RE Department
We will be your real estate department and address all of your needs.
TREA will provide the expertise to address all of your real estate needs, from detailed analysis of your current lease through negotiations on a renewal or new lease, annual CAM expense reconciliations, space planning, lease audits and acquisitions. We will be your real estate department.
At TREA, we pride ourselves in the on-going support of our clients. Whereas most brokers disappear once the lease contract is signed, we are not just your broker; we're your real estate department and we're here for the long term. We will set up your leases on our web-based lease administration program, which we will use to keep you aware of critical dates and the obligations outlined in your lease.
Our ongoing support services include:
- Maintaining web-based lease administration program for secure easy and immediate access by clients
- Monitoring all lease terms including critical dates and obligations
- Completing an annual review of CAM charges
- Monitoring of space expansion and contraction needs
- Tracking real estate market trends and their effect on your leases
- Continued representation between you and your landlord on any concerns
- Forecasting occupancy costs for budgetary purposes
For Example
A simple audit could mean a significant cut in your CAM charges.
While reviewing reimbursement charges for a new client, we discovered that he paid two separate management fees to the landlord for his small property. The credit extended by the landlord for this single mistake cut our client's CAM reimbursement costs by 25% last year - a significant cost reduction. But what really came as a surprise was when, upon further investigation, we informed him that his bottom line had suffered from that same duplication error every year for the past nine years.
Lesson: Always perform an annual audit of the landlords CAM expenses to ensure that you are not paying for unauthorized or unreasonable charges.
866.799.8732 | 719.634.9000 (o) | 719.448.0500 (f)