The Alaska Landlord and Tenant Act does not apply to commercial tenancies. Commercial tenants and landlords are expected to negotiate the lease terms and work out disputes between themselves and their legal counsel.
From that standpoint, it is important to make sure that certain issues are clearly dealt with in the lease - for instance, a means for early termination, and the process by which a tenant can assign the lease or sublet the premises. In the current economic climate, many businesses fail within their first year. If a tenant is no longer able to continue doing business on the premises, it's in both the tenant's and the landlord's best interests to terminate the lease or transfer the premises to a new tenant as quickly and as smoothly as possible.