Industrial CRE Underwriting

Industrial CRE underwriting, done in minutes.

AcquiOS extracts lease terms, NNN expense structures, tenant improvement allowances, and renewal options from industrial broker packages, validates rent assumptions against market comps by submarket and building class, and populates your Excel template without manual re-keying.

Minutes
OM to underwriting model
Auto
Lease abstraction, all tenants
Verified
Market rent by submarket and class
The Problem

Industrial underwriting stalls on lease abstraction and market rent research.

Manual Traditional industrial underwriting
Lease abstraction done manually per tenant - WALT, escalations, TI allowances, renewal options extracted from PDFs by hand
Market rent validation requires separate research for each submarket, building size tier, and clear height class
Tenant credit assessment is informal - no systematic review of anchor tenant financial health against in-place rent
NNN expense structure and CAM provisions reviewed manually for each lease - inconsistent rigor across deals
Rollover risk analysis requires manually building lease expiration schedules from multiple tenant documents
IC memos require rebuilding lease summary tables from underwriting models - hours of manual formatting per deal
AcquiOS AI-powered industrial underwriting
All tenant leases abstracted automatically - WALT, escalations, TI allowances, options extracted with citation-level sourcing
Market rent assumptions validated against industrial comps by submarket, building tier, and clear height class automatically
Tenant credit flags surfaced automatically - anchor tenant financial health assessed against in-place rent coverage
NNN expense provisions extracted and categorized from every lease - CAM terms summarized for underwriting review
Lease expiration schedule built automatically from all tenant abstractions - rollover risk by year surfaced immediately
IC memo generated from underwriting output in your PowerPoint template with lease summary tables pre-formatted
How It Works

Industrial-specific underwriting from OM to model.

AcquiOS is configured for industrial lease structures and building characteristics - extracting the data that matters for warehouse, distribution, and flex industrial underwriting.

01
Automated Lease Abstraction
AcquiOS extracts key terms from every industrial tenant lease: base rent schedule, lease term and expiration, renewal options (count, notice period, rate basis), tenant improvement allowance, NNN expense structure, CAM provisions, and rent escalation clauses. All figures sourced with page-level citations.
02
Market Rent Validation
In-place and projected market rents validated against industrial comp data for the specific submarket, building size tier, and clear height class. Variance from market is flagged by tenant. New-lease market rent assumptions for vacant or expiring space benchmarked before they reach IC.
03
Rollover Risk Analysis
Lease expiration schedule built automatically from all tenant abstractions. Near-term rollover concentration flagged with in-place vs. market rent spread for each expiring tenant. Re-leasing assumptions stress-tested against submarket vacancy and absorption trends.
04
Tenant Credit Assessment
For single-tenant and anchor-tenant industrial acquisitions, AcquiOS surfaces tenant financial health indicators and benchmarks in-place rent coverage. Long-term lease credit risk flagged against public company financials where available.
05
Excel Template Population
All extracted and validated data populates your existing industrial underwriting Excel template. Lease-by-tenant tab, rent roll, NOI schedule, rollover assumptions, and returns summary filled automatically. Your formulas and structure stay intact.
06
IC Memo Generation
Investment committee memos generated from underwriting output in your PowerPoint template. Tenant lease summary, market rent comp table, rollover risk chart, and return summary formatted and ready for IC review without manual slide-building.
Who It Serves

Built for industrial acquisition teams at every level.

Acquisitions Analyst
No more manual lease abstraction from industrial PDFs
All tenant leases abstracted automatically with full citation sourcing
Market rent comps pulled automatically by submarket and building class
Prior industrial comp data searchable across your full deal history
Acquisitions Director
Consistent underwriting standards on every industrial deal
Every lease reviewed with the same depth regardless of deal size
Market rent assumptions validated before reaching IC - fewer credibility gaps
Industrial deal pipeline visible in real time across the full team
Managing Partner / GP
Scale industrial deal volume without adding headcount
More industrial deals underwritten per analyst with the same rigor
Buy box enforcement across geography, building class, and return targets
Industrial market knowledge compounds over time instead of leaving with analysts
Asset Manager
Acquisition assumptions documented for post-close tracking
Every lease term and underwriting assumption stored with full source citations
Actual vs. underwritten rent and occupancy trackable at any time
Full IC memo and deal rationale searchable years after close
Minutes
Industrial OM to underwriting model
Auto
Lease abstraction across all tenants
Verified
Market rent by submarket and class
100%
Of deals logged with full context
FAQ

Industrial CRE underwriting software: common questions.

What is the best software for industrial CRE underwriting?
The best industrial CRE underwriting software automates lease abstraction for NNN and gross leases, validates market rent assumptions against industrial comp data by submarket and building class, and populates your underwriting model without manual re-keying. AcquiOS is configured for industrial lease structures and handles single-tenant net-leased industrial as well as multi-tenant flex properties.
How does AcquiOS handle NNN industrial leases?
AcquiOS extracts NNN expense provisions from industrial leases including which expense categories are tenants' responsibility (taxes, insurance, CAM), CAM cap structure, and exclusions. Base rent, expense reimbursement assumptions, and effective rent are all surfaced separately so your underwriting model can correctly model landlord vs. tenant expense split.
Can AcquiOS validate industrial market rent assumptions?
Yes. AcquiOS validates in-place and projected market rent assumptions against industrial comp data for the specific submarket, building size tier, and clear height class. Variance from market is flagged by tenant, and the comp data used for validation is surfaced with full citations.
How does AcquiOS handle rollover risk for multi-tenant industrial?
AcquiOS builds a lease expiration schedule automatically from all tenant abstractions, showing near-term rollover concentration and in-place vs. market rent spread for each expiring tenant. Re-leasing assumptions can be stress-tested against submarket vacancy and absorption data before the deal reaches IC.
What industrial property types does AcquiOS support?
AcquiOS supports bulk distribution, fulfillment center, light industrial, flex industrial, cold storage, last-mile distribution, and manufacturing. Building-specific characteristics relevant to underwriting - clear height, dock count, trailer parking, power capacity - are extracted from broker OMs and flagged in the model.
Does AcquiOS work with my existing industrial underwriting Excel template?
Yes. Template preservation is a core design principle. AcquiOS populates your existing Excel model - lease-by-tenant tab, rent roll, NOI schedule, rollover schedule, and returns summary - without reformatting your structure or overwriting your formulas. The output lands in your template, not a generic AcquiOS format.
Send us an industrial deal you've already underwritten.

We'll show you AcquiOS output in your template so you can compare side by side before committing to anything.

Related Reading
AcquiOS for CRE AI Underwriting Validate Assumptions Rental Rate Verification AcquiOS vs ARGUS CRE Deal Sourcing Software Mixed-Use CRE Acquisitions Software