VTS announces new CRE management platform for the retail sector

VTS looks to change the leasing process with its new platform, VTS Retail.

Leading commercial real estate leasing and asset management platform, VTS, has announced a new leasing platform designed for the retail sector, VTS Retail. This new platform looks to solve the major issues plaguing retail landlords today. What sets it apart from its competition is that it offers tools that enable landlords to greatly reduce the time from prospect to tenant move-in and manage shopping center strategy and risk all in one place.

Kevin Halleran, Chief Accounting Officer, Starwood Retail Partners, said:

"The retail commercial landlord sector has been waiting for a solution like VTS Retail. 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."

The CRE company also announced the creation of a Retail Advisory Board made up of leaders from top retail landlords and clients, including Brookfield Properties, Shopcore and Oxford Properties Group. 

Leasing and asset management tools made with the retail landlords in mind

The platform was created specifically to address the complex needs and issues that face retail landlords today.

VTS Retail allows retail landlords to:

• Impress top tenants and reduce the time from prospect to store opening:
  • Market to top tenants with VTS’ marketing module, PropertyCapsule by VTS
  • Eliminate the friction that derails deals
  • De-risk tenants’ move-in to ensure stores open on time
• Proactively manage the leasing strategy and tenant risk for a retail portfolio:
  • Inform leasing strategy with insights from shopping centers
  • Prevent surprises that cause revenue risk to shopping centers

Nick Romito, CEO and Co-Founder, VTS, said:

"I’m incredibly excited to announce VTS Retail. 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.”

SOURCE VTS
Edited by V. Haviland