LEASE ADMINISTRATION

Measuring and managing success can only occur with well-defined standards and processes in place. The team operates using process mapping that reflects integration with other departments. Routine processes cover the life-cycle of a lease (both main leases and subtenant leases) and they all begin with the lease abstraction and on-going database updates. 

Our document management system provides a means to incorporate standard physical lease document practices electronically. These include:

Storage location
Security and access control
Version control
Audit trails
Check-in/check-out and document lockdown

Our experts help tenants identify and align strategic business, financial, and operational objectives with real estate requirements. Our brokers can also integrate additional tenant services, such as Project Management, and Facilities Management. 

Having Rent Roll reports updated timely is a great asset. But just how useful can this report be? Simple, it is analytics for decision making. Not fully leased up? Our tools can help you easily track vacancy rates, manage vacancy loss, and budget accordingly. Tracking rent increases and move out dates? Knowing this is one thing but analyzing the impact on NOI and ROI is positioning the business for the next level. How about Acquisitions, what does it tell you about the potential investment? Let our team show you what lies beyond the numbers. 

Beyond options and expirations, we have a systematic method for tracking and managing timely lease-related action items. Whether you have a ground lease for a convenience store or acres of warehouse space for large industrial equipment, the process is the same. Know your critical dates and deadlines and we have a platform to easily track and manage them.   

We specialize in reviewing commercial real estate leases and conducting lease audits of rent, operating expenses, common area maintenance (CAM) expenses and real estate taxes to generate significant financial savings on behalf of tenants.