Real Estate Lease Audit
Highlights:
Your Window of Opportunity for a
Real Estate Audit May be Closing.
Virtually every large company that leases space can reap significant financial benefit with a full-scope review of their lease costs. But some circumstances are particularly likely to create opportunity for recovery. Your organization is an exceptionally strong candidate for a real estate lease audit if:
- You have large commercial office leases with a base year or stop provision
- You have a heavy-use component, such as a 24/7 call or data center
- You are an anchor retail tenant and your lease includes pass-through expenses
APEX Analytix finds opportunities for recovering revenue based on incorrect billing, miscalculations related to operating expenses, taxes, common area maintenance, utilities and more. The accuracy of billings from your landlord is affected by the fact that the process is self-policing and is based upon some of the most complex portions of a lease agreement. Without a detailed review of the landlord’s billings, you are relying solely on the landlord’s interpretation of these provisions. And, as more and more leases may specify audit windows as short as 30 days, it is important to take action quickly. APEX Analytix offers a proven process of reviewing errors that can result in recovered dollars in a timely manner, without sacrificing the relationship with your landlord.
Get all the details by downloading the APEX Analytix Real Estate Audit brochure.
While the APEX Analytix real estate audit is among the most comprehensive available, the average engagement requires our auditors to spend only a few weeks per year at your site generating and updating working files.