The Andrell Group LLC ANDRELL LEASE AUDIT PROGRAM The commercial landlord is a master author of esoteric and complex escalation clauses contained in lease agreements. Andrell offers comprehensive, results oriented, lease review services to help sort through these complicated leases. A company’s leases are analyzed to determine if rent and escalation charges have been appropriately billed pursuant to the terms of the respective lease. This process often uncovers improperly billed lease charges, the correction of which can result in significant refunds to our clients and/or reduced charges going forward. The most common areas of review include escalations such as operating expenses, real estate taxes and porter’s wages as well as audits of electric charges (rent inclusion, submetering and survey) and CPI rent increases. Operating expense pass-throug analysis often requires an on-site visit to the landlord to "audit" its books and records. When an on-site audit is required, Andrell sends only experienced professionals to perform the audit and interact with your company’s landlord. But how do you know if your lease contains hidden savings? Each lease is different, and what may be an issue to one tenant may not exist for another, even within the same building. For this reason a review by an experienced lease audit professional is a prudent step to take for most leases. Andrell offers unsurpassed knowledge in determining whether a company’s lease contains hidden savings opportunities. At Andrell, we are highly adept at “managing” the resolution of a claim. Every case is different and has it subtleties and nuances that must be dealt with in an appropriate manner. Besides having a heavy concentration of our work in the New York Metropolitan Area (which gives us a depth of experience with the problems and issues unique to New York real estate but easily applied in smaller markets), our combined years of experience in lease auditing and our multi- disciplined background (legal, accounting, property management) has helped us achieve an excellent track record in recovering overcharges. Not only will our satisfied clients attest to both our professionalism and expertise in this field, but even landlords who have been audited by Andrell recognize the knowledge and integrity exhibited by our staff. To discuss your specific lease situation with a member of our professional staff, call today at (203) 254-8100 or e-mail us at: inquiry@andrellgroup.com