LeaseLogic announced the launch of a real estate operating system for commercial tenants, according to a press release. The platform is designed to connect site due diligence, construction exposure, business terms, and lease language into a single workflow to help deal teams evaluate locations before commitments become final.
The platform aims to help businesses identify risks such as unexpected construction costs, permitting issues, infrastructure gaps, operational restrictions, and expensive obligations that are often discovered too late to negotiate. Jeff Merriam, founder of LeaseLogic, stated that most businesses spend months negotiating a lease without realizing the biggest risks often have nothing to do with rent.
Unlike traditional lease review software, the platform evaluates site due diligence, construction exposure, business terms, and lease language as one connected decision starting before the letter of intent. It helps determine if a location can be permitted, delivered, built, opened, and successfully operated under negotiated terms.
LeaseLogic evaluates more than 100 rules and recommends negotiating strategies before legal review. The system is intended to give deal teams a structured starting point for brokers, attorneys, and construction professionals to focus on strategy and negotiation rather than replacing them.
The platform is currently being deployed with a select group of retail operators and franchisors evaluating live commercial real estate transactions. LeaseLogic is based in Salt Lake City and focuses on helping retail operators, franchise organizations, and multi-location businesses improve deal outcomes.