CoStar for Corporate and Retail Tenants

4 min read
April 1, 2021
CoStar Real Estate Manager Blog

Why Corporate and Retail Tenants Choose CoStar REM for Commercial Leasing Software

When tenant teams evaluate commercial leasing software, they are usually asking the same questions. Can it do more than store lease data? Can it help us negotiate better? Can it support renewals, new locations, reporting, and lease accounting in one place?

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 commercial lease management.

For corporate and retail tenants, that means one platform for lease administration, portfolio visibility, commercial real estate lease analysis, and the market intelligence needed to make faster, more informed decisions.

What makes CoStar REM different from other commercial leasing software?

Many platforms help teams track leases. Fewer help them connect lease data to real-time market intelligence and portfolio strategy.

Only CoStar delivers such a powerful combination of technology and information to help tenants drive cost savings, optimize portfolios and achieve lease accounting compliance.

With CoStar REM, tenants can combine day-to-day execution with broader decision support through:

That combination is what makes CoStar REM a stronger fit for organizations that want commercial leasing software to support both operations and strategy.

How does CoStar REM help tenants across the full lease lifecycle?

Strategic planning – budgeting and analysis

Perform analysis and forecast future capital spend. Prioritize actions based on expected organizational impact.

For tenant teams, this means using portfolio data and market context to evaluate where to renew, where to consolidate, and where to invest. Instead of making decisions in a silo, teams can use market data and analytics to compare locations, benchmark rents, and prioritize actions based on both lease obligations and broader market conditions.

Execution – lease renewals and new locations

Determine optimal lease rates and space alternatives leveraging data from sale and lease comps.

CoStar REM helps teams analyze lease comps, review alternatives, and bring better data into renewal and relocation decisions. That is especially useful for tenants trying to reduce occupancy costs or support site selection with current market evidence.

Portfolio operation – lease administration and rent payments

Provide organizational visibility to critical information. Report on key property attributes. Manage co-tenancy requirements.

On the operational side, CoStar REM supports tenant teams that need better control over leases, deadlines, and rent obligations. Through lease administration software, teams can centralize lease data, improve reporting, and stay on top of key dates across a growing portfolio.

Lease accounting – month-end close and financial reporting

Calculate balance sheet impact of leasing decisions. Examine lease comps and rents to support FMV analysis.

For organizations that need software to support both real estate and accounting teams, CoStar REM connects lease activity to lease accounting workflows. That gives stakeholders better visibility into the financial impact of lease decisions while supporting reporting and compliance requirements.

How does CoStar REM support commercial real estate lease analysis needs?

Most teams comparing commercial lease analysis software are not looking for data for its own sake. They want insight they can use to weigh options, reduce risk, and make smarter decisions about renewals, relocations, and growth.

CoStar REM supports commercial lease analysis by helping teams:

  • compare current lease terms to market comps
  • review alternative spaces and comparable rates
  • analyze submarket conditions before renewals
  • evaluate occupancy costs and portfolio impact
  • support fair market value analysis with market data
  • improve internal recommendations with more complete property and tenant information

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.

Why choose CoStar REM as your commercial leasing software?

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.

If your team wants to improve lease execution, analyze options more confidently, and support better portfolio decisions, CoStar REM offers a more complete solution than standalone lease tracking tools.

FAQs about CoStar REM for corporate and retail tenants

Is CoStar REM just lease administration software?

No. CoStar REM includes lease administration software, but it also supports market analysis, portfolio planning, renewals, rent workflows, and lease accounting.

Can CoStar REM help with lease renewals and new site decisions?

Yes. CoStar REM helps teams evaluate lease comps, market conditions, and space alternatives so they can make more informed renewal and relocation decisions.

Does CoStar REM include commercial real estate lease analysis tools?

Yes. CoStar REM supports commercial real estate lease analysis through integrated access to building data, public records, sale and lease comps, tenant information, and broader market analytics.

Is CoStar REM useful for retail tenants?

Yes. Retail tenants can use CoStar REM to manage lease obligations, monitor co-tenancy, identify cost-saving opportunities, and support location strategy with market data. Learn more about the retail tenant solution.

Is CoStar REM useful for corporate and office tenants?

Yes. Corporate tenants can use CoStar REM to centralize lease data, improve portfolio visibility, manage renewals, and connect real estate decisions to accounting and reporting workflows. Learn more about the office tenant solution.

Can CoStar REM support lease accounting compliance?

Yes. CoStar REM includes lease accounting software that helps teams manage reporting requirements and understand the financial impact of leasing decisions.