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Best Practices for Commercial Lease Planning for the New Year

As the New Year draws near, most professionals responsible for commercial lease management are laser-focused on the next year’s goals. Before going too far down that path, it’s well worth your time to take stock of lingering issues from the current year, as well as create a plan for managing

Lease Negotiations & Renegotiations

Most tenants accept their lease options and conditions as if they’re etched in stone. But just when you think something is non-negotiable in the commercial real estate world, think again. When the Property Works Advisory Group works on your behalf, they’ll seek more favorable terms and TI allowances. They’ll even

Obtaining Landlord Consent During a Refinance

The Industry’s Leading Approach Landlord approval is a key component of deals requiring a transfer of assets, merger, acquisition or refinance. While gathering landlord signatures may sound like a simple task, it requires significantly more time, resources and negotiation skills than most people realize. Handling the project in-house detracts from

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The Top 5 Occupancy Costs You Should be Auditing

Following payroll, occupancy costs represent the highest expense category for multi-unit operators. To keep Occupancy costs as low as possible, its critical to verify that balances are correct, the right calculations have been applied and all the billbacks align with the lease language. When a seasoned team audits all lease

The Top 5 Occupancy Costs You Should be Auditing

Following payroll, occupancy costs represent the highest expense category for multi-unit operators. To keep Occupancy costs as low as possible, its critical to verify that balances are correct, the right calculations have been applied and all the billbacks align with the lease language. When a seasoned team audits all lease

7 Ways to Optimize Your Lease Portfolio

If you’re a retail operator, there are seven critical ways to optimize your lease portfolio. By keeping these issues top-of-mind, you’ll have time to strategically plan for changes, take advantage of time-sensitive opportunities, and even cut your losses when the time is right. Continually focus on all leases expiring within

Case Studies

WKS Restaurant Group

WKS has over 350 Leases and has been a client of Property Works for 13 years. We currently use the database function and process the updates ourselves. We are always able to get first-class customer service to help us with training and implementation of the system tools. I cannot imagine

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Hospitality Restaurant Group

In 2010, after a sizable acquisition of additional restaurant locations, we knew we needed more control of our lease obligations. We found our perfect solution with Property Works. A web-based solution which allows us access to lease information and documents anytime, anywhere Excellent, concise reporting with summary or detailed lease

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