CRESSblue Analysis
What is CRESSblue?
CRESSblue is a specialized software platform for commercial net lease property management. It automates cost recovery and additional rent calculations with 100% accuracy, eliminating manual errors. The system integrates property, lease, and asset management to provide full audit trails and reduce administrative workload.
Location
Cambridge, Canada
Employees
1-10
Founded
2017
Product Features & Capabilities
- Automated cost recovery calculations with 100% accuracy
- Additional rent and depreciation calculations
- Integrated property, lease, and asset management
- Annual budget and reconciliation automation
- Dynamic dating and historical area audits
- Sub-tenant and insurance implications tracking
- Complete audit trail for all transactions
Use Cases
Automate cost recovery calculations for multi-tenant net leases; Calculate additional rent and depreciation for annual budgets; Reconcile common area and cap ex recoveries; Track sub-tenant implications and group insurance; Perform annual audits with full audit trail; Manage lease compliance and tenant audits; Reduce administrative staff hours by up to 50%
Other Considerations
100% improvement in calculation accuracy; $0.14/sq.ft. average increase in recoveries; 0 slippage in common area and cap ex recoveries; 3-month money-back guarantee; Free database setup for qualifying companies; Designed exclusively for commercial net lease properties; No reliance on spreadsheets, calculators, or sticky notes; Integrated workflow for real-world property management exceptions
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