National Lease Advisors, a leading provider of lease administration services, proudly announces surpassing the significant milestone of $1 million in savings for its clients during the year 2023.
At NLA, we do not think the pandemic is an excuse to lose control of expenses. Property managers owe it to their tenants to control the year-over-year costs.
With many companies in cost-savings mode and fighting to get through this COVID-19 recession, there has never been a better time to review and validate operating expense charges for accuracy and ensure they comply with the lease. The process is simple, the savings can be significant, and tenants have nothing to lose by practicing this exercise.
With 2021 around the corner, commercial property owners have begun sending tenants updated operating expense charges for the new year (“CAM charges”). What many tenants are finding very surprising is that in a time when they need to cut back on expenses...