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CoStar for Corporate and Retail Tenants
by Kelly Clark on April 1, 2021
CoStar Real Estate Manager is the unique combination of the most comprehensive market information and the most collaborative management applications that are essential for every phase of commercial real estate leased for business. It is the solution you need for holistic lease management.
- Strategic Planning – Budgeting and analysis – Perform analysis and forecast future capital spend. Prioritize actions based on expected organizational impact.
- Execution – Lease renewals and new locations – Determine optimal lease rates and space alternatives leveraging data from sale and lease comps.
- Portfolio Operation – Lease administration and rent payments – Provide organizational visibility to critical information. Report on key property attributes. Manage co-tenancy requirements.
- Lease Accounting – Month-end close and financial reporting – Calculate balance sheet impact of leasing decisions. Examine lease comps and rents to support FMV analysis.
CoStar is the global leader in commercial real estate data and analytics, tracking more than 6 million properties worldwide. CoStar’s industry-standard management software is trusted and recommended by more leading accounting firms and service providers than any other.
Only CoStar delivers such a powerful combination of technology and information to help tenants drive cost savings, optimize portfolios and achieve lease accounting compliance.
CoStar Real Estate Manager applications like lease administration and lease accounting include integrated CoStar market information for specific buildings associated with each lease in customer portfolios. But now, corporate and retail tenants can provide internal teams with on-demand, unlimited and unfiltered access to the full set of market information including building and public record data, sale and lease comps, lease analysis, tenant information and market analytics.
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