How is 5-year net effective rent calculated?
Total contracted rent over the first 5 years of the lease term, minus free rent periods, TI amortization, and leasing commissions. We use the same NER methodology as major brokerage firms.
Does it replace my leasing broker?
It can supplement or replace, depending on your needs. The AI handles prospect sourcing, inquiry response, and pipeline management. Many clients use AI for smaller spaces and brokers for anchor tenants.
What property types are supported?
Office, retail, industrial, multifamily, and mixed-use. The AI adapts its sourcing strategy and communication style to each property type and tenant profile.
Can I set minimum lease terms or tenant criteria?
Yes. Define minimum lease terms, credit requirements, use restrictions, and any other criteria. The AI pre-screens tenants and only surfaces qualified prospects.
What happens with renewals?
Renewal negotiations are included at no additional fee. The AI tracks lease expirations, initiates renewal discussions, and manages the process through execution.