CW-Nelson-Mullins-RFP-Response

PORTFOLIO MANAGEMENT/ LEASE ADMINISTRATION

1. Please provide an overview of the system you will utilize for lease administration. And what additional capabilities are available in the same system. C&W has been providing Portfolio & Lease Administration services to a wide range of national and global organizations and law firms since 1994, managing 1.4 billion square feet of real estate currently and abstracting 10,000 leases per year in over 60 languages. C&W’s recommended Lease Administration tool, CoStar REM, is the best in the industry and completely customizable to NMRS’ needs over time. Our programs enable clients to control leasehold expenditures through aggressive management of critical dates and options, invoice expense reviews, and lease audits. We add value by transforming data into meaningful management information to support improved decision-making and strategic planning. CoStar REM’s comprehensive lease administration module contains advanced lease management financial functionality that enables integration with virtually any ERP, Accounting, Point of Sale System (Retailers), or Facility Management System.

TECHNOLOGY RECOMMENDATION Following an extensive evaluation of lease administration systems on the market, our Technology Solutions team selected CoStar Real Estate Manager (CoStar) as C&W’s preferred solution. Currently, we have about 90 Portfolio Administration clients on CoStar. While our team is skilled in 28 different lease administration systems, we often recommend CoStar because of its ease of use, 24/7 secure access through the internet, advanced analytics, and powerful reporting capabilities. CoStar is also configurable (forms, reports, dashboards, etc.) and can be linked with financial administration software. CoStar is a third- party system, representing a long-term investment in the NMRS integrated real estate platform, regardless of the service provider. Between our Technology Solutions experts and our extensively trained Portfolio Administration team, we have NMRS covered in your first years using the system. COSTAR REAL ESTATE MANAGER REM OVERVIEW The CoStar system is a cost-effective, full-function portfolio management system that tracks owned and leased properties of any type. The building record serves as the top-level record

• Portfolio Lease Administration • Transaction Management • Project Management

to which users can attach as many premises, leases, or contracts as needed to accurately reflect your property. The comprehensive lease administration module contains advanced lease management financial functionality that enables integration with virtually any ERP, accounting, or facility management system. When combined with CoStar’s integrated Project Management module, NMRS can achieve a fully integrated workplace management system.

• Lease Accounting • Strategy Module

We offer a comprehensive approach to Portfolio Administration services, providing consulting, transition, ongoing management, and lease audit services tailored to a law firm’s specific needs. In addition, because we recognize that the effective and efficient management of a real estate portfolio is nearly impossible without the right technology and data, we have integrated best-in-class processes and advanced technology solutions to provide scalable platforms to meet the needs of our smallest and largest clients in a cost-effective manner. Overall, our combined perspective has distinguished our firm as a global leader in real estate Portfolio Administration and process improvements.

Legal Sector Advisory Group | ADVISING FOR EXCELLENCE 23

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