What software do logistics real estate funds need beyond their system of record?
Beyond the system of record (Yardi or MRI), a logistics real estate fund typically needs ARGUS Enterprise for cash flows and valuation, VTS or a similar platform for leasing deals and lease roll, CoStar and MSCI for market data and benchmarks, and a credit service such as Creditsafe or Dun & Bradstreet for tenant covenants. Scayled adds the leasing step none of these perform: when a warehouse is vacant or coming back, it finds 250 to 350 businesses the building suits and the person who signs at each, and drafts an approach per business.
- What does the system of record cover, and where does it stop?
- Which tool handles valuation and cash flow?
- Which tools manage leasing and market data?
- How do logistics funds watch tenant covenants?
- What software helps find the next tenant for a logistics unit?
- What does each layer cost?
What does the system of record cover, and where does it stop?
Yardi Voyager or MRI runs leases, rent, recoveries, arrears, critical dates and accounting, and feeds investor reporting. Smaller owners often use Yardi Breeze or a cloud platform such as Re-Leased.
The system of record is precise about what is contracted. It does not value the portfolio, describe the market or say who could take a unit that comes back.
Which tool handles valuation and cash flow?
ARGUS Enterprise, from Altus Group, is the standard for institutional cash flow modelling and valuation. Each lease rolls into market leasing assumptions: renewal probability, downtime, incentives and letting costs. ARGUS Intelligence adds portfolio-level performance views and tenant analytics on concentration and expiries.
Downtime is one of the assumptions that moves value most, and it depends on how the re-letting is actually run.
Which tools manage leasing and market data?
VTS is widely used by landlord leasing and asset management teams to track deals, lease roll and tenant relationships. CoStar supplies availability, leasing comparables and submarket vacancy, and its tenant data covers lease expirations and pending moves. MSCI provides benchmarks and transaction data, and the large agencies publish logistics market research.
These tools describe the market and the deals in motion. They do not name the businesses whose operation suits a specific vacant warehouse.
How do logistics funds watch tenant covenants?
Most put material tenants, and any parent guarantor, on a credit monitoring service: Creditsafe, Dun & Bradstreet or Experian for alerts on score, filing, legal and director changes, CreditRiskMonitor mainly for public companies, and Moody's where a tenant is rated.
Logistics tenants include many third-party logistics operators whose occupation depends on customer contracts. A credit score may not move when a contract ends, so news alerts and direct contact with the tenant matter as much as the score.
What software helps find the next tenant for a logistics unit?
Listing portals such as LoopNet, Crexi, realcommercial.com.au and Rightmove reach businesses searching now, and an agent brings live requirements. Both are worth keeping. Neither reaches the business that is not searching yet.
Scayled is built for that step. Given a logistics unit's size, use and target occupier, it lists 250 to 350 operators and owner-users it fits, with the decision-maker named and an email drafted for each. It covers industrial and logistics property: warehouses, distribution and logistics facilities, yards and showrooms.
What does each layer cost?
Yardi, MRI, ARGUS, VTS, CoStar, MSCI and the credit services are priced on quote, so compare them on a proposal for your own portfolio.
Scayled publishes its price. The Campaign is US$749 per warehouse for the Full 250 to 350 businesses, or from US$449 for the strongest 100 to 150, paid once, with no subscription and no commission on the letting, and it runs alongside any appointed agent. Scayled can also send the emails for US$299 more from one mailbox the fund adds on its company email. How to lease a vacant warehouse without an agent covers the case where the fund runs the letting itself.
Lease The Vacancy In-House, Before You Appoint An Agent.
The Campaign finds the 250 to 350 businesses the building suits, names the person who decides at each and writes every email, ready in about five days. One payment of US$749 per property, no commission and no subscription. A focused 100 to 150 from US$449.