Industrial
Industrial property management software for NNN leases.
Tax, insurance, and CAM recovery for single- and multi-tenant buildings, CPI escalations with floors and caps, and maintenance duties tracked on the lease.
14-day free trial · No credit card
NNN recovery, single or multi-tenant
A single-tenant warehouse is one lease at a 100% share. A multi-tenant flex building splits each pool by rentable area. Either way, estimates net out at year end.
- Separate pools for CAM, taxes, and insurance
- Monthly estimates billed, then reconciled to actuals
- Credit memos issued for overpaid estimates
CPI escalations with floors and caps
Index escalations read the CPI values you record for the lease’s series, then apply its floor and cap. Fixed steps and CPI can share one schedule.
Roof, structure, and HVAC duties
Record maintenance obligations on the lease with a responsible party, a frequency, and a due date. Certificate of insurance expirations trigger reminders too.
Questions
Does Vespy pull CPI values automatically?
No. Your team records index values per period, such as CPI-U, and escalations use them. There is no automatic BLS feed today.
Can I track which party maintains the roof?
Yes. A lease obligation records the duty, the responsible party, its frequency, and a due date, with a status your team updates.
Is a single-tenant building worth reconciling in software?
Yes, if the lease recovers taxes and insurance. The math is simple, but the retained trace is what you hand the tenant if they question a bill.
Stop reconciling in a spreadsheet.
Set up a recovery pool, abstract a lease, and run a reconciliation on the free trial.
14-day free trial · No credit card