Contacts

Jeffrey A. Tosello
Managing Principal
Cresa

tel 312.279.5333
Email

Lease Administration

Recent
Assignments

  • 100 Location North American Portfolio
    Oil Services Company

    Full Services Engagement

  • 2000+ lease portfolio
    Telecommunications Company
    Audit Recovery = $1M
  • 100 Location International Portfolio
    Footwear Retailer

    Database Implementation & Full Services Engagement

  • Food and Chemical Manufacturer
    1,145,378 SF

    Georgia Industrial

  • Global Conglomerate
    47,000 SF

    Orange County Industrial

  • Global Pharmaceutical
    128,000 SF

    Chicago Industrial

  • 100 Location National Provider
    Healthcare Provider

    Database Implementation & Support Project

  • 50 location International Portfolio
    Silicon Valley High Tech Company

    Database Implementation & Full Services Engagement

With occupancy costs ranking among the second or third largest expense items for most businesses today, the astute management of a lease portfolio — by professionals truly focused on it — must be considered a critical part of any strategic plan.  

Our lease administration specialists can help you significantly reduce costs, while potentially sparing you some expensive mistakes. We can supplement your current lease program — or completely replace it. Either way, you get:

  • Thorough inventory of your property portfolio, so you can identify cost savings that have gone unnoticed
  • Real-time information about every lease, including key trigger dates when decisions are needed and where missing an important date can be disastrous
  • New business processes — software-neutral systems that provide complete control of all your leases going forward
  • A strategic overview of your portfolio — with aggregated lease details, including terms, conditions, and overall financial impact
  • Assured compliance with all regulatory rules in a timely and accurate manner
  • Dedicated resources — We can assign you  permanent staff members, whose job is to function as an extension of your team
With our people managing your portfolio, costs are reduced, savings are accrued, mistakes are prevented, and regulations are complied with. You get a level of expertise you are unlikely to have — or be able to achieve — in-house.

Ask yourself this:

  • Exactly how many leases do you have across our entire organization?
  • What does that represent in square feet and annual occupancy cost?
  • What are the critical notification dates and actions required in the next six months? The next twelve months?
  • How much can be saved through annual cost audits?
  • Do these answers include our global footprint?
If these questions can’t be answered quickly and accurately — an expensive mistake could be looming. Before that happens, consider outsourcing your lease administration.