The average cost to secure new tenants rose from $60.33/sq ft in 2024, reflecting increased tenant bargaining power and competitive pressure. This direct hit to capital expenditures creates a need for solutions that optimize leasing operations, manage CapEx, and improve tenant retention to control rising costs.
Filing excerpt
The average annual initial base minimum rent for new leases was $65.09 per square foot in 2025 and $66.61 per square foot in 2024 with an average tenant allowance on new leases of $63.92 per square foot and $60.33 per square foot, respectively.
What this signalsFilings often name leadership changes, deals and spending plans.
Regions named
sec-10kinflationImpactGet every 10-K signal for Simon Property and the companies you sell to, in the tools you already use.
Connect Autobound to Claude, Claude Code or Cursor with MCP. Then ask: “What changed at Simon Property this week?”
The Signal API returns 10-K signals for any list of companies as JSON, for your CRM, warehouse or app.
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This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.
Company
linkedin_urlValue in the APIindustriesValue in the APIemployee_count_lowValue in the APIemployee_count_highValue in the APIrevenueValue in the APIdescriptionValue in the APISignal
signal_nameValue in the APIassociationValue in the APIGET /v1/signals/cb91f491-baf1-4af6-bff1-68e2eda42bd9 returns this record as JSON. POST /v1/companies/enrich returns every signal for simon.com.
{
"signal_id": "cb91f491-baf1-4af6-bff1-68e2eda42bd9",
"signal_type": "sec-10k",
"signal_subtype": "inflationImpact",
"detected_at": "2026-03-03T05:53:32.145+00:00",
"company": {
"name": "Simon Property",
"domain": "simon.com"
},
"data": {
"detail": "The average cost to secure new tenants rose from $60.33/sq ft in 2024, reflecting increased tenant bargaining power and competitive pressure. This direct hit to capital expenditures creates a need for solutions that optimize leasing operations, manage CapEx, and improve tenant retention to control rising costs.",
"metrics": {
"pct": 0.059,
"timeframe": "current_year",
"pct_context": "Year-over-year increase in average tenant allowance per square foot for new leases"
},
"summary": "Tenant improvement allowances increased nearly 6% to $63.92/sq ft, showing rising costs to secure leases.",
"excerpts": "The average annual initial base minimum rent for new leases was $65.09 per square foot in 2025 and $66.61 per square foot in 2024 with an average tenant allowance on new leases of $63.92 per square foot and $60.33 per square foot, respectively.",
"relevance": 0.8,
"sentiment": "negative",
"confidence": "high",
"source_url": "https://www.sec.gov/Archives/edgar/data/1022344/000110465926019419/spg-20251231x10k.htm",
"filing_date": "2026-02-25",
"filing_year": 2026,
"sales_relevance": "Efficiency tools needed",
"signal_category": "operations",
"regions_mentioned": [
"United States"
]
}
}
curl https://signals.autobound.ai/v1/signals/cb91f491-baf1-4af6-bff1-68e2eda42bd9 \
-H "X-API-KEY: $AUTOBOUND_API_KEY"curl -X POST https://signals.autobound.ai/v1/companies/enrich \
-H "X-API-KEY: $AUTOBOUND_API_KEY" \
-H "Content-Type: application/json" \
-d '{"domain":"simon.com","limit":20}'Long text fields are shortened on this page.
Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.