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True occupancy costs are sometime difficult to assess due to complex leases, billing procedures, and unexplained charges assessed by landlords and property owners. Even in a well-controlled environment, the complexity of commercial real estate can result in billing errors and excessive fees that can cost you considerable money.
A PRG-Schultz Occupancy Cost Audit keeps you from losing money on lease agreements. Our specialized real estate auditors review every lease for potential errors between terms and payment history. Clients benefit not only from immediate recoveries, but also through cost reductions and effective language recommendations for new leases, as well as 100% retention of future savings from settlement of claims.
An Occupancy Cost Audit provides optimal results from the following areas:
- Base Rent and Percentage Rent
- Common Area Maintenance (CAM)
- Insurance
- Landlord responsibility costs
- R/E Charges on closed locations
- Subtenant Billings
- Taxes and Property Taxes
Our Occupancy Cost Audit Group is staffed with real estate professionals dedicated solely to these types of audits. They average 25 years of experience in real estate accounting and have served over 400 clients. As a result, they know how to conduct your occupancy cost audit with the utmost sensitivity and without disrupting your daily operations.
Contact us to discuss how we can help you control and manage your occupancy costs.
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