Lease Auditing
Keeping track of individual lease terms is a daunting task for many property management firms. Correctly calculating tenant invoices is even more of a challenge.
On average, we find that one out of every four audited leases have an overcharge associated with the CAM or taxes. Historically, this has equated to recoveries averaging nearly twenty-five cents per square foot. Not bad for a day’s work!
Cadence Lease Auditing Service addresses the complexities of managing the expenses associated with retail real estate leases. We will audit your leases, report our findings, prepare the claims and work with you to obtain the greatest possible refund. Our clients represent many of the nation’s largest retail tenants and have saved tens of millions of dollars leveraging our team of lease experts.
Cadence can also provide consulting services that address internal training for occupancy accounts payable personnel and upfront reviews of lease language that will protect tenants from future overcharges or undesirable payment situations.