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The distinction between real estate and equipment leases is key, as companies may struggle to manage equipment leases efficiently. Most equipment leases are not tracked in any system, unlike real estate leases which have multiple software options. Companies with large real estate portfolios likely use real estate management systems, while equipment leases are often managed on spreadsheets. Deciding on a system for equipment leases may be a bigger challenge for companies, even though real estate is typically seen as the primary focus.