AnalysisMicrosoft Excel

CompStak + Lease Analysis

By Angel Campa, Founder · Updated March 2026 · Saves 2–3 hours per property for market analysis

The Problem

Comparing your in-place lease rents against CompStak market comp data requires first extracting your lease economics into a structured format. Without that baseline, asset managers cannot run a credible mark-to-market analysis or make informed hold/sell and renewal decisions.

Step-by-Step Workflow

  1. 1
    Export CompStak comps for the submarketSource

    Pull relevant lease comps from CompStak for the property's submarket, property type, and size range. Export to Excel.

  2. 2
    Upload in-place lease PDFs to LextractLextract

    Upload all executed in-place lease PDFs to Lextract to extract current rent, lease type, and term.

  3. 3
    Extract rent and concession dataLextract

    Lextract extracts base rent, free rent periods, TI allowance, and lease type — the same data points that CompStak normalizes in its comp database.

  4. 4
    Build mark-to-market analysis in ExcelDestination

    Combine Lextract-extracted in-place rents with CompStak comp data in a single Excel workbook. Calculate the spread between in-place and market rent for each tenant.

  5. 5
    Identify mark-to-market opportunityDestination

    Highlight tenants where in-place rent is significantly below market (mark-to-market opportunity) or above market (renewal risk). Use this to inform asset strategy.

Who Uses This Workflow

BrokersAsset ManagersPortfolio Managers

How Lextract integrates with Microsoft Excel

Learn about the full integration between Lextract and Microsoft Excel, including supported export formats and critical fields.

View Microsoft Excel integration →

Frequently Asked Questions

What rent metrics does Lextract extract for market comparison?

Lextract extracts base rent per square foot, effective rent (net of free rent), lease type (NNN vs. gross), TI allowance, and lease commencement date — all metrics used in CompStak comp analysis.

Can this workflow support a lease renewal negotiation?

Yes. Knowing your current in-place rent versus current market rates gives you a data-driven starting point for renewal negotiation or for deciding whether to invest in lease-up at market.

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Start the CompStak + Lease Analysis workflow

Upload your lease PDF and get 125+ structured fields ready to import into Microsoft Excel. Just $20 per lease — no subscription required.

Start Extracting — $20/lease