Reis, Inc. Publishes Detailed Lease Terms and Effective Rents for Office Properties
REIS (REIS)
Last reis earnings: 8/9 04:10 pm
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US:NASDAQ Investor Relations:
investor.reis.com/investor-relations
Company Research
Source: GlobeNewswire
NEW YORK, July 23, 2018 (GLOBE NEWSWIRE) -- Reis, Inc. (NASDAQ:REIS) (“Reis” or the “Company”), a leading provider of commercial real estate market information and analytical tools, now itemizes the components of landlord concession packages to display effective rents paid by tenants, and further itemizes additional operational and leasing costs to present expected net cash flows collected by landlords. Based on data that Reis analysts have harvested directly from brokers, owners, and managers for decades, this innovation is consistent with the Company’s strategic initiative to broaden its client base beyond the nation’s major financial institutions to include tens of thousands of commercial real estate brokerages, significantly expanding Reis’s addressable market. “For years, Reis has gathered property level details about tenant improvement allowances, free rent periods, leasing commissions, operating expenses, real estate taxes, and – crucially – the discount between listing or
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