Deckard

Commercial real estate

Know what each space is waiting on

Lease dates, tenant requests and make-ready work moved out of email and into one system.

Lease deskOverviewLeases

Portfolio overview

Rent roll synced 06:00

Active leases

128

across 9 properties

Expiring in 90 days

14

6 in renewal review

Make-ready or TI

7

2 waiting on a permit

Open work orders

37

4 past target date

Spaces returned to market5
Last 8 quarters
Lease eventsOverdue and next 30 days
Renewal notice due
Midtown tower · suite 410
Tomorrow
Option deadline
Eastgate retail · suite 107
3 days
Estoppel return to the lender
Riverside flex · bay 2
Overdue

One view of leases, turnover and spend

Every figure traces back to the lease or invoice it came from.

  • Vacancies from the rent rollEach space marked vacant at lease end and available on its lease-ready date.
  • Spend per spaceMake-ready cost per suite or bay returned, and per rentable square foot.
  • Capital spendingEach project followed from purchase order to invoice, against the owner’s budget.
Turnover and spend by quarterLast 6 quarters
Spaces returned to market
Make-ready spend

Spaces returned, Q3

5

Make-ready spend, Q3

$184k

Per rentable sq ft, Q3

$9.20

Find the hold-up behind each vacancy

Vacancy compared by property and traced to its cause, to get spaces earning rent sooner.

  • Weeks per stepEach vacancy split into demolition, trade work and inspection, dated from its work orders.
  • Vendor lead timeOrder to delivery by supplier and trade, so a slow part shows early.
  • Tenant build-outsTenant improvements followed week by week against the date rent starts.
Weeks to lease-ready6 of 9 properties
Riverside flex14
Eastgate retail9
Harborview mixed use8
Lakeside office7
Midtown tower6
Northgate industrial5
What holds Riverside flex at 14 weeksTrace the work

Most of the wait is a rooftop unit on order before inspection.

Demolition 2 wkRooftop unit 9 wkInspection 3 wk

Three tools for a property team

Read from the rent roll, the lease and the work order.

Median weeks to lease-readyLast 12 months

8

Lease end to lease-ready and listed, in weeks. It was 10 a year ago. Spaces held for capital work are left out.

Your property system, connected

A lease edited in the property system shows up everywhere else within the hour.

YardiProperty management
MRILease administration
AppFolioProperty management
VTSLeasing pipeline
ProcoreCapital projects
Building EnginesWork orders
ExcelOwner packages
ARGUS EnterpriseValuations
QuickBooks
QuickBooksEntity bookkeeping
Dropbox
DropboxPlans and photos

Start with your slowest property to re-lease

One property is enough to plan it, priced before we start.