IN THE WORKS

The Private Equity Manager's Timeline for Maximizing Lease Profit Margins with Property Works

Managing commercial leases throughout acquisitions, operations, and dispositions can be complex and time-consuming. But at Property Works, we simplify every stage of the process so you can focus on maximizing profitability. From lease administration to occupancy cost auditing and tax compliance, we take on the heavy lifting, ensuring your leases drive maximum returns with minimal effort from your team.
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A Tenant’s Quick Guide to Percent Rent: What You Need to Know

If you're leasing a commercial space, you might come across a lease structure that includes percent rent. This model allows you to pay a base rent plus a percentage of your gross sales, which can be a great option for businesses looking to manage costs during slower sales periods. But how does percent rent work from a tenant’s perspective, and what should you keep in mind when it's time to pay?
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The Complexities of Managing Percentage Rent for Multi-Location Tenants

If you’re a multi-unit operator in the retail or restaurant industry, you know that managing percentage rent across different leases can be a daunting task. Percentage rent is a type of lease arrangement where you pay a base rent plus a percentage of your sales once those sales exceed a set threshold (the breakpoint). While this setup offers flexibility, the complexities multiply when dealing with several locations, each with unique terms.
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How to Process Percentage Rent in Commercial Leases

Percentage rent is a common feature in commercial leases, particularly in the retail sector, where it allows landlords to benefit from the success of their tenants. But while the concept is straightforward, the process of calculating and managing percentage rent can be complex and time-consuming. To help you navigate this aspect of lease management, here’s a step-by-step guide to processing percentage rent.
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6 Essential Items You Must Have Before Starting Lease Abstracting

Lease abstracting is a crucial process that ensures all pertinent information from a lease is distilled into a clear, concise format. This process can help property managers and lease administrators manage leases more efficiently, avoid costly mistakes, and make informed decisions. Before diving into this process, it’s essential to have certain tools and information at your disposal. Here are six must-haves for a successful lease abstracting process: