A commercial real estate software with AI-powered lease abstraction and portfolio analytics.

Product Overview

MRI Commercial Suite is a standard in Commercial Property Management Software for corporate real estate departments and property managers. Key features include lease administration, portfolio analytics and reporting, and AI-powered lease abstraction. The system also includes centralized lease and building information management, automated complex lease calculations, and customizable reporting tools.

Pros

  • Automates calculations like lease clauses, breakpoints, offsets, and estimated payments
  • Tenants can submit maintenance requests online using photos and videos
  • Allows daily tasks to be tracked, allocated, and flagged

Cons

  • Dated user interface
  • Online version has limited features
  • Exact pricing details not provided by the developer

Target Market

Commercial property managers and businesses managing diverse real estate portfolios, including industrial, office, and retail spaces.

Video Overview

Features

  • Portfolio Analytics and Reporting
  • Lease Management
  • Advanced Retail Management
  • Online Tenant Portal
  • AI Lease Abstraction
  • Commercial Property Marketing
  • Building Operations

MRI Budgeting & Forecasting

MRI Budgeting & Forecasting allows property owners, managers, and investors to make financial outcomes predictable by creating budgets and forecasts using property and accounting data from MRI Accounts Payable, General Ledger, Commercial Management, and more.

MRI Tenant Connect

MRI Tenant Connect is an easy-to-maintain and secure tenant portal where clients can review their account statements and history, make payments, enter sales data, initiate service requests, and view property announcements.

MRI Financials

This solution minimizes manual intervention while maximizing accuracy and productivity. Flexible reporting tools leverage information to support smarter negotiation and decision-making.

MRI Workspeed

MRI Workspeed Property Operations improves processes for building owners, managers, building staff, vendors, and tenants by combining the benefits of workflow automation, collaboration, and mobile communication. Key functionalities include the ability to submit and track service requests, perform preventative maintenance, monitor certificates of insurance compliance, and ensure lobby security.

Price Range Learn More
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Product Overview

Developer Overview

  • Name MRI Software
  • Year Founded 1971
  • Headquarters Solon ,Ohio ,USA
  • Type Private
  • Est. Size 1k-5k employees
  • Est. Revenue $50M-$100M

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User Reviews of MRI Commercial Suite

Roy McConnell
Overall
★★★★★
★★★★★

It's the simplicity and the ability to adapt it

October 31st, 2017 • Roles: Purchaser & End User

I think from a CRE module piece, really it’s the simplicity and the ability to adapt it. Being able to build categories of locations, being able to add in our own types of facilities in branches was a major feature. It lets us know more about what is out there at our locations.

From my perspective, I’m looking at how future proofing our business is. The lease management lets me manage early negotiation with those branches and securing future revenue for the business.

Dustin Verdin
Overall
★★★★★
★★★★★

MRI is the core of our business operations

February 17th, 2017 • Roles: Purchaser & End User

MRI is the core of our business operations. We use it for everything from accounting to tax to lease to maintenance across both commercial and multi-family use.

We’ve had the opportunity to integrate contextual document search of disparate data cycles all over our companies. This is 35,000 documents and links to integral pieces of information in our company, all provided in our corporate internet all linked with MRI.