Lease Administration

Lease Administration

Getting ahead in today's retail industry involves maximizing the profits of your current portfolio. Many retailers overlook the potential value in their leases, viewing Lease Administration as responsible only for abstraction, storage, and financial reporting.

Newmark views Lease Administration as a profit generator rather than a mere cost center. Our teams manage over 19,000 leases, and are among the most experienced in the industry, focused on comprehensive outsourced Lease Administration solutions and maximizing client benefits. We uncover significant savings for retailers through rigorous NNN expense audits, stringent compliance regulation and implementation, and efficient systems integration, often saving more than the service costs.

Data accuracy and reporting are now “table stakes.” Our team goes beyond this, to identify inconsistent billing and expenditures or other signs of landlord financial distress. We flag these risks, and realize any potential savings or negotiation leverage.