Lease Administration

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SRS Real Estate Partners' lease administration service line, established in 1994, provides more than 15 years of experience delivering clients consistent and measurable results. We save our clients 1% to 2% of rent and operating expenses annually. Our lease administration service is considered "Best in Class" and has a number of features which differentiate us.

What We Do

• The real estate administration services team currently manages more than 14,500 properties with portfolios ranging in size from 7 to 4,400 properties totaling more than $2.14 billion in annual rent roll.
• We manage the payables function on leased and owned properties for numerous clients, approving and processing more than $1.35 billion per year in rents and operating expenses.
• We serve more than 50 clients from industries including retail, health care, media and broadcasting, telecommunications, professional services, software engineering, oil and gas, manufacturing, industrial, education and government.

Typical Results

• Occupancy cost savings - We save our clients anywhere from 1% to 2% of total annual occupancy costs which equates to an average of $1.49 in savings for every $1.00 paid to us in fees. The savings for retailers is often higher and exceeds a 2:1 ratio.
• More flexibility and time – We free up our clients' time from managing overhead and minutiae; from recruiting, hiring and training personnel; and we provide maximum flexibility to scale up or down as demand dictates.
• Risk mitigation and transfer - We deliver virtually defect-free quality on abstracting and critical date management thereby reducing our clients' exposure. We are an insurance policy by assuming a level of financial accountability for errors in every contract we enter.

What Can SRS Do For You?

To learn more about our real estate administration services and to receive a custom business case analysis of your company's portfolio contact Steve Dawkins via email or at 972.419.4210.