– Leasing and asset management technology company welcomes record
number of new clients; 1 in every 3 office buildings in the United
States are now managed using VTS –
NEW YORK–(BUSINESS WIRE)–#cre—VTS,
the commercial real estate industry’s leading leasing and asset
management platform, today announced that in Q3 the company achieved its
most successful quarter to date, welcoming a record number of new
clients to the platform – the highest number in company history. Square
footage managed on the platform has grown to 9 billion square feet,
increasing 60% from Q3 2017, with one in three office buildings in the
U.S. now managed on VTS.
A number of new clients chose VTS as their leasing and asset management
solution in Q3, including Cerberus Capital Management, Midway Companies,
Onni Group, Pacific Coast Capital Partners, Grafton Advisors, EastGroup
Properties, The Henderson Group, Venture One Real Estate, and Hugo Neu.
In addition to securing new clients, existing VTS clients expanded their
use of VTS, including rolling out VTS
Tenant Relationship Management (TRM), the only CRM built
specifically for commercial real estate professionals. Such clients
include Brookfield Properties, Invesco, and Brandywine Realty Trust. TRM
enables landlords and leasing teams to retain more high value tenants
and uncover hidden relationships to help move opportunities forward.
“We’re incredibly proud to continually add so many world-class customers
like these to our platform, and to extend our partnerships with existing
clients as they see the value of VTS and engage further with our
products,” said VTS CEO and co-founder, Nick Romito. “Watching the
market get behind our vision is what energizes our team, and we’re
committed to transforming commercial real estate alongside them.”
VTS continued its international growth in Q3. The leasing and asset
management platform is now used to manage buildings in 34 countries
across every continent except for Antarctica.
Q3 also saw VTS solidify its position as the standard leasing system
used by commercial real estate brokers. In August, JLL
Agency Leasing selected VTS as its exclusive leasing and asset
management software across the Americas, the first time a global
brokerage firm has provided VTS to all their brokers and leasing teams
in the Americas. The move aligned with JLL’s ongoing strategy to build a
best-in-class technology stack. VTS now provides leasing and asset
management technology for use by all JLL Americas Agency Leasing
employees, and will further enhance JLL professionals’ ability to
provide market-leading client service and work more efficiently.
VTS is the commercial real estate industry’s leading leasing and asset
management platform. Landlords use VTS to maximize portfolio performance
by transforming their leasing and asset management process, enabling
them to acquire the right tenants faster, sign the right deals at the
best economics, and optimize the renewal process – reducing costly
downtime. Brokers can manage their deal pipeline and get tenants into
empty spaces faster, collaborate across teams and work easily with their
landlord clients using VTS for Brokers.
The VTS platform manages 9 billion square feet and a user base exceeding
34,000, and boasts an impressive client roster that includes top names
such as Beacon Capital, Blackstone, LaSalle Investment Management,
Hines, Boston Properties, JLL and CBRE. One in every three commercial
office buildings in the US is managed using VTS.
For VTSMegan Nealon, 857-362-8897[email protected]