Why shouldn't I advertise vacant space on public commercial portals?
Public portal listings leave an indelible digital trail. When a space lingers with 180+ Days on Market, prospective tenants assume the space is defective or that the landlord is in distress, anchoring lease offers downward. Furthermore, public listings alert existing building tenants that aggressive concession packages are being offered, compromising upcoming lease renewal negotiations. PlumDeals lets you find tenants privately at full market rates.
How does PlumDeals calculate Net Effective Rent (NER)?
PlumDeals uses discounted cash flow modeling across the lease term. Our pro forma takes headline asking rent and models the present value impact of free rent abatement months, tenant improvement (TI) allowances, and leasing commissions over time. This gives landlords their true annualized yield and gives tenants an accurate understanding of their real effective rental rate.
Can tenant representation brokers use PlumDeals for their clients?
Yes. Commercial tenant-rep brokers use PlumDeals to quietly uncover off-market space before corporate moves are leaked to competitors. Client identities remain 100% confidential behind our identity escrow until mutual terms are confirmed.