Saving Costs with Lease Audits and Management Controls

If your CAM charges and building operating expenses are running too high, if you can't tell from the lease what you should be charged for or charging, if you’re not even sure how your lease costs are to be calculated or kept under control, this is the show to listen to. Our featured guests for this show are DAVID RODGERS, Director of Lease Audit for the Brown Shoe Co. and PAUL KINNEY, Executive Director of the National Retail Tenants Association (NRTA). David has over 20 years of lease audit experience. Currently, he is the Director of Lease Audit for Brown Shoe Co. in St. Louis, MO where he has worked for the past 10 years. His responsibilities include the lease audit and payment functions for the company’s 1,300 retail locations operating under the banners of Naturalizer, Via Spiga, Brown Shoe Closet, Franco Sarto, Famous Footwear and Factory Brand Shoes. In addition to the retail sites, he also manages occupancy costs for the various corporate properties located throughout the United States. Each year, David and his staff recover an average of $3.5M dollars in landlord overcharges. Paul is responsible for the day-to-day management of the NRTA. He is a co-founder of the NRTA and has served as President, and co-chair of the 2004/05 Conference Curriculum Committee. Prior to his role of Executive Director, he was employed by Friendly Ice Cream Corporation as Director of Estate Services Service with more than twenty years’ experience in real estate lease administration.