Anyone use Tenant CRE Disclosures in 10-K's?(besides tenant rep)
Based on discussions with tenant rep brokers, they often prospect or prepare for client pitches by looking at 10-K data. My company has built software that makes it really easy to go through a ton of this data for multiple years for thousands of companies, and our main customers are tenant rep, but we were wondering if that is really the only role it might help - **does anyone else use this data?**

To see an example of what this even is, [you can visit this post here](https://www.prorudolph.com/p/s/Ten%20K%20Item%20Two%20Search#Gallery), to see these disclosures for 6 companies over time.
[{"id": "dx5wcav", "text": "Do you aggregate lease information? Like rents, services, term, escalations etc? I've found a bunch of tenants post their lease agreements online but pouring over them is quite time-consuming. ", "replies": [{"id": "dx5zyun", "text": "Not via 10-K disclosures, but through CMBS yes. In a highly structured way, we aggregate lease info for buildings with CMBS debt based on tenant name, size, and expiration for up to the 5 largest tenants in a buildings. You can search by all of these things, and many other attributes. For example, you can do a search for Amazon leases in office buildings greater than 35,000 SF expiring 2-4 years from now.\n\nFor many buildings we make it easy to find much more detailed information like rents, term, escalations, and other info, but it is not uniform. Sometimes the tables disclosing retail rents also give things like Sales/SF. We found a WeWork lease that disclosed it's percentage rent for many years, such that we could back into WeWork's sales at that location. But beyond the tenant name, lease size, and expiration, nothing is guaranteed.\n\n[Here is an example of the kind of data we help brokers get to from the recent financing of Twelve Oaks Mall in Michigan](https://imgur.com/9LuISG8).\n", "replies": [], "depth": 2}], "depth": 1}, {"id": "dx62ewr", "text": "This is great research and I can certainly see value in it for tenant rep brokers. It could be valuable for developers too. I do investment sales and I\u2019m not sure if there\u2019s a use for my needs. Thanks for posting. ", "replies": [], "depth": 1}]