Well-known Publishing Company Cresa

Client

Publishing Giant Company

Superficie

sq. ft.

Industrie

Secteur industriel

Emplacements

Greater Toronto Area

Services Fournis

Administration des baux

Équipe Cresa

Maria Nenciu

Cresa Office

Toronto

Client Objectives

Cresa Toronto was asked by a well-known publishing company to review their main office’s financial obligations to ensure property taxes and operating expenses were properly charged.

Results

Cresa Toronto’s review uncovered multiple significant errors such as:
- duplicate administration fees
- recovery of hazardous material expenses
- recoveries of building exterior renovation, and more

When brought to the landlord’s attention, they immediately acknowledged the errors.
Cresa Toronto’s client was provided with a $96,000 credit.