Lease Review for Multi-Site Operators
Lease risk does not live in one clause — it is spread across CAM, TI, surrender, repair, notice, and default provisions that interact in ways most operators do not see until it is too late. Carveouts inside carveouts. I review leases from the operator’s side and translate obligations into actionable checklists your teams can follow.
The lease clauses that create operational exposure
CAM & Operating Expenses
Reconciliation language that creates annual surprises. Caps, exclusions, and audit rights that are missing or unenforceable.
TI & Landlord Work
Allowance structures and delivery conditions that leave the operator holding construction risk.
Surrender & Repair
End-of-term requirements that are vague enough to generate disputes and expensive enough to matter at portfolio scale.
Notice & Default
Cure periods, notice addresses, and default triggers that can accelerate liability if missed.
Renewal & Termination
Option exercise windows, holdover penalties, and early termination exposure that require proactive tracking.
Assignment & Subletting
Transfer restrictions that affect future flexibility for portfolio optimization.
What I deliver
LOI and lease review — new locations and renewals
CAM, TI, and operating expense negotiation
Surrender, repair, and end-of-term exposure analysis
Notice and default provision review
Lease obligation checklists for field and real estate teams
End-of-term and surplus property strategy support
Why this matters at scale
Managing lease risk across 20, 50, or 500 locations is fundamentally different from managing a single lease. Small oversights compound. A surrender clause that costs $15,000 at one location costs $1.5M across a hundred. I bring the portfolio-level perspective that catches these exposures before they become line items.
Managing lease exposure across multiple locations?
Portfolio Lease Review Program
For operators with 25+ sites, I offer a productized portfolio lease review: an attorney-led, AI-accelerated review of every lease in the portfolio, plus a portfolio-wide repair & maintenance responsibility tracker that drops into your CMMS dispatch matrix. Flat per-location engagement, quoted by written proposal.