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P. Stevens Associates, Inc.

Lease Audits...Bottom Line Savings

Following are numerous case studies of audits completed by PSA.  Of particular note are the case studies related to base-year expenses.  The importance of performing a base-year audit can not be overemphasized as is illustrated by the savings generated for tenants as a result of these audits. 

Document Library

NameDescription
DocumentCase Study #1Base Year Audit Generates Enormous Savings For Tenant
DocumentCase Study #2Current Year Lease Audit Opens Door To Base-Year Expense Audit
DocumentCase Study #3Landlord Fails To Properly Calculate Base-Year Expenses
DocumentCase Study #4Base-Year Audit Reveals Incorrect Tenant Pro-rata Percentage
DocumentCase Study #5Multiple Owners In Tenant’s Base-Year Creates Understatement Of Expenses
DocumentCase Study #6Base-Year Audit Reveals Major Errors By Landlord
DocumentCase Study #7Base-Year Audit Reveals Landlord Knowingly Understated Electricity Expense
DocumentCase Study #8Lease Audit Creates Leverage For Tenant When Property Is Being Sold
DocumentCase Study #9Net-Lease Tenant Finds Value In The Word "Reasonable"
DocumentCase Study #10New Building Owner Changes Method Of Billing Tenant For Escalations
DocumentCase Study #11Audit Highlights Numerous Errors - Saves Tenant $1.1 Million
DocumentCase Study #12Tenant In Mixed Use Complex Substantially Overbilled by Landlord
DocumentCase Study #13Landlord Incorrectly Includes Capital Amortization In Operating Expenses
DocumentCase Study #14Audit Uncovers Numerous Owner Errors - Saves Tenant $2.2 Million