8 Best Property Management Software for Industrial Properties 2026
by Dulan Perera
Director of Growth
Updated 02 February 2026
Industrial portfolios operate differently. Warehouses, distribution centers, and manufacturing facilities need software that understands NNN lease structures, complex recovery billing, and facility-scale maintenance from the ground up. NNN lease structures, complex recovery billing, and facility-scale maintenance from the ground up.
When your platform is built for industrial operations from the start, you eliminate manual workarounds and protect revenue through automated workflows and accurate recovery billing.
This guide evaluates the top commercial property management platforms for industrial properties, focusing on what actually matters: lease structure support, CAM reconciliation, accounting integrations, and scalability. Let's break down how each platform handles the operational realities of industrial portfolios.
Key Takeaways
- Lease Specificity: Industrial properties require software that natively supports NNN (triple net) leases and complex recovery billing, rather than residential-first workarounds.
- CAM Reconciliation: Automated Common Area Maintenance (CAM) reconciliation is the most critical feature for reducing revenue leakage in industrial portfolios.
- Accounting Integration: High-impact platforms offer two-way sync with enterprise accounting tools like NetSuite, Sage Intacct, and Xero.
- Operations vs. Administration: Choose between all-in-one suites (Yardi, MRI) for institutional scale or operations-first tools (Cove) to modernize facility maintenance.
Who This Guide Is For: This evaluation focuses on owner-operators, including landlords, funds, and holding companies managing their own industrial portfolios. If you're a third-party property management firm, the evaluation criteria still apply, but your buying process will likely involve owner approval and may prioritize different features (like client reporting over direct revenue protection).
Industrial Property Management Software vs Residential Platforms
The structural differences between industrial and residential properties are significant, and they directly impact which software will serve your portfolio well. Industrial properties typically use NNN (triple net) leases where tenants pay operating expenses directly, whereas residential uses gross leases. Industrial also involves longer lease terms, larger square footage calculations, and fewer but higher-value tenants.
| Feature | Industrial-focused software | Residential platforms |
|---|---|---|
| Lease structure support | NNN, modified gross, ground leases | Primarily gross leases |
| Recovery billing | Full CAM/outgoings reconciliation | Limited or manual |
| Tenant volume | Optimized for fewer, larger tenants | Built for high tenant counts |
| Maintenance complexity | Supports facility-scale operations | Suited for unit-level repairs |
| Compliance tracking | Environmental, safety, industrial permits | Basic residential compliance |
The right platform eliminates manual workarounds and protects revenue through automated workflows built for commercial operations. The platforms below are evaluated specifically for their ability to handle industrial property requirements.
Top 8 Commercial Real Estate Software Platforms for Industrial Properties
The platforms below take different approaches to industrial property management. Some are accounting systems with property features bolted on. Others are residential platforms stretched to fit commercial. A few, like Re-Leased, are built commercial-first, treating the lease as the primary object. Here's how they compare:
| Platform | Best for | G2 rating | Capterra rating | Starting price | Key strength |
|---|---|---|---|---|---|
| Re-Leased | Commercial-first portfolios needing lease-centric operations | 4.6/5 (151 reviews) | 4.5/5 (84 reviews) | Custom quote | Native CAM reconciliation, Credia AI, two-way accounting sync |
| Yardi Voyager | Enterprise portfolios with complex accounting needs | 3.9/5 (228 reviews) | 4.2/5 (250 reviews) | Custom quote | GAAP/IFRS compliance, extensive module ecosystem |
| MRI Software | Mid-to-large portfolios wanting modular flexibility | 4.1/5 (139 reviews) | 3.7/5 (31 reviews) | $10,000/year | 200+ partner integrations, AI lease abstraction |
| AppFolio | Mixed portfolios (residential + commercial) | 4.6/5 (848 reviews) | 4.5/5 (1,886 reviews) | $1.40–$3.00/unit/month | User-friendly interface, unified platform |
| RealPage Commercial | Large institutional portfolios with detailed analytics | 3.8/5 (172 reviews) | 4.0/5 (126 reviews) | $12.50/month per 10,000 sq ft | Recovery billing engine, Financial Suite integration |
| Entrata Commercial | Mixed portfolios with strong tenant experience focus | 4.6/5 (738 reviews) | 4.6/5 (444 reviews) | Custom quote | NNN reconciliations, expense pool management |
| Cove | Facility operations and tenant experience | N/A | 4.3/5 (6 reviews) | Custom quote | Access control integrations, visitor management |
| Total Management | Small-to-mid portfolios needing core functionality | N/A | 4.2/5 (91 reviews) | $75/feature/month | CAM/tax/insurance reconciliation, free trial |
***Disclaimer:** This evaluation framework reflects internal assessment criteria. Ratings and feature availability may change. We recommend conducting your own research and requesting demos before making a purchasing decision.*
Re-Leased
Re-Leased is a commercial-first property management platform that automates lease administration, CAM reconciliation, maintenance workflows, and accounting integration. It's built for owner-operators and property managers who need operational control without manual overhead.
Why it's great for industrial properties: Re-Leased property software is a complete cloud-based property management and accounting solution, designed for landlords and property managers of both commercial and mixed property. (Re-Leased Pricing)
What makes Re-Leased different: Re-Leased is built commercial-first. The platform treats leases as the primary object, not invoices or units. That means complex rent schedules, recovery billing, and multi-entity structures work natively, not through workarounds. This commercial-first data model is why features like CAM reconciliation and accounting integrations work so cleanly.
Key strengths:
- CAM budgeting and reconciliation: Speedy budget set-up with the ability to roll over and modify previous year's budgets, automated breakdown of charges apportioned to multiple tenants and multiple areas, and creates and automatically sends budget income recoveries for owners and tenants based on agreed dates.
- Credia AI for document extraction: Credia Extract automatically scans emails and uploaded documents, pulling key information like policy numbers, expiry dates, and insured sums, and updates your records without manual intervention.
- Two-way accounting integrations with Xero, QuickBooks Online, Sage Intacct, and Oracle NetSuite. The industry-first integration with NetSuite delivers significant efficiency gains for both property management and accounting teams.
- Mobile apps for landlords, tenants, and property managers that make the maintenance loop manageable, speed up supplier processing, and automate CAM effectively.
Limitations: Credia AI and the property manager mobile app are separate add-ons with additional costs. Some users prefer these features bundled into the base package.
Best for: Owner-operators and property management firms managing industrial, office, retail, or mixed-use portfolios who want lease-centric operations with strong accounting integrations.
Pricing: Custom quote required; usage-based pricing starting around $62/month has been reported on review sites.
User reviews:
- Intuitive interface: Users praise the intuitive interface and note that training requirements are manageable for both accountants and property managers.
- Centralized data: Users note that all financial and property data is centralized in one place, improving transparency.
- Reporting and reconciliations: Users highlight the ability to run reconciliations and generate user-friendly reports, which can reduce errors from manual processes.
Schedule a demo to see how Re-Leased streamlines your lease administration and CAM reconciliation.
Yardi Voyager Commercial
Yardi Voyager Commercial provides the power of the most advanced and widely adopted property management platform for office, industrial, and retail with built-in accounting, real-time performance analytics, and complete mobility.
Why it's great for industrial properties: Yardi is the most advanced and widely adopted property management SaaS platform for office, industrial, and retail properties with built-in accounting, real-time performance analytics, and complete mobility. Its enterprise-grade accounting controls make it suitable for institutional portfolios with complex compliance requirements.
Key strengths:
- Full-featured accounting system that meets all applicable GAAP and IFRS requirements yet is configurable to your unique organizational policies and procedures.
- Manages multifaceted lease structures including percentage rent, CAM fees, and tenant improvement allowances, with enhanced rent rolls and streamlined lease abstract management.
- Manage portfolios, properties, and finances in one platform, optimized with a modern user interface. Through powerful automation and comprehensive tools in a single database, Voyager gives you control of daily details and the bigger picture.
- Combines property management and accounting with ownership, financials, budgets, forecasts, construction, and maintenance for a holistic view of your portfolio.
Limitations: Yardi has a steep learning curve, and smaller portfolios often find the pricing difficult to justify relative to their portfolio size.
Best for: Enterprise-level property management with advanced features for large-scale operations, including investment management and multi-entity accounting.
Pricing: Custom quote required; contact Yardi directly.
User reviews: G2 rating of 3.9/5 (228 reviews); Capterra rating of 4.2/5 (250 reviews).
MRI Software
MRI Commercial Management software offers a platform designed to manage leases, automate accounting, and enhance portfolio oversight. Suitable for retail, office, and industrial assets, it supports complex property needs.
Why it's great for industrial properties: MRI Commercial Suite is a standard in Commercial Property Management Software for corporate real estate departments and property managers.
- AI-powered lease abstraction
- Automated complex lease calculations
- Portfolio analytics and reporting
- Centralized lease and building information management
- Customizable reporting tools
Key strengths:
- MRI Commercial Management is a comprehensive software solution built for commercial property managers supporting industrial, office, and retail assets, providing real-time, actionable data through the secure Alloy platform. The system automates key tasks such as billing and fee recovery.
- Unify all your leasing, property management, facilities, and finance operations with MRI's AI-powered property management software, trusted by more than 45,000 clients worldwide.
- The PMX On the Go mobile app allows users to view lease data, vendor details, and tenant information in real time, supporting remote decision-making and task management.
- MRI Property Management supports both commercial and residential portfolios, including mixed-use assets. It's built to manage leasing, accounting, and operations across diverse property types.
Limitations: New users often report a steep learning curve. The interface can feel unintuitive at first, and some say it takes time to understand how to use the full range of features.
Best for: Mid-sized to large property companies, with 66% of users having 11–200 employees. It serves commercial real estate, multifamily housing, and affordable housing operators who need robust financial reporting and portfolio management tools.
Pricing: MRI Commercial Management cost starts at $10,000/year. Request a custom quote tailored to your specific requirements.
User reviews: Reviewers appreciate MRI Property Management for its customizable reporting options, user-friendly interface, and ability to handle large volumes of data. They find it versatile for financial tracking, asset management, and daily operations, noting that reports are easy to generate and helpful for business decisions.
AppFolio Property Manager
AppFolio helps you grow and diversify your portfolio with robust accounting and reporting tools, powerful universal search, and purpose-built features. AppFolio's commercial property management software gives you the freedom to include commercial properties alongside other property types.
Why it's great for industrial properties: AppFolio supports your entire portfolio, no matter the mix, with market-specific features like Common Area Maintenance. While AppFolio originated in residential, it has built out commercial capabilities that work well for mixed portfolios.
Key strengths:
- You can reconcile CAM throughout the year instead of waiting for annual reconciliation. AppFolio's CAM functionality allows you to track, bill, and reconcile the shared common area expenses and income for your commercial properties.
- The platform allows you to digitize every detail of a lease by scheduling automatic rent escalations and defining complex payment schedules based on percentage rent or variable charges. You can also track crucial dates for renewals and terminations.
- Robust accounting and reporting capabilities with a single source of truth for all financial transactions. It offers real-time, flexible reporting, ensuring property managers have quick access to essential financial data.
- Smart work order routing, vendor assignment, and progress tracking in one place. AppFolio's accounting platform includes full income and expense tracking, rent rolls, profit and loss (P&L) statements, and automated CAM reconciliations for commercial properties.
Limitations: AppFolio requires a custom quote for pricing, and a 50-unit minimum applies. Those overseeing diverse portfolios will likely need the Max plan for advanced tools like leasing CRM for complex commercial tenant relationships.
Best for: Residential, commercial, HOA, and student housing portfolios. AppFolio grows with your portfolio, from 100 units to 10,000+.
Pricing: $1.40–$3.00/unit per month; onboarding fees apply.
User reviews: G2 rating of 4.6/5 (848 reviews); Capterra rating of 4.5/5 (1,886 reviews).
RealPage Commercial
RealPage Commercial is the core of your operations. Manage daily tasks, complex leases, and property data within one intuitive and scalable platform. From a single asset to a diverse portfolio, it has every square foot covered.
Why it's great for industrial properties: RealPage Commercial Property Management is designed with the flexibility to serve Industrial, Office, and Retail portfolios. Its robust feature set can be configured to meet the unique operational and financial demands of each asset class.
Key strengths:
- Confidently manage sophisticated lease structures with purpose-built commercial features. The platform handles demanding calculations including CAM Recoveries, Percentage Rent automation based on tenant sales data, and CPI & Straight-Line Rent Increases.
- Unlike other solutions that require fragmented systems, RealPage delivers a unified platform that connects your property, corporate, and investment accounting with robust operational tools. Achieve ease of use, scalability, and insight into your Industrial, Office, and Retail portfolios.
- Key features include accounting, budgeting, facilities maintenance, purchasing, document management, and reporting. RealPage Commercial enables users to organize and store electronic records and digital compliance documents as well as automate service requests.
- Robust features include calculators for CAM reconciliation, CPI adjustments, and late fees, as well as a tenant portal for secure online payments and service requests. Tools for tracking lease lifecycles and streamlining recovery calculations simplify complex commercial property management tasks.
Limitations: Some users report that promised features were aspirational at launch and certain capabilities don't exist as originally described. Validate specific feature requirements during demos.
Best for: RealPage is tailored for managing commercial assets like retail centers, office buildings, and industrial properties. It's a good fit for REITs, institutional investors, and large-scale asset managers.
Pricing: Pricing starts at $12.50 per month per 10,000 sq. ft. for office and retail properties.
User reviews: G2 rating of 3.8/5 (172 reviews); Capterra rating of 4.0/5 (126 reviews).
Entrata Commercial
Entrata Commercial is a comprehensive platform designed to streamline workflows for office, retail, and mixed-use properties. It offers customizable tools for managing buildings, leases, and tenant accounts while maximizing operational efficiency to help property managers focus on achieving NOI goals.
Why it's great for industrial properties: Entrata's strength lies in managing mixed portfolios where residential and commercial assets coexist. Its expense pool management and NNN reconciliation tools address industrial-specific billing requirements.
Key strengths:
- Flexible charge options for rent escalations, NNN expenses, CAM charges, and other fees. NNN reconciliations compare budgeted charges with actual expenses in one interface.
- Tenant portal for real-time communication, payments, and maintenance requests. Lease abstraction tools summarize leasing data and manage clauses effectively.
- Customizable reporting, including rent roll reports, delinquency notices, and lease abstracts.
- Users find Entrata highly effective for managing multiple properties, praising its ease of use and user-friendly interface. The software covers all aspects of property management, from resident interface to accounting and marketing.
Limitations: Entrata's core market is multifamily residential, so industrial-heavy operators should validate how their specific reimbursement pools and NNN reconciliations compare to dedicated commercial platforms during evaluation.
Best for: Mixed-portfolio operators who want commercial capabilities inside a platform widely used for residential operations and tenant experience tooling.
Pricing: Custom quote required; contact Entrata directly.
User reviews: G2 rating of 4.6/5 (738 reviews); Capterra rating of 4.6/5 (444 reviews).
Cove
Cove is a building operations and tenant experience platform designed to unify engineering and operations workflows with occupant-facing experiences including communications, amenities, and access control.
Why it's great for industrial properties: Cove focuses on the operational side of property management, including work orders, inspections, preventive maintenance, and visitor management, which are particularly relevant for industrial facilities with significant maintenance demands.
Key strengths:
- Work order management, preventive maintenance, and customizable inspections.
- Visitor management and COI (Certificate of Insurance) tracking.
- Access control integration with systems like Avigilon Alta (Openpath) and LenelS2 OnGuard.
- Equipment QR code tracking and alerts/notifications for maintenance workflows.
Limitations: Cove is primarily an operations and tenant experience platform, not a full lease administration system. Organizations using Cove will likely need a separate system of record for lease data and billing workflows.
Best for: CRE operators who already have lease administration and accounting handled elsewhere and want to modernize operations and tenant experience, including access and visitor management.
Pricing: Custom quote required; request a demo for specific pricing.
User reviews: Capterra rating of 4.3/5 (6 reviews). Limited review volume means direct reference checks with similar property types are recommended.
Total Management
Total Management is a straightforward yet powerful platform designed for managing office, retail, and industrial properties. It offers robust financial tools and streamlined workflows that cater specifically to the needs of commercial property managers.
Why it's great for industrial properties: Total Management provides core commercial property management functionality, including work orders, accounting, and CAM/tax/insurance reconciliation, without the complexity or cost of enterprise platforms.
Key strengths:
- Commercial dashboards, notifications, and work order management.
- CAM/tax/insurance reconciliation capabilities.
- Correspondence management and lease information updates.
- Free trial available for evaluation.
Limitations: Integration options are narrower than enterprise suites (QuickBooks Desktop is the primary listed integration). Organizations needing extensive API access or multi-system integrations should validate capabilities.
Best for: Mid-sized portfolios seeking core commercial property management functionality without enterprise complexity.
Pricing: $2.50 per unit per month.
User reviews: Capterra rating of 4.2/5 (91 reviews).
How to Choose the Right Commercial Property Management Program for Industrial Properties
Use this framework to evaluate your options:
- Lease structure fit: Does the platform support NNN leases, rent escalations, and recovery billing natively? Industrial portfolios depend on accurate pass-through billing, and platforms that treat this as an afterthought may require manual workarounds.
- Integration requirements: Will it sync with your existing accounting or ERP system? Two-way integrations with platforms like Xero, NetSuite, or Sage Intacct reduce reconciliation time and errors between property and finance teams.
- Portfolio complexity: Can it handle multi-entity ownership, mixed-use properties, and geographic distribution? Industrial operators often have complex ownership structures that require consolidated reporting across entities.
- Implementation support: What onboarding, training, and ongoing support does the vendor provide? Enterprise platforms like Yardi and MRI offer extensive onboarding but require more time investment. Cloud-native platforms like Re-Leased and AppFolio typically offer faster deployment.
- Scalability: Will the platform grow with your portfolio without requiring migration? Adding properties should increase operational efficiency, not operational risk.
Here's how to narrow your options: Smaller portfolios (under 500,000 sq ft) should prioritize fast implementation and ease of use. Mid-market operators (500,000–5M sq ft) need strong CAM reconciliation and accounting integrations. Institutional portfolios (5M+ sq ft) require multi-entity support, compliance controls, and enterprise-grade reporting. Match your current reality, not your aspirational growth, to the platform's strengths.
Frequently asked questions
A typical timeline is 8 to 20 weeks; common challenges include data migration, chart of accounts setup, CAM rule configuration, user role definition, and training. (implementation timeline) Cloud-native platforms generally deploy faster than on-premise solutions, but the complexity of your existing data and lease structures will significantly impact timeline.
The software should support both scenarios. Single-tenant industrial properties require straightforward NNN billing where the tenant pays all operating expenses directly. Multi-tenant industrial parks need CAM apportionment across shared spaces like parking, loading areas, and common facilities. Look for platforms that handle both scenarios natively rather than requiring workarounds.
Some platforms offer integrations with building management systems for access control and environmental monitoring, though the depth of integration varies by vendor. Cove, for example, integrates with access control systems like Avigilon Alta and LenelS2 OnGuard. For other platforms, confirm specific integration capabilities during your evaluation.
Look for providers that offer onboarding assistance, documentation, ongoing customer support, and ideally a dedicated account manager for larger portfolios. Enterprise platforms like Yardi and MRI offer extensive training academies and certification programs. Mid-market platforms typically provide implementation support, knowledge bases, and responsive customer service teams.
NNN billing charges tenants for their share of operating expenses throughout the year based on budgeted amounts. CAM reconciliation is the year-end process of comparing those budgeted charges to actual expenses and calculating any balancing adjustments owed. A tenant who paid estimated CAM throughout the year may owe additional amounts (or receive credits) once actual expenses are reconciled.
About the Author
Dulan Perera
Director, Growth
Dulan combines strategic marketing expertise with deep knowledge of commercial real estate (CRE) to drive meaningful growth across the industry. His focus is on connecting property professionals with insights that matter, spanning compliance, financial operations, property management, stakeholder relationships, and the evolving role of technology and AI. His goal: help real estate businesses scale smarter in a digital-first world.
More Resources
Stay tuned!
Unlock exclusive resources curated by Re-Leased.