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Transact
Due diligence in hours,not weeks.
Read the entire data room, abstract every lease, and answer any question before competitors finish organizing.
The Mess
189 documents. 62 amendments. Faded scans. 72 hours until competing bids.
Marcus Chen · Eastdil Secured
to me · Friday 5:23 PM
Riverside Retail Center - Data Room
Shared by M. Chen · 189 items
Rent Roll 10.31.24.xlsx
Rent Roll (OLD).xlsx
T-12 Operating Statement.pdf
CAM Reconciliation 2023.pdf
Site Plan.pdf
ALTA Survey 2019.pdf
Phase I ESA.pdf
Prelim Title Report.pdf
Tax Bills 2022-2024.pdf
Utility Bills (12 mo).pdf
Tenant Sales (CONFIDENTIAL).pdf
CapEx Schedule.xlsx
Pro Forma (Seller).xlsx
Lease Abstract - WF DRAFT.docx
IMG_2847.jpg
IMG_2848.jpg
Roof Inspection Report.pdf
HVAC Service Records.pdf
+71 more
The Drop
Drop the entire folder. Prismera reads every page, extracts every term. Set your benchmark criteria and instantly see which tenants meet your standards.
| Tenant | Suite | SF | Rent | Co-Ten | Brkpt | Term |
|---|---|---|---|---|---|---|
| Whole Foods | 100 | 42,500 | $28.50 | Yes | $850K | 8.5 |
| Chase Bank | 105 | 3,200 | $32.00 | — | — | 4.2 |
| Starbucks | 104 | 2,100 | $45.00 | — | $120K | 6.8 |
| Great Clips | 108 | 1,400 | $38.00 | — | — | 1.5 |
| Subway | 110 | 1,800 | $42.00 | — | $95K | 5.1 |
| Verizon | 112 | 2,400 | $52.00 | — | — | 3.8 |
| UPS Store | 114 | 1,600 | $36.00 | — | — | 7.2 |
| Sport Clips | 116 | 1,200 | $40.00 | — | — | 2.8 |
| T-Mobile | 118 | 1,800 | $44.00 | — | — | 5.5 |
| Chipotle | 120 | 2,200 | $39.00 | — | $180K | 6.1 |
| Tenant | Whole Foods Market, Inc. |
| Guarantor | Amazon.com, Inc. |
| Premises | Suite 100 · 42,500 SF |
| Lease Type | NNN |
| Term | Jun 2018 — May 2033 |
| Base Rent | $28.50 PSF ($100,938/mo) |
| Escalation | 3% annually |
| Options | 2 × 5yr @ 95% FMV |
| Co-tenancy | Present — 70% occupancy trigger |
| Breakpoint | $850K annual |
The Answer
Plain English questions. Instant answers. Every claim traced to the exact page.
Does the rent roll match what's in the leases?
Mostly. Found 2 discrepancies:
Any termination or kick-out rights I should know about?
Yes. Three tenants have conditional termination rights:
Whole Foods — can terminate if co-tenancy falls below 70% for 18+ months (§9.4)
Chase Bank — kick-out if deposits below $2M/quarter for 4 consecutive quarters (Amendment 2)
Great Clips — early termination option Jan 2026 with 6-month notice + 3 months rent penalty
Walk me through the co-tenancy clause
Section 9.4 of the Whole Foods lease:
Current occupancy is 94%. You'd need to lose ~12,000 SF to trigger this. The only tenant with upcoming lease expiration is Suite 107 (Sep 2025, 1,800 SF) — not enough on its own.
The Close
While competitors organize their data room, you're at the closing table.
Amount
$48,500,000.00
Reference
RSP-2024-1847
Beneficiary
First American Title
Date
Nov 14, 2024 · 2:34 PM EST
Property
Riverside Retail Center
4521 Riverside Dr, Austin TX 78704
Timeline
DD package received
89 documents uploaded to Prismera
All abstracts generated
Initial diligence complete
Rent roll validated, co-tenancy risk identified, SF discrepancies flagged
IC memo drafted
LOI submitted
4 days before deadline
Closed
2.5 hrs
Initial DD
-90%
Legal fees
4
Groups beaten