Skip to main content

Default Custom Fields

Download Guide

After master data is created, Custom Fields must be associated with the data. Custom Fields define different requirements, activities, or transactions that can be associated with the data. Custom Fields are organized into Groups you create. Real Estate Manager provides a default set of Custom Fields that you can select or you can create new Custom Fields. The table below lists the default Custom Fields that may be available.

Custom Field Type

Custom Field

Description

Aggregate

A combination of multiple data points.

Contact

Assignment/ Sublet Project Manager

Name of a person or company.

Contact

Assignment/ Sublet Primary Contact

Name of a person or company for assigned or sublet lease.

Currency

Tax Base Amount

Base amount for Tax purposes.

Currency

OPEX/CAMS Base Amount

Operating Expenses (OPEX) or Common Area Maintenance (CAMS) expenses base amount.

Date

Date Assignment/Sublet Requested

Date an assignment or sublet was requested for the asset.

Date

Lease Last Update Date

Date the lease was last updated.

Date

Indexed Adjustment Date

Date any lease adjustment rates based on an index were made.

Date

Index Base Date

Date the index used to calculate adjustments was last updated.

Date

Return Date

Date asset is to be vacated.

Decimal

Percentage of area unoccupied by tenant

Percent of leased area not currently occupied.

Decimal

Pro Rata Share %-Bldg

Proportionate share, the ratio of the tenant’s rentable square footage compared to the entire rentable square footage.

Decimal

Pro Rata Share %-Site

Proportionate share, the ratio of the tenant’s rentable square footage compared to the entire rentable square footage of a piece of property, such as land or an entire site or group of buildings.

Decimal

Gross-up %

Refers to how a landlord calculates a tenant’s pro-rata share of operating expenses when the building is not full. The landlord begins with the actual operating expenses, imputes the operating expenses that would be incurred if the building were fully occupied to determine the “grossed up” expenses, and then multiplies that “grossed up” total by the tenant’s pro-rata share to determine the amount of operating costs that the tenant will pay.

Decimal

Current Index

Currently applied interest rate that is based on a specific benchmark, such as the prime rate, with rate changes based on the movement of the benchmark.

Decimal

Previous Index

Previously used interest rate that was based on a specific benchmark, such as the prime rate, with rate changes based on the movement of the benchmark.

Decimal

Base Index

Interest rate of the benchmark effective at commencement.

Decimal

Holdover Rate

Excess amount (usually expressed as a percentage) of the rental rate to be paid when a tenant remains in possession of the leased asset after the expiration of the lease term.

Lookup

Zoning

Municipal or local laws or regulations that dictate how real property can and cannot be used in certain geographic areas.

Lookup

Exposure (N/E/S/W)

Direction the front of a building faces.

Lookup

RE Strategy

This is the process of aligning an organization's workplaces to support its business goals, while optimizing real estate performance.

Lookup

Index Type

The type of index, such as prime rate, upon which rate changes are based.

Lookup

Lease Abstracted By

Name of person who extracted the lease information.

Lookup

Lease Reviewed/Approved By

Person who reviewed or approved a lease.

Lookup

HR Site ID

Unique identifier for a Human Resources system.

Lookup

RE Status

Status of property from the Corporate Real Estate department.

Number

Floors in Building

Number of floors within the building.

Number

Floors Occupied

Number of floors in use.

Number

Year Built

Year property was constructed.

Number

Tax Base Year

Year upon which the tax assessment is based.

Number

OPEX/CAMS Base Year

Year upon which the Operating Expenses (OPEX) or Common Area Maintenance Service (CAMS) fees are based.

Number

Last Year Audited

Year of most recent audit.

Number

FTE Headcount

Number of full-time employees.

Number

FTE Capacity

Number of full-time employees for which space is available.

Text

Primary use

Describes how the property is primarily employed.

Text

Construction Type

Identifier for the type of materials used or method of construction for property.

Text

Assignment/Sublet Lease Reference

Identifier for the agreement that assigns or sublets a property.

Text

Assignment/Sublet Status

State of an assignment or sublet of a property.

Text

RE Comments

Information about a property.

Text

Indexed Adjustment Comments

Information about changes to costs or fees based on an index rate.

Text

Lease Reference

Identifier for a rental agreement.

Text

Property tax comments

Information about taxes assessed.

Text

OPEX/CAMS comments

Information about Operating Expenses (OPEX) or Common Area Maintenance Service (CAMS) costs.

Text

Audit Restriction Comments

Information about any limitations on an audit.

Text

Deadline to dispute/audit/settle

Date before which a contested issue must be identified to all parties, investigated, or settled.

Text

Interest Bearing Comments

Information about costs or fees that may be subject to interest.

Text

Holdover Rate Comments

Information about the rate used to adjust the rental and potentially other costs when a leased space is not vacated at the end of the lease term.

Text

Method of Notice Comments

Information about notifications that pertain to the method of delivery.

YesNo

Marketing for Sublease (Y/N)

Indicates whether the Asset is being marketed as available for sublease.

YesNo

Occupied (Y/N)

Indicates whether the property is currently occupied.

YesNo

Multi-Tenant (Y/N)

Indicates whether the property is used by more than one lessee. Yes means there are multiple tenants and No indicates that it is a single tenant property.

YesNo

Fire Sprinklers (Y/N)

Indicates whether fire sprinklers are installed.

YesNo

Fire Alarm (Y/N)

Indicates whether fire alarms are installed.

YesNo

Security Alarm (Y/N)

Indicates whether a security alarm is installed.

YesNo

Security Guards (Y/N)

Indicates whether security guards are used.

YesNo

Permission Required (Y/N)

Indicates whether permission is required from Landlord for an unspecified action.

YesNo

Request Made (Y/N)

Indicates whether a request has been made to Landlord for unspecified action.

YesNo

Request for Assignment/Sublet Made (Y/N)

Indicates whether a request for assignment or sublease has been made to the Landlord.

YesNo

Lease Fully Abstracted (Y/N)

Indicates whether the lease agreement has been fully recorded in system.

YesNo

Gross-up (Y/N)

Indicates whether the OPEX/CAMS costs recorded are grossed up.

YesNo

Restrictions on who can perform audit? (Y/N)

Indicates whether there are any limitations on who can perform an audit.

YesNo

Interest Bearing? (Y/N)

Indicates whether the agreement includes interest.

YesNo

Permission Required for Assignment/Sublet (Y/N)

Indicates whether permission to assign or sublet is needed from the Landlord, per the lease agreement.

Measurement

Measurement Field Test

Indicates the method of measurement used to assess the size of the property.

Measurement

Area available for Sublease

Total square area available for sublease.

Measurement

Building Area

Total square area of building.

Measurement

Land Area

Total square area of land.

Measurement

Unoccupied Area

Square area of building not occupied.

Measurement

Rentable Area (Gross)

Total square area available for lease.

Measurement

Useable Area (Net)

Square feet that can be occupied or used.

Regex

Advanced version of the text data type where you can specify a regular expression that the text must match.

Measurement Aggregate

Gives ability to add up all child asset measurement fields to show one value under parent asset For Unit of Measure (UOM) fields.

Configurations for Custom Fields

Most Data Field Types are configured to define ranges, values, and display options in the Field Configuration section of the Add New Custom Field pop-up. The table below lists and describes the field configuration options available.

Custom Field Data Type

Field Configuration

Aggregate

Aggregates (sums) the values in the fields you select for aggregation.

Contact

No field configuration options, which allow for free form text to be recorded.

Currency

Minimum and maximum monetary values that can be entered.

Date

Restricts dates that can be entered or selected, including allowing dates prior to the current date, dates following the current date, and a date range.

Decimal

Defines the format for data that displays as a decimal, including the minimum and maximum values and the number of decimal places.

Lookup

Drop-down list. Some may have ability to Add and Select to add to list.

Number

Defines the minimum and maximum acceptable values, a prefix such as a currency sign, and a suffix, such as US.

Text

Defines the minimum and maximum number of characters allowed and whether or not the text wraps into multiple lines.

YesNo

Allows you to change the label that displays for binomial field data types.

Measurement

Defines the minimum and maximum values for any measured spaces and allows you to identify whether the measurement is recorded in linear area or square area.

Regex

Advanced version of the text data type where you can specify a regular expression that the text must match.

Measurement Aggregate

Aggregates (sums) measurements in fields you select for aggregation.

Was this article helpful?

We're sorry to hear that.