CBRE CostLab vs Spacebase

CBRE CostLab is a web-based application for estimating and comparing facility operating costs across more than 400 locations and 75+ asset types worldwide. It provides equipment-level estimates for maintenance and repair, custodial work, energy, grounds management, and pest control. Its Cost Library includes labor, utility, and inflation rates, maintenance tasks, operating details, recapitalization assumptions, and national indexes. The Building Wizard uses seven questions to create a component-level estimate; Project Builder groups maintenance and repair work into projects and estimates material, labor, and equipment needs. For capital planning, CostLab estimates equipment failure probability and helps prioritize replacements by portfolio risk and budget. Users can customize building models and adjust rates and task assumptions. It also identifies deferred maintenance by equipment and provides deferred-cost reports and Facility Condition Index estimates. Mass Data Export sends annual and average asset costs, yearly task costs, deferred costs, and inventory to Excel. Access is through a browser on a laptop, tablet, or smartphone. Paid plans include a 7-day trial; there is no free plan.

Spacebase provides modular lease accounting and lease administration software for finance and real estate teams. Its accounting workflows cover ASC 842, GASB 87, and IFRS 16, including journal entries, modifications, amortization schedules, and disclosures. Lease administration centralizes portfolios, documents, permissions, and obligations, with alerts for renewals, expirations, and custom milestones. Teams can customize dashboards, reports, and tracking fields. Spacebase AI extracts lease dates, rent and financial data, options, and clauses from documents, including low-quality scans, and cites extracted fields to lease pages. Its AI agent answers plain-English questions about lease, accounting, and document data, can surface obligations, and can generate reports or exports. Named integrations include NetSuite, Oracle, SAP, Coupa, Sage Intacct, and QuickBooks; an open API is also described. Spacebase says it is cloud-based and mobile-optimized, with Android, iOS, web, and API access. Pricing is tailored to portfolio size and feature needs, and a demo is required for a quote.