February 1, 2021Business Wire 2021
VTS, the commercial real estate (CRE) industry’s leading leasing, marketing, and asset management platform, today announced that it has launched its new, free VTS Marketplace online office listings site in Washington, D.C., which has been purpose-built for tenant rep brokers. At launch, the Washington, D.C. Marketplace already has more than 55 million square feet of assets committed by top landlords in the D.C. Metro Area including Columbia Property Trust, JBG SMITH, Tishman Speyer, Brookfield Properties, Carr Properties, and American Real Estate Partners (AREP), with an average of 7.5 million square feet being added every month.
The D.C. launch of VTS Marketplace follows on the heels of successful launches in New York City and Boston in 2020 due to immense enthusiasm among landlords and brokerage professionals for what is commercial real estate’s only digital listings site, providing access to the industry’s most comprehensive content and the industry’s newest inventory available weeks before other sites. This enables tenant rep brokers to win new tenant business, and provide a modern, superior experience to their existing tenant clients.
"We’re excited to work with VTS as they launch their modern approach to office leasing in the D.C. region via VTS Marketplace,” said Dave Ritchey, EVP at JBG SMITH. “As landlords, it is critical for us to equip tenant rep brokers with state-of-the-art digital tools that improve efficiency and facilitate the leasing process. Utilizing a platform that enables brokers and their clients to experience our spaces virtually is more important than ever, and it will continue to be a valuable asset in the future.”