Tracy Chelepis founded Chelepis & Associates, Inc. in 1984. Mr. Chelepis’ financial analysis skills and fascination with the industry led the company into a practice concentrating on commercial real estate and construction consulting. At the request of a client, Chelepis & Associates, Inc. began the specialized practice of real estate auditing. Through the years, Chelepis & Associates, Inc. has developed an expertise resulting in more than $200 million in savings and cost recoveries for our clients. We have become the best in class for lease audit services.
In 1999, we expanded our services to include lease abstracting, lease administration, and lease migration. This addition has allowed us to deliver comprehensive data management services to our clients. To date, we have migrated tens of thousands of leases/contracts with annual rent values in excess of $100 million. These efforts alone have resulted in $2.5 million in savings during the migration process.