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VTS Announces New Product Offering VTS Retail and Retail Advisory Board

January 15, 2020 GMT

NEW YORK--(BUSINESS WIRE)--Jan 15, 2020--

VTS, the commercial real estate industry’s leading leasing and asset management platform, today announced VTS Retail —the industry’s only leasing platform designed specifically for the retail sector–solving major issues retail landlords have in their leasing process. Unlike any existing offering for retail landlords, VTS Retail transforms the leasing process by enabling retail landlords to significantly reduce the time from prospect to tenant move-in and proactively manage shopping center strategy and risk.

“The retail commercial landlord sector has been waiting for a solution like VTS Retail,” said Kevin Halleran, Chief Accounting Officer, Starwood Retail Partners. “As a leader, Starwood’s needs are complex and VTS has come to market with an amazing leasing and asset management solution. We’re excited to deploy it across our portfolio.”

VTS also announced the formation of a Retail Advisory Board comprised of leaders from top retail landlords and clients including Brookfield Properties, Shopcore, and Oxford Properties Group.

VTS Retail — Leasing and asset management software built for retail landlords

VTS Retail is the first software platform built specifically to address the complex needs of retail landlords. The brand new offering will let retail landlords:

“I’m incredibly excited to announce VTS Retail,” said Nick Romito, CEO and Co-Founder, VTS. “Our team spent hundreds of hours with retail landlords to understand the most painful challenges they experience throughout the leasing process. With VTS Retail, retail landlords will finally have the modern technology they need to power their businesses.”

Availability of VTS Retail

VTS Retail is available now. New and existing VTS customers can learn more and request a free, personalized walkthrough here.

VTS announces Retail Advisory Board

VTS has also established a Retail Advisory Board comprised of senior retail leaders who will provide strategic counsel and direction for VTS Retail products. Members of the Board include:

“I’m delighted to join the VTS Retail Advisory Council to provide strategic input on a VTS product roadmap for retail landlords,” said Wright Sigmund, Senior Vice President, National Director of Leasing, First Washington Realty, Inc. “VTS has shown they are committed to the retail sector and I’m impressed with their product vision.”

About VTS

VTS is commercial real estate’s leading leasing and asset management platform, bringing together landlords, brokers, and tenants to make deals happen. VTS software enables office, retail, and industrial landlords and brokers to transform their leasing process and convert leads to leases 41% more efficiently. MarketView™, the industry’s first market benchmarking product gives landlords real-time information to inform deal negotiations and leasing strategies. Completing the VTS platform offering is truva, the industry’s modern marketplace that will be powered by the 10B square feet of space managed on VTS software. truva.com is designed to drive tenant demand for landlords, and remove friction from the leasing process for tenants and tenant rep brokers.

VTS’ platform has a user base exceeding 35,000 and boasts an impressive client roster that includes leading organizations such as AR Global, Blackstone, Boston Properties, Brookfield, InvenTrust Properties, Time Equities, Washington REIT, Wheeler Real Estate Investment Trust, Bayer Properties, RPT Realty, Waterstone Properties Group, JLL, and CBRE.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200115005610/en/

CONTACT: Media:

Elise Szwajkowski

Marino

(212) 402-3495

eszwajkowski@marinopr.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: RETAIL OTHER PROFESSIONAL SERVICES SOFTWARE URBAN PLANNING REIT ONLINE RETAIL BUILDING SYSTEMS PROFESSIONAL SERVICES DATA MANAGEMENT RESIDENTIAL BUILDING & REAL ESTATE CONSUMER ELECTRONICS TECHNOLOGY MOBILE/WIRELESS COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY PUBLIC RELATIONS/INVESTOR RELATIONS MARKETING OTHER RETAIL COMMUNICATIONS

SOURCE: VTS

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PUB: 01/15/2020 11:15 AM/DISC: 01/15/2020 11:15 AM

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