VTS launches VTS Retail
VTS, a commercial real estate leasing and asset management platform, has launched VTS Retail, a leasing platform designed specifically for the retail sector.
Unlike any existing offering for retail landlords, VTS says 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 centre strategy and risk.
Kevin Halleran, Chief Accounting Officer at Starwood Retail Partners, says: "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."
VTS also announced the formation of a Retail Advisory Board comprising leaders from top retail landlords and clients including Brookfield Properties, Shopcore, and Oxford Properties Group.
Nick Romito, CEO and Co-Founder at 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.”