BDO United States

BDO United States

News and Resources

Savings are often found in most real estate operating expense escalation statements and utility bills.

BDO's Corporate Real Estate Lease Auditing Services practice is designed so that when it comes to commercial leases, you pay only your fair share.

Our Goal

Our goal is to help clients pay only what is called for in their leases—and no more. And we do so without straining your relationship with your landlord.

With the exception of payroll, most organizations spend significantly more dollars on their real estate costs than on any other recurring expenditure. As such, the need to review and assess the accuracy of these charges is essential to all corporate executives—both as a cost-cutting mechanism and as a management tool to assess the company's financial position. Our experience shows that savings are found in most real estate operating expense escalation statements and utility bills. For some of our clients, savings can amount to millions of dollars. But even smaller adjustments can make a big difference in bottom-line performance for most companies.

Act Now

Many leases allow only 30 days in which to examine a landlord's books after the tenant receives the annual escalation statement. Real estate departments often don't have the in-house resources to devote to this time-sensitive issue, but once the audit window is closed, it's closed forever.

For more information about BDO Corporate Real Estate Services or to receive a lease audit proposal, please contact:

Corporate Real Estate Services
135 W. 50th Street, 23rd fl.
New York, NY 10020
Fax: (212) 515-2593

David Tevlin
Phone: (212) 885-8457

Michael Pappas
Phone: (212) 885-8429