Lease Administration Services
Money-Saving Advice for Tenants From Our PLA Team
Paisley Bittner on September 28, 2021
Imagine trying to manage your leasing portfolio, with renewal and termination option notice dates, security deposit or letter of credit reduction dates, tenant improvement allowance use-by dates, insurance renewals, expansion & contraction options, base rent increases, and other critical dates in an excel spreadsheet, all while simultaneously juggling your other job functions? Maybe you don’t need to imagine—this could be you! Similar to ensuring your landlord is following the terms and conditions of your lease when reviewing your annual operating expense charges, it is important to diligently track key lease dates to ensure you don’t miss out on the lease options you negotiated for. Overlooking an important key date in a lease can be an easy mistake by an already busy team member when relying on an Excel spreadsheet, and this can manifest quickly into costly ramifications or missed opportunities for the company.Read More
Looking for Potential Office Lease Savings? Take Time to Review Your OpEx & CAM Reconciliation
10 Reasons Why More Businesses Are Choosing to Utilize a Lease Administration Partner
Deadline Quickly Approaching for Private Companies to Adopt the New Lease Accounting Standard, ASC 842
Our Portfolio Lease Administration & Advisory team is comprised of industry-leading experts with years of experience focused on this specialization. We know the ins and outs of the business and take the burden of these responsibilities off of your hands. The team's broad expertise have helped tenants save money on their leases, and address issues that arise during their occupancy.