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Case Study

National Real Estate Advisors Accelerates Decision Making and Deal Approval Process with VTS

“With VTS everyone is getting information simultaneously. Our CEO is seeing all activity in real-time, which is incredibly valuable. It saves the asset manager time by not having to provide the same update multiple times to different stakeholders.”

Patrick Reilley, Asset Manager

National Real Estate Advisors

BY ASSET TYPE

Office

PORTFOLIO SIZE

2.5M RSF

REGIONS

Major Urban Markets

National Real Estate Advisors is a well-respected name in the commercial real estate industry. Headquartered in Washington D.C., the firm has a focused strategy on build-to-core and seeks to create modern, technologically advanced assets. They have a presence across all property types in most major markets across the United States. National Real Estate Advisors originally considered VTS when they were looking for technology to help them alleviate the challenges associated with manual reporting. They also wanted to be able to make faster decisions and be more responsive to tenants. After adopting VTS, their leasing and asset management processes have been transformed.

CHALLENGES & ROADBLOCKS

Why National Real Estate Advisors needed to transform their approach to leasing and asset management

Inefficient leasing process

Before VTS, National had no way to communicate leasing pipeline information through their organization quickly. While they would have bi-weekly meetings, there was little insight into the progress being made between updates. This made it hard for the team to make quick decisions to move deals forward.

SOLUTION

Transforming the leasing and asset management processes at National Real Estate Advisors

Faster deal cycles

With VTS, the National team is able to make better leasing decisions faster because everyone receives deal information simultaneously. As a result, the team is able to respond to tenants and advance deals forward faster, accelerating overall deal cycles. Additionally, much of the manual processing and reporting the team had to do previously has been eliminated.

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