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Success Stories
Property Works recovered $129,000 in incorrectly billed occupancy costs
for a 25 unit client during the first two years - more than 3.5 times
the cost of Property Works services for the same period.
Property Works recovered over $535,000 in
overcharged rent, CAM and related charges for
a 210-unit quick service restaurant client.
Property Works saved an average of
$17,000 a month for a retail client with
a portfolio of 350 10,000-22,000 square foot
properties.
Property Works' lease restructuring and
management services saved $660,000 in
less than 24 months for a 125-unit fast food
operator.
In just one year, Property Works generated
$255,000 in occupancy cost savings for a client
with 45 10,000-40,000 square foot properties.
Property Works saved over $32,000 for a casual
dining chain that was using an incorrect pro-rata
share when calculating its property taxes.
Property Works negotiated a 38 percent
reduction in the real property tax assessment
for a 50-unit casual dining client. This created over
$12,000 in savings.
Property Works successfully terminated two leases
in high profile locations for a client seeking to exit a
market. Base rent savings achieved on the two sites
was in excess of $800,000.
Property Works recovered $40,000 for a
restaurant chain by reviewing the language of its
lease documentation.
Property Works has successfully renegotiated 32
leases for one fast food client over the last three
years. This resulted in present value savings in
excess of $1.75 million.
On average, we save over $125,000 a month
for our clients.
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