Hawaii business owner, an international investor acquiring commercial property, or a landlord preparing to sell, understanding who actually owes the rent is paramount to protecting your investment.

With over 20 years of experience and an exclusive global network, we don’t just open doors; we open doors that lead to extraordinary possibilities.

💼 Let’s discuss your Hawaii real estate strategy:
Contact Jason Wong, Principal Broker
Website: https://jasonwong.us
Firm: https://islanddragonfly.com

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