Case Study: Beacon Capital Partners streamlines leasing and saves time with VTS

Beacon Capital Partners cuts lease execution time by 37.3% with VTS

Beacon Capital Partners, a real estate investment firm with a 35-property office portfolio, faced significant challenges in managing its leasing process. Their asset managers and brokers relied on disconnected Excel spreadsheets, which led to poor team communication, a lack of real-time visibility into deal status, and hours of manual reporting each week. To address this, they turned to the VTS platform for a centralized solution.

By implementing VTS, Beacon streamlined communication by having third-party brokers enter deal updates directly into the system for real-time visibility. The platform automated reporting, saving each asset manager an estimated two hours per week. This provided reliable, centralized data that allowed the team to compare lease terms and facilitate deals more strategically. As a result, VTS helped Beacon reduce the average time from proposal to executed lease by 37.3% and enabled the creation of over 5,200 instant reports in a single year.

Beacon Capital Partners