Commercial real estate · REIT
Tessera · CRE lease abstraction
8h → 90s
per lease abstraction
$400 → $1.20
per abstract · model cost
100%
values cited · page + bbox
<1%
missed-renewal risk
A real-estate fund manages 200 commercial leases. Before, an analyst spent up to a full workday reading one lease and copying terms into a spreadsheet. About 1 in 20 renewal deadlines slipped through. Tessera reads the lease in 90 seconds and pulls out every key term (rent, term, escalations, options). Each value links back to the exact page and paragraph in the original PDF, so you can verify it in one click. Every important date gets a calendar reminder 180 days in advance, so nothing is missed.
