Commercial Real Estate Deal Pipeline Tracker – Excel Template

Last Updated on January 2, 2024 by Morgan Beard

Are you struggling to keep your team and stakeholders on the same page with the progress of each deal? 

If so, you’re not alone. Many transaction managers and brokers struggle with real estate deal pipeline management, which can lead to missed opportunities and poor decision-making during the deal process.

The good news is that there’s a solution: our Commercial Real Estate Deal Pipeline Tracker – Excel Template. This powerful tool can help you keep track of all your deals in various stages of the pipeline, from initial contact to negotiations and closing. With the right Excel template, you can improve your visibility into your deals, enhance communication with your team and stakeholders, make more informed decisions about your business, and get deals done faster.

What is a deal pipeline?

A deal pipeline is a process or a series of stages that a commercial real estate deal goes through, from initial contact to closing. This is essential for keeping track of all the deals in progress and ensuring that no deals fall through the cracks.

Commercial real estate is a highly competitive and dynamic industry, where timing and accuracy can make or break a deal. Staying on top of your active deals ensures that they are moving forward in a timely and efficient manner.

What are the stages of a deal pipeline?

The stages of a leasing transaction can vary depending on the industry, market, deal size, and strategy being pursued. However, here are some common stages you might encounter:

Planning:

In the planning stage, the tenant needs to identify their actual requirements. This includes how much space they need, what type of space they need, what their timeline is, and what their budget is. Once the tenant has a good understanding of their requirements, they can start looking at different options in the market.

Site selection: In the site selection stage, the tenant looks at different alternatives in the market they are looking in that fit their requirements. They need to consider factors such as location, size, price, and amenities. They also need to make sure that the space is available when they need it.

Proposal:

In the proposal stage, the tenant and landlord propose their key business terms that will ultimately define how the lease is drafted. This includes terms such as rent, term, and tenant improvements. The tenant needs to be prepared to negotiate these terms in order to get the best possible deal.

Lease negotiation:

In the lease negotiation stage, the key business terms have been agreed to, and now attorneys get involved to negotiate the legal aspects of the lease. This includes terms such as default, termination, and insurance. The tenant needs to make sure that they understand all of the terms of the lease before they sign it.

Move-in/build-out:

In the move-in/build-out stage, the tenant has to manage the process of potentially building out space and ultimately moving in. This can be a complex process, and the tenant should make sure that they have a good understanding of what is involved.

The leasing process can be long and complex, but it is important to follow the steps carefully in order to get the best possible deal.

What are the benefits of using a deal pipeline tracker?

Using a deal pipeline tracker is a powerful way to manage your commercial real estate deals. Here are some of the key benefits:

1. Enhanced visibility: Provide visibility into all the deals in progress, their current status, and what needs to happen next. This information is critical for making informed decisions about which deals to pursue and which ones to let go.

2. Improved communication: Keep all the stakeholders informed of the progress of each deal. This includes team members, investors, lenders, and other partners who need to be involved in the decision-making process.

3. Better forecasting: Forecast future deals and identify potential problems early on. By analyzing the data, you can identify patterns and trends that can inform future business decisions.

4. Close deals faster: Easily keep track of all the deals in progress, their status, and what needs to happen next. This helps efficiently streamline the process and avoids delays or missed opportunities. — ultimately getting your deal done faster.

5. Enhanced collaboration: Improve collaboration among team members and stakeholders. By providing a central hub for all the information related to each deal, everyone can stay on the same page and work together more effectively.

6. Better decision-making: Make more informed decisions about which deals to pursue and which ones to let go of. By analyzing the data, you can identify trends and patterns that can help to inform your business strategy.

7. Customizable: A deal pipeline tracker in Excel is customizable to your specific needs. You can easily add or remove fields and adjust the layout to fit your preferences.

How to Set Up Your Commercial Real Estate Deal Pipeline Tracker in Excel

1. Download Occupier’s Commercial Real Estate Deal Pipeline Tracker – Excel Template
2. Customize the fields to fit your specific needs. Include fields for deal details, stages, sources, comments, and any other relevant information.
3. Input all your deals into the tracker, including their current stage and any notes or comments.
4. Update the tracker regularly to ensure that it reflects the most current information.
5. Use the tracker to identify trends and patterns in your deals, and adjust your business strategy accordingly.

Optimizing your Commercial Real Estate Deals

This customizable tool was designed to fit the specific needs of your business and help you stay on top of all your deals, track progress, prioritize tasks, and analyze data to make informed decisions. By using a deal pipeline tracker, you can manage your deals effectively, stay organized, and make data-driven decisions.