Lease Administration
skip to navigationSRS Real Estate Partners’ Lease Administration service line was established in 1994. Today, we successfully perform lease administration for 54 clients whose portfolios contain approximately 17,000 owned and leased properties.
Our Advantage. Your Savings.
Lease Administration depends heavily on tools, people and processes. Our lease administration service is considered "Best in Class" and has a number of offerings which differentiate us from our competitors:
- Savings: Our clients have realized $1.49 in savings (excluding labor cost reductions) for every dollar paid in our Lease Administration fees.
- People: Our team of experienced and well-trained specialists are, without a doubt, our number one asset.
- Transition Focus: Our dedicated transition specialists ensure a seamless transfer of data, credible reports and well-developed processes which are client-customized.
- Training: We consider training of paramount importance. Each team member receives training in desk-top audits, lease clauses, CPI increases and team building.
Our Incentive: Your Success
We reward our lease administration specialists for excelling in three key areas, all closely aligned and totally dependent upon our client’s success:
- Quality Review Score: Each specialist’s performance is evaluated by their client and is reflected in their compensation.
- Accuracy: New leases and amendments are abstracted into our database and are validated by a Lease Administration Manager; errors are corrected immediately.
- Savings Identified: An internal bonus pool rewards specialists for saving clients money. Bonuses are based upon constant savings and not based merely upon dollar amounts.