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Teg Labs brings lease intelligence, property operations, reporting and AI-assisted workflows into one platform — so the answers already inside your leases are the ones your team acts on.

Sycamore Yards — Fernwood Coffee Co.
Page 4

Executed lease · 68 pages · uploaded 12 Mar

ARTICLE 2. TERM. The Term of this Lease shall commence on April 1, 2022 (the “Commencement Date”) and shall expire at 11:59 p.m. on March 31, 2027, unless sooner terminated or extended in accordance with the provisions hereof.

ARTICLE 4. RENT. Tenant shall pay to Landlord as Base Rent the sum of Six Thousand Two Hundred Dollars ($6,200.00) per month, payable in advance on the first day of each calendar month, subject to adjustment as set forth in Section 4.2.

4.2 Escalation. Commencing on the first anniversary of the Commencement Date and on each anniversary thereafter, Base Rent shall increase by three percent (3.0%) over the Base Rent payable in the immediately preceding Lease Year.

ARTICLE 21. OPTION TO RENEW. Provided Tenant is not then in default, Tenant shall have one (1) option to extend the Term for an additional period of five (5) years, exercisable by written notice delivered to Landlord not less than one hundred eighty (180) days prior to the expiration of the Term.

Extracted terms
Tenant
Fernwood Coffee Co.
Verifiedp.1 §1.1
Landlord
Sycamore Yards LLC
Verifiedp.1 §1.1
Premises
Suite 120 · 2,400 sq ft
Verifiedp.2 §1.3
Lease commencement
1 Apr 2022
Verifiedp.4 §2.1
Lease expiration
31 Mar 2027
Verifiedp.4 §2.1
Base rent
$6,200.00 / month
Verifiedp.6 §4.1
Rent escalation
3.0% annually
Extractedp.6 §4.2
Security deposit
$12,400.00
Verifiedp.7 §5.1
Renewal option
1 × 5 years · 180 days notice
Extractedp.41 §21
CAM
Pro rata 4.8% · capped 5% p.a.
Needs reviewp.11 §7.3
HVAC responsibility
Tenant maintains, landlord replaces
Needs reviewp.14 §9.2
Assignment
Landlord consent, not unreasonably withheld
Extractedp.28 §15.1

Built with operators managing 40,000+ units across the Southeast

  • Wren & Cobalt
  • Ridgeline Commercial
  • Meridian Property Group
  • Ashgrove Residential
  • Halstead Partners

Lease intelligence

From a signed PDF to something you can act on

A lease is not useful because it exists. It is useful when its terms are visible to the people making decisions.

  1. 1

    Upload

    Drop in leases, amendments and exhibits. Documents stay attached to the tenancy they belong to.

  2. 2

    Extract

    Your template decides what matters. Fields are pulled from the executed document with the source paragraph attached.

  3. 3

    Review

    Your team confirms what was extracted. Uncertain fields are flagged rather than quietly guessed.

  4. 4

    Search

    Ask across the portfolio in plain language, or filter on any field your template defines.

  5. 5

    Act

    Dates, obligations and rent changes sit in front of the people making decisions, instead of inside a PDF nobody reopens.

Portfolio knowledge

Every deadline the portfolio contains, in one list

The terms that decide money — expirations, option windows, notice periods, insurance dates — extracted from the documents and gathered into one view, each against the person responsible for it.

  • Pulled from the executed lease, not retyped into a calendar
  • Measured from the start of a notice window, not its expiry
  • Filterable by property, tenant, kind of deadline or owner
  • 12Aug
    Renewal option notice window closesOption notice

    Halstead Commons · Mercer & Boyd LLP · in 9 days

    D. Hollis
  • 1Sep
    Certificate of insurance expiresInsurance

    Ridgeline Industrial Park · Tidewater Logistics · in 29 days

    S. Ferrell
  • 30Sep
    Termination option notice deadlineNotice period

    Sycamore Yards · Ardent Design Studio · in 58 days

    D. Hollis
  • 1Oct
    CPI rent adjustment calculatesRent increase

    Sycamore Yards · Ardent Design Studio · in 59 days

    P. Boone
  • 31Dec
    Lease expiresExpiration

    Ridgeline Industrial Park · Kestrel Manufacturing · in 150 days

    M. Arriaga

Intelligent reporting

The report you need, not the one someone built in 2019

Predefined reports answer anticipated questions. Everything else becomes an export, a pivot table and an afternoon.

Compare rent growth across my Charlotte properties over the last 24 months.

Average base rent across your four Charlotte properties rose 11.4% over 24 months, ahead of the 8.1% submarket average. Sycamore Yards led at 16.2%, driven by three renewals repriced to market. Brightleaf Exchange lagged at 4.9% — two long-dated leases with 2% fixed escalations are holding it back.

Rent growth · Charlotte portfolio · 24 months

$/sq ft
Q1Q2Q3Q4Q1Q2Q3Q4
  • Sycamore Yards
  • Halstead Commons
  • Brightleaf Exchange
Property comparison for Rent growth · Charlotte portfolio · 24 months
PropertyMarketStartCurrentChange
Sycamore YardsCharlotte — South End$28.40$33.00+16.2%
Halstead CommonsCharlotte — Uptown$26.20$28.90+10.3%
Brightleaf ExchangeCharlotte — NoDa$24.80$26.00+4.9%
Kestrel RowCharlotte — Plaza Midwood$27.10$29.60+9.2%

Derived from executed leases and amendments. Figures exclude percentage rent and recoveries.

Ask next

  • Which tenants drove the increase at Sycamore Yards?
  • Show this by square foot instead.
  • What renews in the next two quarters?

Rent roll

Know about the increase before the invoice goes out

Lease-level schedules roll up to property and portfolio views, with scheduled escalations flagged ahead of their effective date.

Portfolio rent roll

42 properties · 318 leases · as at today
Annual base rent
$14.82M
Occupied area
1.24M sq ft
Increases next 90 days
11
Portfolio rent roll — lease-level detail
TenantPropertyUnitSq ftBase rent$/sq ftExpiresNext change
Mercer & Boyd LLPHalstead CommonsFloor 411,800$28,417$28.9031 Jul 20271 Jul · +$737
Tidewater LogisticsRidgeline IndustrialBuilding C42,000$36,750$10.5030 Jun 2027—
Ardent Design StudioSycamore YardsSuite 3105,100$13,600$32.0031 Dec 20261 Oct · CPI
Provision HealthHalstead CommonsSuite 1504,600$9,660$25.2028 Feb 20271 Sep · +$241
Fernwood Coffee Co.Sycamore YardsSuite 1202,400$6,200$31.0031 Mar 20271 Apr · +$186

Maintenance intelligence

Answer “who pays for this?” with the lease in hand

When a request arrives, the clause that governs it comes with it — along with the tenant, the property and what happened last time. Your team still makes the call.

WO-4821Urgent

Rooftop HVAC unit not cooling

Sycamore Yards · Suite 120 · Fernwood Coffee Co.

Today, 08:42

Unit running but blowing warm air since opening. Store temperature 79°F. Tenant reports the same symptom as the August call-out.

§9.2 Maintenance and Repair

Executed lease, page 14 · amended by First Amendment §3

Tenant shall, at its sole cost, maintain, service and repair all HVAC equipment exclusively serving the Premises. Landlord shall be responsible for the replacement of any such equipment that has reached the end of its useful life, the cost of which shall be amortised over the remaining Term.
Tenant
Routine servicing and repair of the unit serving Suite 120
Landlord
Replacement at end of useful life, amortised over the remaining term
Amended
Repairs over $5,000 in a single instance count as replacement

History on this unit

  • 14 AugCompressor serviced — Ridgeline Mechanical · $1,840 · billed to tenant
  • 3 MayAnnual service and filter replacement · $420 · billed to tenant
  • 19 NovCondenser fan motor replaced · $2,310 · billed to tenant

Teg Labs surfaces the lease language and the parties it names. It does not make a legal determination — your team decides.

Portfolio intelligence

From the portfolio down to the paragraph

The same structure whether you are answering to an owner or resolving one tenant’s question.

  1. Portfolio

    Every property you manage, in one position.

    Southeast Portfolio · 42 properties
  2. Property

    One asset, its tenancies and its operational history.

    Sycamore Yards · Charlotte, NC
  3. Tenant

    Who occupies the space, and everything they have signed.

    Fernwood Coffee Co. · Suite 120
  4. Lease

    The executed agreement, its amendments and its extracted terms.

    Executed 14 Mar 2022 · expires 31 Mar 2027
  5. Clause, obligation, rent schedule

    The specific language that answers the question you asked.

    §9.2 Maintenance and Repair

What changes when the lease data is available

less time on abstraction
90%less time on abstractionReview and confirm instead of reading and retyping.
terms extracted per lease
40+terms extracted per leaseStandard fields plus whatever your organisation tracks.
place the dates live
1place the dates liveExtracted from the document, with an owner against each.

From the field

Built with the people who run portfolios

“We used to keep a spreadsheet of lease expirations that one person maintained by hand. It was wrong more often than it was right. Now the dates come out of the leases themselves, so what we are looking at is what we actually signed.”
Dana HollisDirector of Asset Management, Wren & Cobalt Properties
“Finding every co-tenancy clause across the portfolio used to mean opening forty documents. Having those terms extracted into fields I can filter on changed how quickly we can answer an owner.”
Marcus ArriagaVP of Operations, Ridgeline Commercial
“Our quarterly reporting used to take a week of exporting and reconciling. It now takes an afternoon, and the numbers trace back to the lease they came from.”
Priya BooneController, Meridian Property Group

Questions

The things teams ask before they start

Extraction is designed to be reviewed, not trusted blindly. Every extracted field is shown next to the exact page and paragraph it came from, so a person can confirm it in seconds rather than reading the whole document.

Fields your team confirms are marked as verified. Fields the system is unsure about are flagged rather than quietly guessed, so you always know which numbers have had human eyes on them.

Your leases contain answers. Teg Labs helps you find them.

A 30-minute walkthrough using a lease from your own portfolio. No slide deck.