Systems and techniques for creating a netlist abstraction are described. During operation, an embodiment can receive a netlist for a circuit design, wherein circuit elements in the circuit design are organized in a logical hierarchy (LH). Next, the embodiment can receive a set of LH nodes in the LH. The embodiment can then create the netlist abstraction by, for each LH node in the set of LH nodes, replacing a portion of the netlist that is below the LH node by a star netlist, wherein the star netlist includes a center object that is electrically connected to a set of satellite objects, wherein each satellite object corresponds to a port of the LH node.