Office property management, built for base-year economics
Office leases run on base years, expense stops, gross-up, and CPI escalations — the exact mechanics Plazee automates, on a real accounting platform that produces lender-ready statements.
Office buildings rarely run on pure triple-net. Most use full-service or modified-gross leases with base-year or expense-stop recoveries, gross-up provisions to handle vacancy, and CPI or fixed escalations. Those mechanics are fiddly in a spreadsheet and unsupported in residential-first tools. Plazee handles them natively and posts everything to a double-entry general ledger, so your recoveries and your financial statements are the same numbers.
What makes office different
Base-year & expense-stop math
Calculating each tenant’s share of expenses over a base year or stop, year after year, without spreadsheet drift.
Gross-up during vacancy
Adjusting variable expenses to a target occupancy so partially leased buildings recover fairly.
CPI escalations
Applying index-based rent increases accurately as CPI is published.
Multi-tenant pro-rata
Allocating recoveries across many suites on a floor with consistent, defensible shares.
How Plazee handles it
Base-year and expense-stop recoveries
Configure base-year operating expenses or a per-square-foot expense stop per lease, and Plazee calculates each tenant’s share of the increase above the threshold — with gross-up applied to variable expenses so vacancy does not distort the result.
- Per-lease base year or expense stop
- Gross-up of variable expenses to a target occupancy
- Pro-rata allocation by square footage, equal share, or custom percentage
Escalations on your terms
Apply fixed-dollar, fixed-percentage, or CPI-indexed escalations. Plazee tracks the CPI values and computes the new rent, so increases post on schedule without manual recalculation.
Lender-ready accounting
Office assets are often financed, and lenders want DSCR, LTV, and T-12 statements. Because Plazee runs on a full general ledger, those reports generate straight from your books.
Relevant capabilities
Frequently asked questions
Does Plazee handle base-year and expense-stop office leases?
Yes. You can set a base year or a per-square-foot expense stop per lease, and Plazee calculates each tenant’s share of expenses above the threshold, with gross-up applied to variable costs.
Can Plazee apply CPI escalations?
Yes. Plazee supports fixed, percentage, and CPI-indexed escalations, tracking CPI values and computing the resulting rent automatically.
Is Plazee suitable for multi-tenant office buildings?
Yes. Plazee allocates recoveries across multiple suites using pro-rata square footage, equal share, or custom per-lease percentages, all on a double-entry ledger.
Other property types
Retail
NNN recoveries plus percentage rent with natural/specified breakpoints and tenant sales reporting.
Industrial
Triple-net and absolute-net leases, long-term escalations, and multi-entity accounting for industrial portfolios.
Mixed-Use
Different lease structures per space (NNN, base-year, percentage rent) with multi-entity consolidation.
Built for your portfolio
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