New York-Headquartered Tech Company Recognized in Real Estate Technology Category
NEW YORK, NEW YORK - December 11, 2019 - VTS, the commercial real estate industry's leading leasing and asset management platform, today announced that the Commercial Observer recognized the company as a Top Innovator in the real estate technology category of the 2019 Innovator Awards. The Awards were announced at Commercial Observer’s Inaugural Innovators Forum on December 3, 2019 in New York.
VTS was selected because of its strong track record delivering innovative technology solutions that address the needs of commercial real estate professionals. Candidates were meticulously reviewed and determined by Commercial Observer’s Power 100 and Power 50 Honorees.
“We’re incredibly honored to be acknowledged as the leader in the crowded PropTech space by one of New York’s top real estate publications,” said Nick Romito, CEO and co-founder of VTS. “New York is the global real estate capital and there was never a question that this was where we needed to start VTS. Being recognized by the city’s real estate leaders through this award means more to our team than you could possibly imagine.”
Since its founding in 2012, VTS has revolutionized commercial real estate – an industry valued at more than $16 trillion and one of the world’s largest and least tech-enabled asset classes. VTS established the technology category of leasing and asset management and enables landlords and brokers to manage the end-to-end leasing process and tenants from their smartphones or desktop. VTS offers solutions for owners of office, retail, and industrial space, and is driving the industry-wide shift towards using real-time data to make portfolio decisions.
Today, more than 10 billion square feet of commercial real estate – an amount equivalent to roughly 20 New York Cities in size – is managed on VTS, including one in every three office buildings in the U.S. More than 35,000 users across more than 35 countries use VTS to convert leads to leases 41% faster and build data-led asset strategies, transforming their leasing and asset management processes. VTS has eight out of 10 of the world’s largest property owners as clients, boasting an impressive roster of global leaders including Blackstone, Brookfield, LaSalle Investment Management, Hines, Boston Properties, Oxford Properties Group, JLL, and CBRE.
VTS is commercial real estate’s leading leasing, marketing and asset management platform where the industry comes to make deals happen and real-time data come to life. VTS is powered by the largest single source data network in the industry, which delivers real-time data and insights that fuel faster, more informed decision making and connections throughout the deal lifecycle. Our MarketView™ offering, the industry’s first market benchmarking product, and VTS Market and Marketplace, the industry’s first integrated online marketing solution, gives landlords, brokers, and tenants unparalleled visibility into real-time market information and the direct connectivity to execute deals with greater speed and intelligence at every point in the planning, marketing, leasing, and asset management cycle.
More than 60% of Class A commercial space in the US and 12B square feet of commercial real estate globally is managed on the VTS platform. Our user base includes over 45,000 CRE professionals including respected industry leaders like Blackstone, Brookfield Properties, LaSalle Investment Management, Hines, Boston Properties, Oxford Properties, JLL, and CBRE. To learn more about VTS, and to see our open roles, visit www.vts.com.