Physicians Realty Trust (NYSE: DOC) is a publicly-traded real estate investment trust with a 14 million square foot portfolio of 250 medical office buildings that are located in 30 states. The properties are currently 96% leased by 1,400 different tenants. Physicians Realty IPO-ed in 2013 and has since grown AUM to about 4.5 billion dollars. To deliver the performance its shareholders expect, Physicians Realty has invested heavily in its people and process. Technology is a critical part of that strategy and enables its teams to manage the leasing and reporting processes at scale.
The firm set out to find a platform that would give its teams a central location to track leasing activity and effectively analyze deals. Since becoming a VTS customer, its leasing and asset management processes have changed dramatically.