As the world of commercial lease management continues to go through unprecedented changes, retail and office tenants have quickly reevaluated their traditional lease management strategies with an eye to minimize costs and staff. For many, this meant finding ways to “do more with less” by turning to BPO outsourcing companies like Eximius BPO.
Many tenants have approached their landlords in an effort to reduce financial impacts from mandated store closures and operating restrictions. These negotiations were a necessary evil for a majority of the industry, while tenant problems were churning with decreased foot traffic, cuts in store sizing, and rising occupancy costs.
Tenants reduced head counts through corporate downsizing, while also realizing the most successful negotiation programs require considerable analysis involving a careful store-by-store analysis.
To manage this highly time-consuming challenge, many tenants turned to BPO outsourcing companies like Eximius BPO. Enlisting a scalable staff of lease administration specialists enhances the chances of success at an affordable investment.
Eximius BPO lease administration teams take into account a multitude of data collection factors including lease term aging, relative individual store performance, and specific site/market-based factors, among others.
BPO outsourcing companies and their expert efforts in advance of negotiations allow the tenant to understand what options are available. At the same time, Eximius BPO experts help tenants understand the imperative details regarding the real threat of closure or relocation, or potential co-tenancy or occupancy violations that could be triggered in centers with increasing vacancy.
Contact us to learn how a trusted BPO outsourcing company such as Eximius BPO can provide critical lease administration support needed to make your case.